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Cryptocurrency Developments: Firms and Funds
This chapter explores significant happenings in the cryptocurrency sector, focusing on Nexus Interactive's fundraising and Bitfarms' acquisition of Stronghold Digital. It discusses the environmental impacts of Bitcoin mining practices, updates from emerging companies, and Wyoming's innovative moves in stablecoin regulation. The chapter also addresses regulatory scrutiny and challenges faced by various entities within the crypto space, alongside hints at the broader implications for the market.