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Authorities in Iran persist with their efforts to curb unauthorized cryptocurrency mining. The state-run power distribution company has recently identified over a dozen underground crypto farms in Tehran and other regions, unplugging hundreds of mining units illegally connected to the grid. Power Utility Busts 14 Crypto Farms in Homes Across Iran The Iranian government continues … Read more
Block.one announced its plans to build Bullish, its own blockchain-based crypto exchange, in May 2021. Go to Source Powered by WPeMatico
The university hopes the move will raise funding for large-scale conservation and restoration initiatives. Go to Source Powered by WPeMatico
Cryptocurrency mining should be recognized as an entrepreneurial activity under Russian law and taxed accordingly, representatives of key ministries in Moscow and the parliament have indicated. Officials believe the regulatory move would benefit both the state and the crypto industry. Russian Government to Collect Millions of Dollars in Taxes After Legalizing Crypto Mining While the … Read more
All Huobi clients in Singapore should close active positions and withdraw their digital assets before March 31, 2022. Go to Source Powered by WPeMatico
In recent times cryptocurrency platforms have been airing a number of commercials on television in order to entice a broader audience to get into cryptocurrencies. The digital currency community has witnessed crypto commercials starring the seven-time Super Bowl winner Tom Brady and his supermodel wife Gisele Bündchen, award-winning director Spike Lee, and the actor Matt … Read more
Alarmed by the rising energy needs of cryptocurrency mining, Sweden’s financial and environmental regulators have recently proposed an EU-wide ban on proof-of-work coin minting. The Swedish officials believe this would encourage a move towards a more energy-efficient extraction of bitcoin while supporting the transition towards climate neutrality in Sweden and Europe. A state-run power company … Read more
Just before the 26th United Nations (UN) Climate Change Conference (COP-26), the UK government polled 3,071 adults from Britain to ask them their opinions on cryptocurrencies and the crypto industry’s effects on climate change. According to the survey, 45% of Britons would support banning crypto assets for environmental reasons and 18% would oppose a ban. … Read more
DOT price targets new highs and investors expect the ongoing Polkadot parachain auctions to send the price on a trajectory that mirrors Kusama’s 2020 breakout. Go to Source Powered by WPeMatico
Making the e-CNY more privacy-orientated aside, the PBoC already has ambitions to bring the CBDC onto the world stage. Go to Source Powered by WPeMatico