Kazakhstan Shuts Down Over 100 Crypto Mining Farms
More than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector. Authorities have revealed that some of the facilities are linked…
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European Parliament to Cancel Vote on Crypto Assets Framework
The European Parliament will not hold a planned vote on crypto regulations after texts that can be interpreted as an attempt to ban coins with energy-intensive mining sparked negative reactions.…
No Crypto Loans and Fewer Trading Options – Russian Finance Ministry Clarifies Regulatory Plan
Russian authorities are not going to allow cryptocurrency lending, the finance ministry has announced, clarifying its proposals for crypto market regulation. The treasury department also revealed that not all cryptocurrencies…
Belarus Moves to Allow Investment Funds to Acquire Crypto Assets
The crypto-friendly nation of Belarus is preparing to permit investment funds to put money into digital currencies. A proposal to do so is part of a package of necessary legal…
Belarus to Remain Crypto-Friendly as Ally Russia Mulls Blanket Ban
Authorities in Belarus have no intentions to adopt stricter rules for the country’s crypto space. That’s despite neighboring Russia, a close partner in many areas, considering a blanket ban on…
Top Meme Coins by Market Capitalization Shed Billions, DOGE Down 80% Since All-Time High
As digital asset markets have shed significant value during the last two weeks, the top meme coins by market capitalization have dropped considerably against the U.S. dollar. The top meme…
Over 20,000 Bitcoin ATMs Installed in a Year
The number of cryptocurrency ATMs around the world has grown exponentially in 2021, with over 20,000 new installations made since last December. That’s more than the total of all crypto…
Bank of Russia to Collect Data on Crypto-Related Transactions Between Individuals
The Central Bank of Russia (CBR) plans to obtain information from commercial banks pertaining to some money transfers between private individuals, including clients trading cryptocurrency. The measure is likely to…
Serbia Reviews License Applications From 3 Cryptocurrency Exchanges
Three crypto exchanges have applied for licensing in Serbia, which recently adopted legislation regulating its digital asset space. The government in Belgrade expects the companies to obtain authorization within weeks…
Pakistanis Own $20 Billion in Crypto, Report Reveals
In the absence of regulations, people in Pakistan have invested a serious amount of money in digital assets. New research claims Pakistanis keep some $20 billion in cryptocurrency, allegedly more…