SBI, GMO to Rent Capacity at Massive Bitcoin Mine in Texas: Report

Potentially the world’s biggest bitcoin mine is said to have signed up two top corporate customers, SBI Holdings and GMO. The Japanese corporate giants will be renting mining capacity at the facility in Rockdale, Texas, recently put into construction by Whinstone Inc., according to Bloomberg sources. The firms are to begin mining “within coming months,” […]

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Stablecoin Issuers May Need Licenses in Texas, Unlike Most Crypto Startups

Stablecoins may qualify as “money” under Texas law, according to updated guidance from the state Department of Banking. A memo published Wednesday by Texas Banking Commissioner Charles Cooper outlines how cryptocurrencies are to be treated under local and federal regulations, in particular adding details of how stablecoins backed by sovereign, or fiat, currencies may be […]

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