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China’s Hainan Province Ramps Up Crackdown on Crypto Mining Operations

The province of Hainan in South China has taken steps aimed at curbing crypto mining activities. Besides blacklisting the industry, local authorities are also introducing higher electricity rates for the…

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Swedish Regulators Call for EU Ban on Crypto Mining, Power Company Defends Industry

Alarmed by the rising energy needs of cryptocurrency mining, Sweden’s financial and environmental regulators have recently proposed an EU-wide ban on proof-of-work coin minting. The Swedish officials believe this would…

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