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Lawmakers in Kazakhstan Propose Registration for Crypto Farms, Higher Electricity Rate for Miners

Members of the parliament in Kazakhstan have proposed the establishment of a state register for cryptocurrency farms operating in the country. Alarmed by the growing consumption of energy in the…

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Local Experts Say Zimbabwe Not Softening Its Stance on Cryptocurrency Just Yet

Zimbabwean crypto and economic experts have suggested Finance Minister Mthuli Ncube’s positive comments about cryptocurrencies do not necessarily mean monetary authorities are about to remove restrictions that were imposed in…

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Ukraine President Zelensky Returns Law ‘On Virtual Assets’ to Parliament

The Ukrainian president has sent the recently adopted law “On Virtual Assets” back to the Verkhovna Rada, the country’s legislature. The head of state has come up with his own…

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IMF Head Says Central Bank Digital Currencies Are Reliable, Hard to Think of Bitcoin as Money

Digital currencies backed by central banks are the most reliable form of digital money, according to IMF managing director Kristalina Georgieva. At the same time, to think of cryptocurrencies such…

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No outages, no data leaks: The new WhatsApp killer built on the blockchain creates privacy-focused encrypted messenger

Messenger and WhatsApp are known for aggregating user data and selling it for profit to advertisers. This company brings an encrypted messenger to protect the data.

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Bitcoin Will Become Currency in Brazil Soon, According to Federal Deputy Aureo Ribeiro

Aureo Ribeiro, a federal deputy in Brazil, stated that bitcoin might become a recognized currency in Brazil soon, during an interview with local media. The politician stated that Brazilians may…

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Tanzania Central Bank Heeding Call to Prepare for Crypto, Economists Express Reservations

While the Bank of Tanzania (BOT) executives continue to reiterate the central bank’s willingness to heed the government’s call to prepare for cryptocurrencies, some economists insist Tanzania lacks the resources…

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Canadian Bitcoin Mine Operator Facing $7 Million Fine for Setting Up Power Plants Without Permission

Link Global, a bitcoin mine operator in Canada, is facing a fine of up to $7 million for installing power plants to run its miners without government permission. The company…

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Venezuela Slashes Six Zeroes off Its Currency, Bolivar Keeps Losing Ground Against the Dollar

The Central Bank Of Venezuela applied the announced redenomination plan for the national fiat currency, the bolivar on October 1. This redenomination implied slashing six zeroes from the currency, to…

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