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Cipher mining

SoftBank Invests $50 Million in Cipher Mining to Expand HPC Data Centers

Cipher Mining secures a $50 million investment from SoftBank to expand its high-performance computing data centers, solidifying its role in industrial-scale infrastructure. Tech Giant Becomes Key Stakeholder in Bitcoin Mining Firm Cipher Mining Inc. (NASDAQ: CIFR) has secured a $50 million private investment from SoftBank Group Corp., positioning the technology-focused investor as a key stakeholder…

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JSC

Jordan (JSC) Approves Initiative to Establish Comprehensive Digital Asset Regulation Framework

Jordan's government (JSC) has taken a significant step toward regulating digital assets by approving an initiative to develop a comprehensive regulatory framework within the year. The initiative aims to align Jordan's regulations with global standards, creating a secure environment for digital asset trading while enhancing the country's digital economy. Regulatory Framework to Be Developed by…

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Thailand SEC to Introduce Trading System for Tokenized Securities Using DLT

The Securities and Exchange Commission (SEC) of Thailand is set to introduce a new trading system for digital tokens, leveraging distributed ledger technology (DLT) to enhance market efficiency and attract securities firms into the digital asset space, according to local reports published on February 3. Notably, Jomkwan Kongsakul, deputy secretary-general of the Thai SEC, stated…

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Arkansas

Arkansas Senate Rejects Bill to Ban Bitcoin Mining Near Military Bases

The Arkansas Senate has rejected a bill banning bitcoin mining near military bases, keeping digital asset operations unrestricted despite national security concerns. Legislators Vote Against Restricting Digital Asset Mining Operations The Arkansas Senate has rejected Senate Bill 60, which sought to ban bitcoin mining operations within 30 miles of military facilities due to national security…

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ubs and zksync

Switzerland’s UBS Taps zkSync for Blockchain-Based Gold Investment Platform

Switzerland’s largest bank, UBS, has completed a proof-of-concept (PoC) using ZKsync Validium, an Ethereum layer-2 (L2) solution, to enhance its fractional gold investment product, UBS Key4 Gold. Notably, the pilot aims to address scalability, privacy, and interoperability challenges in digital gold trading. https://twitter.com/zksync/status/1885329177446133998 Swiss UBS: Enhancing Scalability and Security The PoC was conducted on a ZKsync…

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Bloomberg Analyst James Seyffart predicts XRP ETF to be launched in 2025

Bloomberg Analyst and Exchange Traded Fund Expert James Seyffart predicted XRP ETFs would be launched in 2025 following moves made by major asset managers.  Seyffart’s prediction follows Grayscale's recent filing for XRP Exchange Traded Funds. Grayscale joins the growing list of asset managers exploring ETF products for other crypto assets outside Bitcoin and Ethereum.  Grayscale…

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