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Bitget Privacy Notice | Bitget Support Center https://www.bitget.com/support/articles/360015150651

Bitget Privacy Notice | Bitget Support Center https://www.bitget.com/support/articles/360015150651

P2P User Agreement | Bitget Support Center https://www.bitget.com/support/articles/12560603799256?appVersion=2.50.9&time=1743060292687&androidSdk=33&language=en_US&appTheme=standard

U.S. President Donald Trump signed an executive order on March 25 at the White House mandating a government-wide shift to digital payments, ending nearly all paper-based disbursements by the close of Fiscal Year 2025. The order targets inefficiencies in the current system, citing rising costs, fraud, and delivery delays associated with physical checks and money orders. “Historically, Department of the Treasury checks are 16 times more likely to be reported lost or stolen, returned undeliverable, or altered than an electronic funds transfer (EFT),” the order stated. Processing physical records cost taxpayers more than $657 million in Fiscal Year 2024 alone. According to the executive order’s fact sheet: The Order mandates that, effective September 30, 2025, the federal government will cease issuing paper checks for all disbursements, including intragovernmental payments, benefits, vendor payments, and tax refunds. The order further states: “All executive departments and agencies must transition to modern, electronic funds transfer (EFT) methods like direct deposit, debit/credit card payments, digital wallets, and real-time transfers.” Agencies are instructed to enroll recipients in digital systems and reduce reliance on the Treasury’s lockbox services. Certain exemptions will remain for individuals without access to banking, national security purposes, or emergency situations. Alternative payment methods will be provided for those who qualify. A nationwide awareness campaign is planned to educate payment recipients on digital transition procedures. Agencies must submit compliance plans within 90 days, and the Treasury Department is required to report back to the President within 180 days outlining implementation progress. As a safeguard against public concern over digital currency policy, the order also makes clear: This Executive Order does not establish a central bank digital currency (CBDC). In January, President Trump signed an executive order barring federal agencies from developing or promoting central bank digital currencies. The order also rescinded previous efforts to explore digital asset regulations and the creation of a digital dollar. It created a working group to propose a federal regulatory framework for digital assets within 180 days. Several bills to ban CBDCs have also been introduced in Congress and state legislatures. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。

Canaan (Nasdaq: CAN) entered a three-year colocation agreement with Mawson Infrastructure Group affiliate Mawson Hosting LLC for a Midland, Pennsylvania, facility. A separate 24-month hosting agreement covers a site in Edna, Texas. Most of the 4.7 EH/s hashrate is expected to be operational by Q2 2025, according to the announcement. Canaan CEO Nangeng Zhang stated the partnerships align with the company’s strategy to grow its U.S. presence through self-mining and and bitcoin mining equipment sales. He cited supportive regulatory policies as a factor in targeting North American expansion. “The U.S. has regulatory policies that support our company’s ambitions, and we believe that we will be able to find additional partnerships and sites that will help us to increase our presence in the U.S. through self-mining activities and provide us with additional opportunities for mining machine sales,” the Canaan executive said. Mawson Infrastructure CEO Rahul Mewawalla emphasized the collaboration’s focus on integrating Canaan’s hardware with Mawson’s infrastructure. The Texas facility’s operator was not named in the release. The agreements follow months of site evaluations by Canaan, which seeks to leverage partnerships to scale operations. The company did not disclose financial terms or specific energy costs for the facilities. Canaan, a Nasdaq-listed bitcoin mining hardware manufacturer, has increasingly prioritized self-mining revenue. The expansion comes amid broader industry efforts to capitalize on U.S. energy markets and regulatory stability since the Trump administration took over. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。