Kazakhstan Expects $1.5 Billion From Crypto Mining in 5 Years, Estimates Suggest

Kazakhstan Expects $1.5 Billion From Crypto Mining in 5 Years, Estimates SuggestCrypto miners now bring more than $230 million into the economy of Kazakhstan each year and estimates show the figure could increase significantly in the future. The industry’s leading organization has projected that the government can collect more than $300 million in taxes over the next five years. Kazakhstan Makes Millions From Cryptocurrency Miners Kazakhstan’s […]

Go to Source

Powered by WPeMatico

Islamic Organization in Indonesia Issues Fatwa Against Cryptocurrency

Islamic Organization in Indonesia Issues Fatwa Against CryptocurrencyA provincial branch of one the largest Islamic organizations in Indonesia has declared cryptocurrency “haram,” or forbidden under religious law. The decision came after a “heated discussion” joined by a crypto expert who was invited to explain in detail the practice of using digital coins. Cryptocurrency Deemed ‘Haram’ in Indonesia The local branch of the […]

Go to Source

Powered by WPeMatico

Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector

Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate SectorThe main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed institutions to legally define the status of digital financial technologies. Regulators Accused of Failure to Take Russian Crypto Market Out of Shadow Russian […]

Go to Source

Powered by WPeMatico

Central Bank of Iran Should Regulate Cryptocurrencies, Securities Watchdog Says

Central Bank of Iran Should Regulate Cryptocurrencies, Securities Watchdog SaysWith bitcoin mining being a regulated activity in Iran, the head of the country’s securities and exchange regulator believes the central bank has to turn its attention to cryptocurrencies. The regulator is ready to consider accommodating crypto trade when digital assets are regulated. Capital Market Regulator to Look Into Crypto Trading if Central Bank Regulates […]

Go to Source

Powered by WPeMatico

Cryptocurrency Swap Not Banned in Iran, President’s Legal Team Says

Cryptocurrency Swap Not Banned in Iran, President’s Legal Team SaysCurrent regulations do not prohibit the swapping of digital currencies, according to the Iranian Vice Presidency for Legal Affairs. The department has stated its position in correspondence with an ICT industry association which wanted to know what rules apply to cryptocurrency exchange, local media reported. Converting a Cryptocurrency Into Another Is Not Against Iranian Law […]

Go to Source

Powered by WPeMatico

Russian Crypto Industry Scrambles to Attract Miners as Kazakhstan Overtakes Russia in Mining Volume

Russian Crypto Industry Scrambles to Attract Miners as Kazakhstan Overtakes Russia by Mining VolumeAn industry association representing the Russian crypto sector has launched a project to entice bitcoin miners. Despite its abundant sources of cheap energy, Russia is now lagging behind Kazakhstan, another Eurasian Economic Union member, in terms of cryptocurrency production. Russian Project Aims to Expand Country’s Crypto Mining Capacity The Russian Association of Crypto Industry and […]

Go to Source

Powered by WPeMatico

Tehran Government Bans Iran Blockchain Association

The Ministry of Interior of the Islamic Republic has suspended the Iran Blockchain Association (IBA). The measure comes after the organization allegedly breached government regulations. IBA unites participants in the country’s growing crypto sector who are engaged in blockchain technology development. Iranian Authorities to Review IBA Dealings With Crypto Exchanges The Iranian government has moved […]

Go to Source

Powered by WPeMatico

Venezuela Files Complaint With WTO Regarding US Sanctions Targeting Petro

On Jan. 8, the World Trade Organization (WTO) published a dispute settlement request that was filed by the Bolivarian Republic of Venezuela with regards to executive orders and sanctions maintained by the United States that target Venezuela and the nation’s cryptocurrency, the petro. The document was filed with the WTO on Dec. 28. Also Read: Malaysia […]

The post Venezuela Files Complaint With WTO Regarding US Sanctions Targeting Petro appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bisq DEX Launches DAO on Testnet as Developers Seek to Decentralize Governance

Bisq DEX Launches DAO on Testnet as Developers Seek to Decentralize GovernanceDecentralized cryptocurrency exchange Bisq has upgraded its open source software. The revamped platform includes a new user interface in addition to marking the launch of the Bisq Decentralized Autonomous Organization (DAO) on testnet. Also Read: Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency Policy Bisq Launches Decentralized Autonomous Organization on Testnet The latest version of Bisq’s […]

The post Bisq DEX Launches DAO on Testnet as Developers Seek to Decentralize Governance appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bitcoincash.org Publishes Redesigned Website and Development Roadmap

Bitcoincash.org Publishes Redesigned Website and Development RoadmapBitcoin Cash (BCH) supporters have noticed the Bitcoincash.org website has been redesigned. The web portal hosts a comprehensive list of the network’s infrastructure including nodes, wallets, community services, and exchanges. Alongside the recent upgrade, the landing page leads to the BCH network’s development roadmap which highlights the plan to make bitcoin cash sound money that is […]

The post Bitcoincash.org Publishes Redesigned Website and Development Roadmap appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico