The House of Representatives announced that the week of July 14th will be “crypto week” in the US to discuss the considerations of the CLARITY Act, the Anti-CBDC Surveillance State Act, and the GENIUS Act. The US lawmakers have said that mid-July will create a clear regulatory framework for digital assets and protect financial privacy.
US House of GOP: Crypto Week in July
On Wednesday, the House Committee on Financial Services Chairman French Hill, the House Committee on Agriculture Chairman GT Thompson, and House Leadership came to an agreement…
United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million. “These increases were… Source link
