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Russia Considers Selling Power to Kazakhstan Amid Deficit Caused by Crypto Miners

State-owned Russian energy giant Inter RAO is now discussing electricity supplies for Kazakhstan where crypto miners have allegedly caused a spike in consumption this year. The country is expecting the…

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Kazakhstan Expects $1.5 Billion From Crypto Mining in 5 Years, Estimates Suggest

Crypto miners now bring more than $230 million into the economy of Kazakhstan each year and estimates show the figure could increase significantly in the future. The industry’s leading organization…

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Travala’s 2021 Q3 Report Shows Crypto Adoption ‘Offset the Negative Impact of the Pandemic’

The crypto-friendly travel company Travala published its third-quarter 2021 report showing the firm has grown significantly alongside the growth of crypto adoption. In fact, cryptocurrency adoption has “more than offset…

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Islamic Organization in Indonesia Issues Fatwa Against Cryptocurrency

A provincial branch of one the largest Islamic organizations in Indonesia has declared cryptocurrency “haram,” or forbidden under religious law. The decision came after a “heated discussion” joined by a…

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Slovenia Launches Public Consultations on Crypto Taxation Law

Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying the matter, has been submitted…

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Bitcoin ATMs Double This Year, Exceed 30,000 Globally

Locations providing crypto ATM services have increased exponentially this year, according to data compiled by a major tracking site. Bitcoin ATMs have doubled in number since January and close to…

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Ukraine Security Service Busts Criminal Group Selling Bitcoin-Stealing Malware 

Law enforcement authorities in Ukraine have exposed a crime ring specializing in cryptocurrency theft and laundering of illicit funds for hackers. The gang, which provided services to clients on the…

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Localbitcoins P2P Exchange Launches Mobile App for Android

Peer-to-peer cryptocurrency marketplace Localbitcoins has announced the launch of a new mobile application for its global user base. The software is designed for devices running on Android. The app has…

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