Binance approved to offer crypto services to Swedish customers
The decision from Sweden’s financial authority followed regulators in France, Bahrain, Spain and Dubai granting similar approvals for Binance in 2022. Go to Source Powered by WPeMatico
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The state of crypto in Northern Europe: Hostile Scandinavia and vibrant Baltics
The Nordics remain a cold place for crypto, but Estonia still leads as the public blockchain adopter. Go to Source Powered by WPeMatico
Crypto users renew calls for Satoshi Nakamoto to win Nobel memorial prize for economics
Major figures in the crypto space argued the Bitcoin creator was the most deserving candidate for the economic award, despite the fact Satoshi’s true identity remains unknown. Go to Source Powered by WPeMatico
Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says
Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it has been taking advantage of for some time, a media report revealed. Crypto Miners … Read more
Swedish Central bankers snipe Bitcoin mining, cite rampant energy use
A report by the Riksbank makes the case for banning Bitcoin mining in Sweden over proof-of-work energy consumption concerns; Bitcoin Twitter was quick to react. Go to Source Powered by WPeMatico
Google Trends Study Shows SHIB Is the Most Popular Crypto in the UK
22 days ago, Bitcoin.com News wrote about a Coin Insider trends study that combed through Google Trends data in the United States. According to the report, dogecoin was the most Googled cryptocurrency in the country. Another study — published by askgamblers.com — has covered similar data, but concentrated on the U.K.’s and Europe’s Google searches. … Read more
Sweden’s central bank completes second phase of e-krona testing
The Swedish CBDC is now technically ready for integration with banks and payment service providers, according to a report from Riksbank. Go to Source Powered by WPeMatico
China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims
Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels, they claim. Bitcoin Mining Allegedly Less Green Since Miners’ Exodus From China Cryptocurrency mining has become a … Read more
Regulator Reiterates Call for EU Ban on Proof-of-Work Mining
The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed at meeting climate change goals such as those set in the Paris Agreement, the regulator says. Bitcoin Mining Now Attacked in EU for Burning Too … Read more
EU securities regulator calls for proof-of-work crypto mining ban
European regulators are concerned about crypto’s risks to climate change goals. Go to Source Powered by WPeMatico