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Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy


Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates. Cryptocurrency Miners in Iran Allowed...

Goldman Sachs, JPMorgan Predict Euro-Area Recession


Global investment banks Goldman Sachs and JPMorgan have predicted an imminent recession in the euro area. “The risks to our forecast are skewed toward a sharper recession in the event of an even more severe disruption of gas flows, a renewed period of sovereign stress or a U.S....

Will Stablecoins Be Tethered to the Fed? Lawmakers Have Circled That Option


Companies issuing stablecoins would have to deal with the Federal Reserve as the chief oversight agency in the current version of a bill being developed in the U.S. House of Representatives, say people familiar with the talks. This change would be novel for the Fed and for the nonbank crypto...

Latvian Artist Threatened With Prison for Money Laundering Through NFTs


An artist from Latvia is under investigation for allegedly selling NFTs, or non-fungible tokens, to launder money, for which he may get up to 12 years in prison. The authorities have blocked his bank accounts and launched an investigation without even notifying him. Artist Who Sold Over 3,500 NFTs...

Metaverse Project Genso Closed Beta Test Date and Details Released


PRESS RELEASE. Metaverse Project Genso is thrilled to announce the details regarding the Closed Beta Test. Details are as follows ■ Closed Beta Test Period: Starts: July 28, 2022 12:00 -(UTC+8) Ends: TBA ■ How to participate in the Closed Beta Test: ・All players who have Closed Alpha / Beta Testing...

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