Auto Added by WPeMatico

Witnesses address energy impacts of crypto mining during House hearing

“If policymakers take a cautious approach and foster a pro-innovation environment, the rewards for consumers, investors and all Americans are likely to be great," said Jordan Ramis shareholder Gregory Zerzan.

Continue ReadingWitnesses address energy impacts of crypto mining during House hearing

Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions

The leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indicated…

Continue ReadingMain Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions

Regulator Reiterates Call for EU Ban on Proof-of-Work Mining

The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed…

Continue ReadingRegulator Reiterates Call for EU Ban on Proof-of-Work Mining

Gold Miner Says Investors Prefer Hedging Against Inflation With Gold, Not Crypto

The CEO of a Canada-headquartered gold mining company, Mark Bristow, has insisted that gold currently has little downside risk. He also highlighted the precious nature of the metal and how…

Continue ReadingGold Miner Says Investors Prefer Hedging Against Inflation With Gold, Not Crypto

Financial Market Committee Chair Aksakov Joins Calls for Identification of Russian Crypto Owners

Anatoly Aksakov, head of the Financial Market Committee at the Russian parliament, has reiterated a warning for cryptocurrency investors and insisted that Russians owning coins should declare their digital assets.…

Continue ReadingFinancial Market Committee Chair Aksakov Joins Calls for Identification of Russian Crypto Owners

Crypto Miner Convicted in Russia for Allegedly Stealing Power to Mint Digital Coins

A regional court has sentenced a man accused of illegally connecting his crypto farm to the grid to two years in prison. The decision comes as authorities in Moscow prepare…

Continue ReadingCrypto Miner Convicted in Russia for Allegedly Stealing Power to Mint Digital Coins

Russia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition

The Russian neobank Tinkoff is joining the world of cryptocurrencies with the purchase of a stake in Aximetria, a Swiss-registered and licensed company which provides clients around the world with…

Continue ReadingRussia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition