Iceland Refuses to Power New Bitcoin Farms Amid Electricity Shortages

Iceland Refuses to Power New Bitcoin Farms Amid Electricity ShortagesCryptocurrency mining is among several energy-intensive industries hurt by a power deficit in Iceland. The country’s main utility is now rejecting requests to connect new coin minting facilities to the grid, after cutting supply to aluminum smelters and fish factories. Iceland Turns Away New Crypto Miners to Deal With Lack of Energy Iceland’s largest utility, […]

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Australia to Regulate Crypto Sector as Part of Payments Reform

Australia to Regulate Crypto Sector as Part of Payments ReformThe government of Australia is preparing to comprehensively regulate the activities of cryptocurrency exchanges and custodians. The push is part of a major overhaul, aimed at preserving the country’s sovereignty over its payments system, which will also affect providers like Apple and Google. Payment Laws in Australia to Cover Crypto Business and Big Tech Authorities […]

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