Tag: U.S

Bitcoin mining operations in Paducah, Kentucky, are drawing substantial electrical resources, per recent municipal disclosures. Local utility provider Paducah Power identifies two bitcoin mining firms among its 10 largest industrial electricity consumers. Bitcoin Operations Drive Paducah’s...

U.S. Senators Lummis, Gillibrand Take on Stablecoin Legislation With New Bill

The bill created a $10 billion limit for non-depository trust institutions to be able to issue payment stablecoins. Once the issuer exceeds that amount,...

U.S. Justice Department Seizes $9M in Crypto from Romance Scam Ring

On November 21, 2023, the U.S. Justice Department announced a significant disruption in cybercrime activities, seizing nearly $9 million in Tether (USDT) from an...

Sam Bankman-Fried Reportedly Set for Extradition to the U.S.

In the U.S., Bankman-Fried will face an indictment from the Southern District of New York that includes charges of money laundering and conspiracy to...

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