This week brings key updates in crypto regulations and wallet features that focus on improving crypto reliability and usability for users. Texas has introduced mandatory registration for crypto miners using the ERCOT grid, aiming to better manage the impact of mining on the power system.
In the wallet space, Plus Wallet and Coinbase Wallet’s news have attracted attention. Plus Wallet is gaining popularity as one of the best crypto wallet apps, offering features like cross-chain access and smart tracking along with passive income options.
Meanwhile, Coinbase Wallet is launching a "tap-to-pay" feature and plans to expand to 50 countries, aiming to simplify payments worldwide.
Texas Tightens Rules for Crypto Miners
Texas now requires crypto miners using the ERCOT grid to register with the Public Utilities Commission of Texas (PUCT). Miners must share their location, ownership
details, and electricity needs within a day of connecting and renew their registration every year by March 1.
The move is meant to help manage the state’s power grid as crypto mining grows. ERCOT, which supplies 90% of Texas’ electricity, says this information is vital for keeping the grid reliable. Miners who don’t comply could face daily fines of up to $25,000.
Coinbase Wallet News: Tap-to-Pay Feature in the Works
Recent Coinbase Wallet news shows the platform is getting ready to launch a "tap-to-pay" feature to compete with apps like Cash App, Venmo, and PayPal. Jesse Pollak, who leads Coinbase Wallet, shared that the feature is being tested now and will roll out soon. Speaking at the DevCon conference, Pollak said they aim to bring Coinbase Wallet to 50 countries by 2025.
This includes adding options for users to link their bank accounts, making it easier to transfer money in and out of the wallet. He explained that managing money on-chain can mean faster payments, better rates, and easier transactions, creating a smoother experience for both users and businesses.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
Cross-Chain Trading Made Easy with Plus Wallet
The cryptocurrency market is constantly changing, increasing the demand for platforms that provide users with convenience and flexibility to stay ahead. Plus Wallet addresses this need by combining cross-chain functionality, top-notch security, and easy rewards all in one app.
Plus Wallet simplifies crypto management with its cross-chain functionality, enabling users to manage and swap assets across various blockchains without the need for multiple wallets. By consolidating access to different assets on one screen, it eliminates the hassle of navigating multiple platforms.
This feature also increases users’ financial freedom, allowing them to trade on the go and seize promising investment opportunities as they arise. Whether transferring tokens or executing swaps, Plus Wallet streamlines interactions to ensure a productive trading experience.
Additionally, Plus Wallet’s emphasis on security and user-friendly design cater to all types of crypto users, protecting their assets while making trading more efficient. The wallet’s reward programs further add value for users, offering them a continuous income source through regular trading activities.
With this combination of safety, flexibility, and earning potential Plus Wallet stands out as one of the best crypto wallet apps for traders seeking an all-in-one crypto solution.
Which Is The Top Crypto Wallet For 2025?
Texas’s new registration rules for crypto miners aim to balance the growth of mining with keeping the power grid stable. With the crypto market’s rapid growth, such measures are key to supporting the industry and the resources it depends on.
For investors, keeping up with this fast-paced market means using the best tools. Coinbase Wallet’s news of its new payment feature aims to simplify transactions and empower users.
However, Plus Wallet stands out as one of the best crypto wallet apps today. Offering cross-chain access, strong security, and easy rewards, the platform helps new and seasoned traders make the most of the market’s potential and grow their earnings.
Plus Wallet:
Website: https://pluswallet.app/
Download: https://onelink.to/pluswalletapp
Twitter: https://x.com/pluswalletapp
Instagram: https://www.instagram.com/pluswallet.app/
