Between Kraken’s $1 million spend on subpoena responses in 2019 and tales just like the $2 million it value Blockstack to lift $23m in an SEC compliant token sale (8.7 p.c of the increase), it begs the query: will compliance prices basically restrict innovation by demanding large warfare chests to play? Will probably the most profitable firms be those who (like Block One) merely increase sufficient to repay the regulators on the again finish?
Later, we have a look at new mining pursuits in Texas, what it means for American mining and bitcoin mining within the lead as much as the halving extra broadly. Lastly, we’ll dissect an op-ed from the IMF’s chief economist on the power of the greenback over digital options.
Kraken annual transparency report exhibits off rising regulatory inquiries and growing value of compliance
New world pursuits in large Texas-based bitcoin mining operation
The IMF’s chief economist on why digital currencies don’t threaten the greenback’s world reserve forex standing
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