Coin Gabbar Token

<h2 id="header-0">Crypto firms in Texas join together to form crypto advocacy group</h2>A group of crypto and blockchain firms have decided to team up to form the Texas Crypto Advocacy Group. This group is called Texas Crypto Freedom Alliance and it was founded by a16z crypto, <a href="https://www.coingabbar.com/en/crypto-currency-news/coinbase-wins-approval-to-sell-crypto-futures-in-us" rel="noopener noreferrer nofollow">Coinbase</a>, Ledger, Bain Capital Crypto, Blockchain Capital and Paradigm. The group&#39;s announcement said it will further its goals by promoting the Crypto Freedom Alliance, an educational initiative targeting government officials, corporations, nonprofits and other organizations to highlight the value of Web3 in Texas.Although Texas is a suitable place for Web3 developers, there is a need to form an advocacy group to deal with the legal issues here. A leader of the group says that in addition to campaigning for reform of the Unincorporated Organizations Law, the group will also advocate for crypto-friendly tax laws, bank charter laws, and bank regulations. Texas is a well-known crypto mining hub in the United States. Genesis Digital Assets manufactures most of its CPUs in Texas. Additionally Hut8, a crypto mining firm, transferred 6,400 mining computers to the state on July 3. After China banned cryptocurrency mining in 2021, crypto mining in the United States has increased significantly. Texas has quickly emerged as a top state for large-scale crypto mining operations.But Texas recently paid <a href="https://www.coingabbar.com/en/crypto-currency-news/el-salvador-leads-volcano-powered-bitcoin-mining" rel="noopener noreferrer nofollow">Bitcoin</a> miner Riot $31.7 million to stop mining due to the heat in August. Bitcoin miner platform Riot mined less Bitcoin in August compared to July. But Power Credits have mined more than $31 million, which is equivalent to approximately 1,136 Bitcoins. The firm received these Bitcoin credits thanks to a contract with Texas grid operator ERCOT.Cryptocurrency News Today, Crypto Market News, the latest news on cryptocurrency, latest crypto news , latest news about cryptocurrencyTo know more crypto daily updated news, visit: <a href="https://www.coingabbar.com/en/crypto-news-english" rel="noopener noreferrer nofollow">CoinGabbar</a>

Texas-based crypto companies team up to create a crypto advocacy group

目录

Coingabbar

发布于 2023年9月13日的其他文章

Binance.US Undertakes Major Workforce Reduction for Long-Term Financial Stability as CEO Departs

Cardano (ADA) and XRP Price Prediction for Mid-September 2023

Stellar’s Price and Social Metrics Move in Opposite Directions

DOGE Bulls Retreat at Resistance, Oversold Signals Hint Reversal

FTX unveils $100m weekly crypto liquidation strategy

Bitcoin Addresses Touch 5-Month High With BTC Price Bounce

订阅我们免费的电子期刊，获取每日最新加密领域动态！