White Rock Management expands operations to Texas
A Swiss-based crypto mining firm called White Rock Management has announced plans to start operating in Texas before moving on to the rest of the United States. NGON, a business that catches natural gas that would otherwise be burned and converts it to electricity for use in the firm’s Bitcoin (BTC) mining operations, and White […]
Russian state Duma approves no VAT on cryptocurrency bill
According to Reuters reports, members of the Russian state Duma have accepted the draft law that intended to exempt issuers of digital assets and crypto from value-added tax (VAT). The topic of crypto regulation has been up for discussion in Russia for some time, and the nation’s financial officials have often declared their antipathy for […]
Robinhood trading platform lists Chainlink (LINK)
Following Chainlink’s listing on Robinhood, a well-known cryptocurrency exchange, the cryptocurrency price has soared by 5%. To announce the listing, Robinhood used Twitter. In the interim, Chainlink’s price increased by about 5%. As of the time of this writing, the price of LINK is $7.01. The 24-hour trading volume for tokens has increased by over […]
Circle partners with New York Community Bank to provide custody services
Circle announced that it had partnered with New York Community Bankcorp to provide custody services. The bank will become USDC stablecoin’s custodian. The action is a part of the Circle Impact project, which aims to increase financial inclusion. It proposes to give community banks and minority-owned depository institutions across the U.S. a portion of USDC […]
KPMG enters the metaverse with $30M investment in Web3 training
KPMG, one of the Big Four accountancy firms in Canada and the United States, has announced the creation of its first metaverse collaboration hub. With a new collaborative hub that uses Web3 to connect staff, clients, and others, KPMG is stepping into the metaverse. The metaverse center is the “signature piece” of the company’s $30 […]