North Dakota Lawmakers Propose Bill To Cap Crypto ATM Transactions To Prevent Scams

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North Dakota lawmakers are discussing House Bill 1447, a newly introduced measure Aim to reduce Crypto ATM fraud by imposing transaction limits and implementing stricter consumer protections. The bill, introduced on January 15, 2025, proposes to cap daily withdrawals at $1,000, limit fees to $5 or 3% of the transaction amount (whichever is higher), and … Read more

UAE’s Phoenix Group Announces 50MW Bitcoin Mining Facility In North Dakota

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Phoenix Group, a leading cryptocurrency company based in the United Arab Emirates, is flexing its muscles in the United States. On January 6, 2025, the company announced that its state-of-the-art 50 MW Bitcoin mining facility in North Dakota was officially up and running. Boost hash rates using the latest technologies The North Dakota facility is … Read more