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Paraguay to Leverage Seized ASICs to Mine Bitcoin

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ANDE, the state power company, has partnered with Morphware, an artificial intelligence (AI) and mining tech company, to start a pilot program and use part of its seized miners to produce bitcoin. ANDE’s President, Felix Sosa, stated that the bitcoin mined will be sold as a hedge for futures contracts. Paraguay Readies to Establish Bitcoin […]

Elation announces AI-powered fast lane for primary care billing

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New agentic billing workflows embedded in Elation’s all-in-one, clinical-first platform streamline work from pre-visit to payment, helping claims and reimbursements move faster with less effort

Elation Health, the clinical-first technology company powering innovation in primary care, today announced AI-powered billing workflows as the next step in its efforts to reimagine the primary care encounter. By connecting clinical documentation, chart context, and past claims data, these workflows turn everyday notes into cleaner, bill-ready claims that are paid without manual intervention on the first pass, helping practices get paid more fully and reliably for primary care with less billing work for clinicians and staff.

In pilot practices, 72% of eligible claims were created touchlessly from visit note sign-off. Of those, more than 95% were reviewed, confirmed and submitted for reimbursement without any additional manual intervention.

“As both the physician and the biller, I used to feel like I had two full-time jobs,” said Keith Perkins Jr., MD, owner and internal medicine and pediatrics physician at Premier Internal Medicine and Pediatrics. “Now, I can see the patient, document the visit the way I always have, and the rest is largely handled for me. Elation’s touchless workflows suggest codes, catch obvious issues, and move our simple claims forward so I only step in to review and confirm, based on how involved I want to be. That lets me spend more of my time on care and the smaller set of claims that truly need my attention.”

Independent primary care physicians today often get pulled into billing — reviewing claims, fixing denials, or doing reimbursement work themselves. Elation’s new billing workflows are purpose-built for primary care to take on more of those administrative tasks, whether billing is handled by the clinician, a small front office team, or a dedicated biller. That helps cut down everyday administrative work and gives clinicians more time for patients and better work-life balance.

Elation’s new touchless fast lane capabilities include:

  • Smart coding in the encounter: Using what’s already in Elation — pre-visit details, visit notes drafted with Note Assist, the problem list, orders, medications, and practice billing history — to suggest more complete diagnosis, procedure, and drug codes before a bill is created. This means clinicians and staff spend less time manually adding codes and more time confirming that all billable work is captured.
  • Claim review and an AI-powered touchless fast lane for routine work: Checking claims against coverage and billing rules. Claims that meet a pre-defined confidence threshold set by the practice are routed into a touchless fast lane for submission, while exceptions are held out and clearly flagged for review.
  • Performance benchmarks: The workflows are designed to help practices move toward stronger revenue performance, with targets such as denial rates under 5%, first-pass paid rates above 95%, and a high share of touchless first-pass claims paid without extra manual work after the note is signed.

“Reimbursement for delivering primary care shouldn’t be this hard,” said Kyna Fong, CEO and co-founder of Elation Health. “Having been the biller for a small primary care practice, I’ve seen firsthand how much work goes into just getting paid fairly for routine visits. Elation’s approach is simple: billing should support great care, not get in the way of it. With these new fast lane workflows, we’re moving closer to a world where clinicians see the patient, the clinical story of the visit is captured for them in the chart, and the administrative busywork happens quietly in the background. That means more of clinicians’ time can go back to patients, not paperwork.”

The new AI-powered touchless fast lane billing workflows are available today for existing Elation Billing customers and will expand to more customers and new practices over the coming months. To join Elation’s webinar April 2nd on AI-powered billing workflows, register here. To request a demo and learn more about Elation’s clinical-first platform for managing a primary care practice, please visit Elation’s website here.

Vara tells crypto exchange KuCoin to halt operations in Dubai

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Dubai’s digital assets regulator said cryptocurrency exchange KuCoin has been operating without the necessary regulatory approvals and licensing, and must cease and desist from serving clients in the region.

“Kucoin does not hold any licence to provide virtual asset services in/from Dubai. Any activities related to Virtual Assets advertised or conducted by this company are therefore in breach of the VARA Regulations,” the Virtual Assets Regulatory Authority (VARA) said in a statement.

“Any promotion, advertising, or solicitation related to Kucoin has not been approved by VARA, and the company is therefore not allowed to offer, promote, or market any Virtual Asset products or services in Dubai or to its residents,” the regulator added, advising consumers and investors in Dubai to avoid engaging with Kucoin.

The alert comes just weeks after Austria’s financial regulator prohibited the European arm of KuCoin from conducting new business and onboarding customers due to a lack of appropriate compliance staff.

A few months earlier, Austria’s finance regulator, FMA, granted KuCoin a Markets in Crypto Assets (MiCA) permit to operate across the European Union.

KuCoin, a Seychelles-based cryptocurrency exchange founded in China in 2017, is now one of the largest offshore crypto platforms, ranked in the top 10 by trading volume.

“Regulatory frameworks for digital assets are developing rapidly across many jurisdictions, and regulators are increasingly clarifying their expectations for the industry,” a KuCoin spokesperson said. “KuCoin respects applicable laws and regulatory processes globally and maintains a cooperative approach with regulators while supporting the development of a responsible digital asset ecosystem.”

UPDATE (March 5, 09:58 UTC): Adds KuCoin comment in last paragraph.

Vancouver Staff Say Bitcoin Cannot Be Held in City Reserves

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Vancouver, Canada, city staff said Bitcoin cannot be held in municipal reserves and recommended that the city council drop a proposal to create a Bitcoin reserve.

City staff, led by Colin Knight, general manager of the Finance and Supply Chain Management Department, “conclusively determined” that Bitcoin (BTC) is not an “allowable investment” under the Vancouver Charter, according to a motions update report dated Monday.

Staff recommended merging the motion with other related initiatives to reprioritize resources, with a final decision pending a council vote at a meeting slated for Tuesday.

Source: Vancouver City Council

The proposal to create a Vancouver Bitcoin reserve was originally introduced in late 2024 by Mayor Ken Sim as part of a motion titled “Preserving the City’s Purchasing Power Through Diversification of Financial Reserves — Becoming a Bitcoin-Friendly City.”

The council passed the motion with six votes in favor and two opposed. Still, the latest developments may deny the proposal.

Bitcoin’s inflation hedge argument fades amid bear market

Introducing the proposal in 2024, Mayor Sim said the motion was partly aimed at helping the city hedge against inflation using Bitcoin, which has often been described as “digital gold” because of its fixed supply capped at 21 million coins.

“As an open, decentralized, and secure digital asset, Bitcoin has been recognized by many financial experts and analysts as a potential hedge against inflation and currency debasement,” the motion read.

Related: Bitcoin is forming a bottom as the 4-year cycle ends: VanEck CEO

The argument that Bitcoin acts as an inflation hedge has weakened recently as the cryptocurrency’s price declined sharply. Bitcoin has fallen about 50% from its October 2025 peak of above $126,000, returning to late-2024 levels and briefly touching lows near $60,000.

Bitcoin (BTC) price chart since late 2020. Source: CoinGecko

Despite skepticism from some analysts who argue Bitcoin does not behave like digital gold, macroeconomists such as Lyn Alden remain bullish on the digital asset relative to gold in the near term.

“If I had to bet Bitcoin versus gold over the next two to three years, I would bet Bitcoin,” Alden said on the New Era Finance podcast on Wednesday.

Magazine: Would Bitcoin really be at $200K if not for Jane Street? Trade Secrets