Pennsylvania

Stronghold Digital Mining Acquires Second Power Plant

The mining firm has acquired a second power plant in northeastern Pennsylvania just a week after filing for a $100 million IPO.

News  ·  3 August 2021

Stronghold Digital Mining Raises $105M to Turn Waste Coal Into Bitcoin

The mining firm has a power plant in remote Kennerdell, Pa., using an alternative energy source grouped with hydropower in environmental impact.

Business  ·  22 June 2021
Tokenization

Pennsylvania’s State-Backed VC Firm Is Tokenizing an Investment Fund

Ben Franklin Technology Partners, a Pennsylvania-funded VC provider, is tokenizing shares in one of its funds.

Markets  ·  11 April 2019
Regulation

Pennsylvania Clarifies That Crypto Exchanges Are Not Money Transmitters

Pennsylvania's government has clarified that crypto exchanges and providers do not require a money transmission license to operate.

Policy & regulation  ·  23 January 2019
Regulation

Push to Define Bitcoin as Money Stalls in Pennsylvania

A legislative effort in Pennsylvania to update the state’s definition of money to cover digital currencies was reportedly stalled last year.

Policy & regulation  ·  4 January 2016