Texas
Digital Ownership Is Getting Heated
Remote-controlled thermostats in Texas might serve as a reminder to what we give up when we go digital.

Could the Heat and Feared Blackouts in Parts of the U.S. Affect Bitcoin Mining Operations?
Texas and other U.S. states across the West are facing energy grid shortfalls this summer as severe drought reduces the amount of water available for hydroelectric power generation, says the Wall Street Journal. CoinDesk's Christie Harkin and Brad Keoun discuss the possible impact of power shortages for miners in the area and the wider crypto mining community.

Investors Warned Again by SEC Against Bitcoin Futures Funds; Texas Greenlights Banks to Custody Crypto Assets
The U.S. Securities and Exchange Commission has yet again warned investors against bitcoin futures funds. CoinDesk's Nikhilesh De says this is "only the beginning of a long line of notices the SEC has pushed out about price volatility in bitcoin futures." Plus, the Texas state banking regulator announced Thursday that state-chartered banks could provide crypto custody services.

Texas State Regulator Greenlights Banks to Custody Crypto
A June 10 notice from the Texas Department of Banking told state-chartered banks they can work with crypto companies.

Texas Governor Signs Law Creating Legal Framework for Crypto Investments
The law amends adapts commercial law to blockchain and digital assets, and defines virtual currencies.

Argo Blockchain's Bitcoin Holding Passes 1,000
May revenue fell to $7.8 million, 16% less than the month before.

Compute North to Host Marathon’s 73K New Bitcoin Miners in Texas
Marathon cited Texas’ favorable regulatory climate and low energy prices, as well as environmental considerations as key factors in the decision.

Blockcap Opens Texas HQ, Plans to Put 32K New ASICs Online Over the Year
Texas is quickly becoming a major hub for American mining.

Riot Blockchain Acquires Whinstone’s Texas Bitcoin Mining Operations
The firm is acquiring the facility with the goal of “increasing the American footprint in the global bitcoin mining landscape.”

Texas Securities Regulator Issues Emergency Order Against Binance Impersonator
"The pitch is relatively simple – invest a little, gain a lot and don’t worry about risk," the Texas State Securities Board said.
