Texas Bill Proposal: " Before Accepting Payment by a Digital Currency, a Person Must Verify the Identity of the Person Sending Payment"

In the US state of Texas, a new proposed bill sets out to require identity verification to use cryptocurrencies. The bill is called House Bill 4371 and was proposed by Phil Stephenson, a Texas Representative on March 11, 2019. According to the bill’s documentation, the bill mandates that the person receiving a cryptocurrency payment must first verify the…

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Bitcoin Price Analysis: BTC Liquidity, Pennsylvania, Texas Clarity

Bitcoin Price likely to bounce above $3,800 Pennsylvania DoBS clarifies that crypto exchanges don’t need MTA licenses to operate Average transactional volumes expected to rise in the short-term After yesterday’s higher highs, Bitcoin is poised to extend their gains today. Gains are low but up from yesterday’s lows meaning our previous BTC/USD trade plan is…

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Coinstar Machines in Select US States Now Sell BTC Vouchers

On Jan. 17, financial services company Coinme announced that people visiting select Safeway and Albertsons stores in California, Texas, and Washington can now purchase bitcoin core (BTC) through Coinstar kiosks. Coinstar devices are fully automated self-service coin-counting machines and now thousands located in the U.S. market could be equipped to handle cryptocurrency transactions. Also Read: Markets…

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Bitmain Suspends Texas Mining Operations

Bitmain’s woes continue with layoffs and a muddled suspension that leaves behind a skeleton crew. The mining giant Bitmain has suspended operations at its mining facility in Rockdale, Texas, according to a report from Texas Public Radio. When (and if) Bitmain will resume mining activities is up in the air. Bitmain announced the Rockdale mining…

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Crypto Mining Giant Bitmain Suspends Texas Mining Operations

Chinese crypto mining giant Bitmain has reportedly suspended its mining operations in the city of Rockdale, Milam County, Texas due to the collapse of the price of bitcoin. In August 2018, the Chinese crypto mining giant started to build its $500 million data center and mining facility at a section of the former Alcoa Rockdale…

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Bitmain Pauses Texas Mining Operations, County Officials Report

According to reports from media outlet Texas Public Radio, the Chinese mining giant Bitmain Technologies has reportedly suspended operations in the town of Rockdale. Bitmain started to build up its new facility at a former aluminum smelting factory last summer, but since the crypto economy downturn, the company’s operations at the Texas factory have allegedly paused….

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Texas Updates Regulatory Guidance Regarding Activities Involving Cryptocurrency

The Texas Department of Banking has published new guidance regarding the regulatory treatment of virtual currencies under the Texas Money Services Act. The document states that most transactions involving cryptocurrencies will not be considered a transfer of “monetary value” but the exchange of virtual currencies for fiat will likely be recognized as a “money transmission.”…

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Free Crypto Trading App Robinhood Available in Alaska and Oklahoma

“Alaska, thanks for bearing with us,” popular smartphone trading app Robinhood tweeted. “Trade Bitcoin and other cryptocurrencies, commission free.” Mere days after, it announced the same for Oklahoma. Residents of the two states can now trade bitcoin cash, dogecoin, ethereum, ethereum classic, and litecoin on its platform. Also read: Colombia Crypto Exchange Asks New President…

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Bitcoin Mining Giant Bitmain to Invest $500 Million in Texas Data and Mining Facility

Bitcoin (BTC) mining firm Bitmain will build a $500 million blockchain data center and mining facility in Texas as part of its expansion into the U.S. market, the company revealed in a press release August 6. Bitmain, which is valued at around $12 billion after its early July funding round, is also reportedly looking to…

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Bitmain Launches Key Crypto Mining Facility in Texas

Bitmain Technologies Ltd. is launching a crypto mining facility and blockchain data center in the U.S. state of Texas at a former aluminum smelting facility with a recently-retired coal power station. The company is reportedly getting a tax abatement phased in over 10 years. Crypto Mining Facility in Texas Bitmain Technologies Ltd. announced Monday the…

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Bitmain to Open New Blockchain Data Center in Texas

Mining hardware giant Bitman has announced that its newest blockchain data center will be located in Rockdale, Texas, in Milam County. According to a press release released today, developed of the new facility will begin in early 2019, and the company expects the center to be fully operational in about two years, bringing over 400 new jobs…

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In A Bid To Expand, Bitmain Set To Open In Texas ⋆ ZyCrypto

Bitmain a crypto mining giant to start a data centre in small Texas town, as the city’s economy is being revived and Bitmain strengthens its hold in North America. Bitmain is a Chinese crypto mining firm and designer of ASIC chips, and it also operates Antpool. The company presently seeks employees to work in the…

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Now You Can Buy A Texas Mansion With Bitcoin

The sellers for a newly listed mansion in the city of Highland Park, Texas are open to taking Bitcoin for payment. The listing is just another example of a rapidly expanding cryptocurrency real estate market attracting buyers from across the world. Many industries have been expressing interest in cryptocurrencies, but those in the real estate…

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Texas Investigation Finds 32 Illegal Cryptocurrency Schemes

The Texas State Securities Board has published a report on cryptocurrency fraud, calling it “widespread”. The 14-page report refers to a four-week investigation which the authority carried out “in repsonse to a sharp increase in the number of cryptocurrency inverstment opportunities being marketed to Texans”. Join our Telegram channel and get all the latest cryptocurrency…

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Texas Releases Detailed Report Outlining Its Efforts to Keep Bad Crypto Players Out of the State

Texas has been one of the most aggressive states in the U.S. in rooting out bad crypto players. by Tedra DeSue, 2 hrs ago Subscribe × Texas doesn’t care for cryptos too much. It’s made that clear over the past few months as it has aggressively sought out the bad actors in the space, and…

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Texas Cops Could Be Getting Their Own Cryptocurrency

Despite the US not recognising virtual currency as legal tender, one Texas town near Dallas might be introducing its own cryptocurrency – if mayoral candidate Winston Edmondson gets his way. Blue Coin is the chosen moniker of what would be  a ‘municipal cryptocurrency’ that would help generate revenue for an underfunded police department. Edmondson’s proposals…

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