Tuesday, April 22, 2025
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Saudi Aramco dismisses ‘false and inaccurate’ rumors on Bitcoin mining

The Saudi Arabian Oil Company (Saudi Aramco) stirred interest among crypto enthusiasts last year after investing $5 million in blockchain-based oil trading company Vakt. While this move aimed to digitize and streamline post-trade processing, Saudi Aramco was also rumored to undertake Bitcoin (BTC) mining activities. However, Saudi Arabia’s state oil company released

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Industry Pros Weigh In on Rumors of New Crypto Wallet Regs

Recent rumors about U.S. regulation of private, self-hosted crypto wallets have some compelling context.For example, the proposal submitted last month by U.S. authorities to lower the anti-money laundering (AML) threshold for cross-border transactions (its consultation ends today, Friday), seems to support the hypothesis that outgoing Treasury Secretary Steven Mnuchin is

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