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New York Approves New Electricity Rates for Crypto Miners

Regulation New York is seeking to foster growth in its cryptocurrency mining sector, with the New York State Public Service Commission (PSC) approving new electricity rates for Massena Electric Department. The new provisions will facilitate “high-density load customers, as such cryptocurrency companies” accessing “individual services agreement tariff[s],” including “protect[ion] […] …

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Philippines Government Approves Two New Crypto Exchanges

Exchanges The central bank of the Philippines has reportedly approved two new cryptocurrency exchanges, bringing the total number of accredited crypto exchanges in the country to five. Meanwhile, crypto transactions have been growing in the country. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Accrediting Two New Crypto Exchanges …

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U.S. security panel approves Oceanwide purchase of Genworth

WASHINGTON (Reuters) – A U.S. panel that reviews foreign investments for potential national security threats has approved China Oceanwide Holdings Group’s [OWREAC.UL] purchase of insurer Genworth Financial (GNW.N), the two companies said on Saturday. The United States in recent years has blocked many proposed Chinese investments in American companies in …

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