Celsius Network claimed that the freeze was in the interest of its customers, but regulators in Texas, Kentucky, New Jersey, and even the Securities and Exchange Commission are not taking their word.
Facebook has faced an uphill task bringing regulators onboard with its Diem payment system, even after pouring millions into lobbying and rebranding efforts.
Cryptocurrency lending company BlockFi becomes the first in crypto to be eligible to offer interest bearing accounts for Washington state residents.
The Grant County public utility district (PUD) says nine cryptocurrency firms seek to stop a power rate increase targeting mining operations.
The Blockchain Association is reportedly the first lobby group of its kind to be created in the US, and will have its headquarters right in the heart of the country’s political body, Washington, DC.
Commissioners at the Grant County public utility district (PUD) in Washington agreed to apply the levy, which it claimed was to protect its 46,000 core customers from the "risks" of cryptocurrency mining activities.
Franklin County has approved moratorium to allowing them to stop reviewing any applications from cryptocurrency mining firms while they assess the potential long-term repercussions.