Auto Added by WPeMatico

Venezuelan Authorities Seize More Than 100 Miners From Clandestine Bitcoin Mining Operation

Venezuelan authorities seized over a hundred mining machines in a residential area of a central state. According to reports, the mining farm was operating illegally without permits that the national…

Continue ReadingVenezuelan Authorities Seize More Than 100 Miners From Clandestine Bitcoin Mining Operation

Up to 12 Million Iranians Own Cryptocurrency, Traders Choose Local Exchanges

Cryptocurrencies are a popular investment among Iranians and estimates suggest that the number of those who already own one coin or another may be as high as 12 million. The…

Continue ReadingUp to 12 Million Iranians Own Cryptocurrency, Traders Choose Local Exchanges

Federal Security Service of Russia Seeks Powers to Obtain Information From Crypto Platforms

The Federal Security Service of the Russian Federation has issued a draft order allowing its agents to request information from cryptocurrency platforms among other organizations. The move follows changes made…

Continue ReadingFederal Security Service of Russia Seeks Powers to Obtain Information From Crypto Platforms

Digital Transformation Committee Recommends Amended Ukrainian Crypto Law for Adoption

The law “On Virtual Assets,” Ukraine’s attempt to regulate its growing crypto space, has been revised again and recommended for final adoption. A key parliamentary committee has given its support…

Continue ReadingDigital Transformation Committee Recommends Amended Ukrainian Crypto Law for Adoption

Russia’s Constitutional Court Expects to Face Crypto-Related Cases

The Constitutional Court of the Russian Federation is going to have to deal more and more often with cases involving new kinds of individual rights, its head has recently admitted.…

Continue ReadingRussia’s Constitutional Court Expects to Face Crypto-Related Cases

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…

Continue ReadingRussia Considers Selling Power to Kazakhstan Amid Deficit Caused by Crypto Miners

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…

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

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…

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