In what is becoming a more common industry practice, Exxon Mobil, the United States’ largest oil and gas producer, has announced its plans to initiate a pilot Bitcoin mining program by rerouting excess natural gas, which would normally be flared or burned off, to its Qua Iboe Terminal in Nigeria to power Bitcoin mining
Tag Archives: adoption
Former Top Execs From Leading U.S. Investment Firm To Open Institutional Crypto Business
Two former top Jefferies executives, Brandon Mulvihill and Anthony Mazzarese, who cut their teeth within the institutional world of Forex trading have decided to part ways with the New York based investment firm to step into the rapidly growing institutional digital asset space.
Botswana’s Virtual Asset Bill Passes, Heads To President Masisi’s Desk For Signature
Botswana lawmakers approved the “Virtual Asset Bill” today, February 2nd, in the country’s parliament. A welcomed move that could result in Botswana becoming one of the first countries in Africa to have laws regulating cryptocurrencies. In continuing efforts to tighten anti-money laundering measures, the bill will impose a comprehensive regulatory framework on cryptocurrency trading and other virtual assets.