Tag: Regulation
-
The $7 Billion Discount Dilemma: Why Grayscale Bitcoin Trust (GBTC) is Trading at a 46% Discount
If you watched TV during 2022, chances are you saw the ubiquitous commercials for Grayscale, which manages the world’s largest Bitcoin investment fund. These ads touted Bitcoin as “the future” and a must-have asset in every retiree’s portfolio. However, investors in Grayscale Bitcoin Trust (GBTC) are currently facing both a problem and an opportunity. The…
-
El Salvador’s Anti-Crime Campaign Escalates: 40,000 Gang Members Sent To Mega-Prison
El Salvador has been making headlines recently, both for its controversial crackdown on crime and its adoption of Bitcoin as legal tender. While seemingly unrelated, these two events may be connected in ways that are not immediately apparent. President Nayib Bukele has been praised by some for his tough-on-crime stance, which has led to the…
-
Lawmakers Urge EPA To Update Proposal To Curb Harmful Gas Flaring At Oil Wells
Congressional Democrats have called on the Environmental Protection Agency to strengthen its proposal to regulate methane gas emissions from the oil and gas sector in the US. The lawmakers urge the EPA to tighten restrictions on routine gas flaring, which emits more methane than previously estimated, and to provide clear definitions of when flaring can…
-
Montana Protects Bitcoin and Crypto Mining Rights With New Mining Bill
TDLR The Montana state senate has passed a bill called “Right to Mine” designed to protect cryptocurrency mining companies from unfair utility rates. The bill is a significant step forward for crypto mining and aims to encourage mining operations within the state. In the United States, crypto mining has long been a contentious issue, with…
-
JPMorgan Accused of Facilitating Epstein’s Sex-Trafficking Operation
Two lawsuits have been filed against JPMorgan, alleging that the bank facilitated Jeffrey Epstein’s sex-trafficking operation. The plaintiffs in both lawsuits are seeking additional documents that they claim are being withheld, and they want CEO Jamie Dimon to be compelled to turn them over. According to Bloomberg, both the US Virgin Islands and an Epstein…