Stablecoins may qualify as “money” under Texas law, according to updated guidance from the state Department of Banking. A memo published Wednesday by Texas Banking Commissioner Charles Cooper outlines how cryptocurrencies are to be treated under local and federal regulations, in particular adding details of how stablecoins backed by sovereign, or fiat, currencies may be assessed. The […]

Apple has announced plans to build a new campus in Austin, Texas, saying the project will involve a $1bn (£790m) investment. The company already has an existing base in the city. The iPhone-maker said it expected the latest move would eventually make it the state capital’s biggest private employer. One expert said the area had a […]

Texas executed regulatory action recently against two cryptocurrency mining companies. The Securities Commissioner for Texas sent EXY Crypto (also known as Execrypto) and AWS Mining PTY LTD. cease and desist letters based on fraudulent activities. EXY Crypto Texas order number ENF-18-CDO-1771 against EXY Crypto specifically names Morgan Nolan, Rafael Logan, and Melissa Spring as involved in the ordeal. […]

An Evangelical Texan is now using her pulpit to fight Trumpism. Will her flock follow? It’s a beautiful September morning in Austin, Texas, and Jen Hatmaker is gently heckling the congregants of Austin New Church. Today’s sermon is on the parable of the Prodigal Son, and Hatmaker, delivering the sermon, is just winding up for […]

Fort Hood units banded together this week with one common goal – clean up the installation. “There are 760 debris piles that are throughout the training area. Some are concertina wire, some could be old mattresses, old wood, old engineer stakes,” explained Fort Hood Garrison Command Sgt. Maj. Byron C. Larsen. “What we’re doing is, […]

Greater chance of tropical storm force wind speeds across Midlands with highest chances (60%-80%) in the eastern Midlands and Pee Dee region in South Carolina. The more southern track has also increased the risk for tornadoes and flash flooding. Florence remains a dangerous Cat 4 with max winds of 130 mph with a NW movement […]

Bitmain, the world’s largest bitcoin miner and mining equipment maker has announced construction plans for a new blockchain data center and cryptocurrency mining facility in the city of Rockdale in Milam County, Texas. CCN earlier reportedthat the company released plans to construct a data center in Texas as part of an ongoing North American expansion drive. […]