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CleanSpark still to restore 165MW in aftermath of Hurricane Helene

[Oct 1 3:05 AM] The massive category 4 hurricane has killed at least 137 people, and many more are still missing — while millions of homes and businesses remain without power. 

North Carolina resists the CBDC tide with new payments ban

[Sep 13 2:00 PM] A new law in North Carolina seeks to ban CBDCs in the state, but there are questions about whether the new legislation is even legal. 

North Carolina Rejects Federal Digital Currency, Overrides Governor’s Veto

[Sep 11 1:30 AM] The North Carolina General Assembly has overridden Governor Roy Cooper’s veto to enact a bill prohibiting a central bank digital currency (CBDC) in the state. The Senate voted 27-17, securing the required supermajority. The bill bars payments using…

FBI Recovers $5 Million From Pig Butchering Crypto Scam

[Aug 23 3:30 AM] Authorities in North Carolina have seized nearly $5 million in cryptocurrency linked to an investment fraud scheme. The scheme, known as “pig butchering,” involved criminals creating fake romantic relationships to deceive victims into…

North Carolina lower chamber overturns governor’s veto of CBDC ban

[Aug 1 9:32 PM] The bill received strong support in the General Assembly. Now, the state Senate will consider overturning the veto.

Bitcoin ATM Scams on the Rise: North Carolina AG Issues Warning and Tips to Stay Safe

[Jul 13 11:32 PM] North Carolina Attorney General Josh Stein has issued a warning about bitcoin ATM scams, following numerous complaints. The alert outlines tips to avoid such scams, emphasizing caution with unsolicited requests for cryptocurrency payments, online…

North Carolina Governor Vetoes Bill Banning State Use of Central Bank Digital Currencies

[Jul 6 7:41 PM] The governor of the U.S. state of North Carolina has vetoed House Bill 690, which seeks to ban state payments using central bank digital currencies (CBDCs) and the state’s participation in the Federal Reserve’s CBDC testing. The…

North Carolina Passes Bill to Block State Participation in Federal CBDC Testing

[Jun 28 8:30 PM] The General Assembly of the U.S. state of North Carolina has approved a bill that prevents the state from participating in the Federal Reserve’s testing of a central bank digital currency (CBDC). The General Assembly is North Carolina’s…

North Carolina’s CBDC ban bill heads to governor’s desk

[Jun 26 7:32 PM] North Carolina Governor Roy Cooper will now either sign or veto the law that bars the state’s government from accepting a Federal Reserve CBDC, potentially joining Louisiana.

States’ backlash against Binance.US continues with 6th license pulled

[May 1 3:30 PM] Oregon joins five other states that have delicensed Binance.US after former Binance CEO Changpeng Zhao pleaded guilty to felony charges.

North Carolina Advances Bill to Study Holding Bitcoin, Using Crypto to Hedge Against Inflation

[Jun 29, 2023 6:00 PM] The U.S. state of North Carolina has advanced a bill to study holding cryptocurrencies, particularly bitcoin, in the state treasury. The bill appropriates $50,000 from the state’s general fund to study three areas, including “The process of…

North Carolina House Approves Bitcoin Study, What Will It Reveal?

[Jun 29, 2023 4:00 AM] In consideration of recent developments, a bill has been introduced to evaluate the feasibility of establishing a state-administered depository for cryptocurrencies, positioning North Carolina as the custodian of its Bitcoin and virtual asset…

North Carolina House passes bill to commission study on holding Bitcoin

[Jun 29, 2023 12:21 AM] The study would examine the possible impact of holding crypto and how the state would custody digital currency.

North Carolina House Advances Bill To Study Virtual Currency Including Bitcoin

[Jun 28, 2023 1:38 PM] The North Carolina House of Representatives has passed House Bill 721, which includes provisions to study the acquisition and potential benefits of virtual currency, with a specific focus on Bitcoin. The bill, titled State Precious Metals…

With Rushed Moratorium On Bitcoin Mining, North Carolina County Stifles Innovation

[May 17, 2023 12:00 PM] This is an opinion editorial by Dennis Fassuliotis, founder of South Carolina Blockchain Inc. and co-founder of South Carolina Emerging Technology Association, Inc.Why is the Buncombe County, North Carolina moratorium on Bitcoin mining so…

Florida’s DeSantis Waging Toothless Campaign Against Digital Dollars, Lawyers Say

[May 17, 2023 8:30 AM] The state-level campaign against a U.S. digital dollar made its first foray into established law with Governor Ron DeSantis’ signature on Florida’s effort to block the use of virtual government-backed money in business transactions.

Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8

[May 8, 2023 2:20 PM] Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets.

North Carolina House Passes Bill Prohibiting State Payments With CBDCs

[May 4, 2023 3:25 PM] Now headed to the state Senate, HB690 rectifies language that previously encompassed Bitcoin in its goal of restricting CBDC usage.The North Carolina House of Representatives has unanimously passed House Bill 690, which prohibits the use of central…

North Carolina House passes bill banning CBDC payments to the state

[May 4, 2023 11:00 AM] The latest version of the legislation included limiting the Federal Reserve from using the U.S. state as a potential testing ground for its own CBDC pilot.

North Carolina House Unanimously Votes to Ban Digital Dollar Payments to the State

[May 4, 2023 5:43 AM] The U.S. state's House of Representatives voted 118-0 to pass an amended version of a bill that initially sought to ban crypto payments.

North Carolina House Introduces Bill That Would Prohibit Payment To The State In Bitcoin

[Apr 21, 2023 1:52 PM] House Bill 690, “No Cryptocurrency Payments to State,” would stop citizens of North Carolina from paying the state using bitcoin.The General Assembly of North Carolina has introduced a bill that would ban the usage of bitcoin as payment to the…

First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B

[Mar 27, 2023 2:30 PM] According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens Bank & Trust Company, which is based in Raleigh, North Carolina. First Citizens acquired all deposits and…