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Hydropower Stations Up for Sale Amid China’s Crackdown on Crypto Mining


Small hydropower plants have been put up for sale in China as demand for their cheap energy decreases following the government’s crackdown on crypto miners. Just as with mining rigs, their prices have been going down, leaving owners with limited options to recoup their investments. Ads...

Korean Crypto Exchanges Consider Suing Government Over Banking Requirements


All cryptocurrency exchanges in South Korea except the largest four may be unable to meet the bank account requirements needed to stay in business. A number of Korean crypto exchanges are considering suing the government and financial authorities, claiming that the country’s crypto law...

Iran Counts 30 Crypto Mining Farms Licensed to Mint Digital Currencies


Iranian authorities have so far authorized 30 facilities for cryptocurrency mining. The crypto mining farms are spread across several regions, including Tehran Province. The government has put out the data amid a crackdown on illegal miners in the country. A Third of Authorized Mining Farms...

Government, Police to Inspect all 60 of South Korea’s Crypto Exchanges


The South Korean financial regulator is to radically step up its monitoring of the crypto industry – with an announcement that it is set to conduct inspections at all 60 of the nation’s crypto exchanges in conjunction with the police and independent IT inspectors. After being accused of dragging...

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