The state of Missouri has given the green light to a bill that seeks to ensure legal protection for companies and data center operators for mining Bitcoin and other cryptocurrencies. This and more news in this practical daily summary so that you are always informed with the most recent events that occur within the crypto world.
Missouri votes in favor of cryptocurrency mining
📍Missouri lawmakers vote to provide legal protection for Bitcoin and other cryptocurrency mining. The Missouri State House of Representatives has Bill No. 764 was approved, which is focused on the legal protection of crypto mining within the state territory.
Introduced by Rep. Phil Christofanelli, House Bill 764 provides measures to protect cryptocurrency miners from discriminatory electricity rates, as well as a ban on home crypto mining. The bill's text advocates, among other things, that individuals have the right to run a node or a series of nodes to mine crypto assets.
Bill 764 follows the example of the state of Mississippi, which formulated a similar bill in order to protect the rights of cryptocurrency miners, ensuring that the state requires mining and data center companies and operators to meet the same requirements as other businesses.
In mid-February, the Mississippi Senate passed the Digital Asset Mining Protection Bill. The Missouri Senate is also expected to give its approval to Bill No. 764.
Binance US to buy Voyager assets for $1.300 billion
📍Voyager's VGX surges 20% after Binance approves plan to acquire company's assets The assets of Voyager, the cryptocurrency investment company that filed for bankruptcy in mid-2022, will be acquired by Binance US in a deal that reaches $XNUMX billion. $ 1.300 million dollars.
Binance had submitted a plan in late December to help restructure the failed company. However, the US bankruptcy court judge had only issued his authorization yesterday, when he gave the green light to the company's plan to acquire Voyager's assets.
The news has had a positive impact on the price of VGX, Voyager's native token, which has risen by 20% in the last few hours, according to data from the CoinMarketCap platform. At the time of writing this article, VGX is trading at around $ 0,47 dollars per unit.
Source: CoinMarketCap
Jack Dorsey involves the crypto community in the development of his project
📍Twitter co-founder Jack Dorsey has launched a consultation on his mining development kit. Through a blog, Dorsey explained that the “The Mining Development Kit” or “mining development kit” (MDK) is a set of tools that will help unlock innovation in Bitcoin mining hardware.
The mining development kit is part of his project to build a new open-source silicon-based bitcoin mining system. This project received enthusiasm and approval from the crypto community, so Dorsey, through his other company Block, will continue to develop it.
Block plans to get involved in the bitcoin mining semiconductor chip development market, with the aim of increasing innovation, improving efficiency and decentralization in the mining of this cryptocurrency.
Dorsey is looking forward to receiving feedback from the crypto community on his new MDK development kit.
Continue reading: Web3 will transform the future of the world of work, says WEF
IMPORTANT: The content of this article is for informational purposes only and, in no case, what is written here should be taken as investment advice or recommendations. Bit2Me News reminds you that before making any investment you should educate yourself and know where you invest your money, as well as the pros and cons of the system. We separate ourselves from the actions and consequences that ignorance may entail. If you decide to invest in this or another asset class, you are solely responsible for the consequences that your decisions and actions may have.
