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Canadian Bitcoin Mine Operator Facing $7 Million Fine for Setting Up Power Plants Without Permission
4.10.2021
Link Global, a bitcoin mine operator in Canada, is facing a fine of up to $7 million for installing power plants to run its miners without government permission. The company installed several power plants without following legal procedures and alleges that, if the penalty is enforced, it will...
Salvadoran President Nayib Bukele Says Citizens Paying for Gas With the Chivo Wallet Will Get a Discount
3.10.2021
The Salvadoran president, Nayib Bukele revealed on Friday that Chivo wallet users will be able to get a discount on petroleum fill-ups at the largest gas stations in the country. Chivo wallet users paying for fuel will save $0.20 per gallon using the government’s crypto wallet. Salvadoran...
US Lawmakers Urge Fed Chair Jerome Powell to Support Crypto Innovation
3.10.2021
Several U.S. lawmakers have called on Federal Reserve Chairman Jerome Powell to support cryptocurrency innovation. “The Federal Reserve must work to support domestic innovation … Our government should never be in the business of thwarting innovation.” Members of Congress Urge...
Kyrgyzstan Raises Electricity Rates for Cryptocurrency Miners
3.10.2021
The government of Kyrgyzstan has recently revised its electricity tariffs for various groups of consumers. Authorities in Bishkek have raised the rates at which crypto mining businesses buy power citing the energy-intensive nature of the coin minting process. Crypto Miners in Kyrgyzstan to Pay More...
IMF recommends CBDC and global crypto standards for financial stability
3.10.2021
The fresh policies recommended by the IMF aim to curb down the financial risks associated with global crypto adoption
Crypto Miners Blamed for Power Supply Deficit in Kazakhstan, Government Mulls Restrictions
3.10.2021
Kazakhstan is facing electricity shortages and cryptocurrency mining has been singled out as the main culprit. Amid an ongoing crackdown in China, the Central Asian nation has become a magnet for crypto miners who are taking advantage of its low electricity rates. Republic of Kazakhstan Sees...
Actions speak: China’s crypto ban may reveal digital yuan CBDC goals
2.10.2021
China’s ban on cryptocurrencies causes a mild slump, but recovering from this FUD is not new for crypto as China’s motives come under the scanner
Uzbekistan Warns Citizens to Avoid Unlicensed Cryptocurrency Exchanges
2.10.2021
A government agency in Uzbekistan has published a list of unauthorized crypto exchanges that residents of the country have been advised to avoid. The trading platforms collect personal data and bear no responsibility for the cryptocurrency transactions, officials have warned. Authorities...
Switzerland national postal service to debut crypto stamp
30.9.2021
The Swiss crypto stamp is a digital collectible linked to a traditional physical stamp issued by the Swiss Post
CoinEx crypto exchange to remove all mainland China users in October
30.9.2021
CoinEx previously blocked access and terminated the registration of new users from mainland China in March 2019
Germany’s 2021 election: What do parties think of crypto and blockchain?
30.9.2021
Cointelegraph looked into the six major German political parties and found out what to expect from the new government in terms of its crypto regulation
El Salvador president teases geothermal Bitcoin mining farm
29.9.2021
El Salvador’s president showed the supposed first steps of a geothermal Bitcoin mining facility
Central Bank of Ukraine Seeks to Hire Blockchain Developer
29.9.2021
National Bank of Ukraine is hiring a blockchain expert who will likely support its digital currency project. The vacancy has been announced as the financial institution prepares to pilot e-hryvnia salary payments for government workers as early as this year. NBU Posts Blockchain Developer Ad...
US Debt Ceiling Rattles Markets As Crypto Community Discusses Political 'Theater'
29.9.2021
a theater.”Speaking to the members of the Senate Banking Committee, US Treasury Secretary Janet Yellen warned on Tuesday that the US federal government could run out of money by October 18 unless Congress acts quickly to raise the debt ceiling. “It would be disastrous for the Amer
Alibaba Suspends Sale of Cryptocurrency Mining Hardware on Its Platform
29.9.2021
Alibaba, the Chinese e-commerce giant, has announced it will no longer allow the sale of cryptocurrency mining gear on its platform. The sales behemoth made this announcement yesterday via its official website. The move is a direct consequence of the latest ban the Chinese government has applied...
CFTC commissioner Dan Berkovitz will become SEC general counsel
28.9.2021
The commissioner has said the CFTC’s enforcement actions in the crypto space have been “aggressive," and hinted that decentralized finance platforms were likely illegal under the Commodity Exchange Act
Now There Are Three U.S. Government Groups Suing Activision Blizzard
28.9.2021
Another federal agency, U.S. Equal Employment Opportunity Commission (EEOC), is now suing Call of Duty and World of Warcraft publisher Activision Blizzard. Read more
‘Who Holds All the Bitcoin’ List Debunked — Without Cryptographic Proof No BTC Ownership Claim Holds Water
27.9.2021
A web portal that displays a list of alleged owners of all the bitcoin in the world has been shared a great deal since China cracked down on crypto trading last week. The web portal claims that the Chinese government owns 194,775 bitcoin that reportedly stem from the Plustoken crypto scam....
Major Crypto Exchanges Cut Ties With Chinese Users After China’s Latest Crackdown on Cryptocurrency
27.9.2021
Major cryptocurrency exchanges are cutting ties with users in China following the latest crypto crackdown announcement by the Chinese government. Huobi has stopped letting new users in China sign up for its services while Binance has blocked account registrations using Chinese mobile phone numbers....
US Government Seizes Trezor Wallet With $6.3 Million in Bitcoin From Gift Card Fraud Case
27.9.2021
On September 22, 2021, a U.S. district judge from San Antonio, Texas, granted a summary judgment on the civil forfeiture of 147 bitcoin worth $6.3 million held on a Trezor hardware wallet. According to the court filing, the crypto assets stemmed from a Target gift card fraud incident that started...