Crypto exchange Binance launches new regional hub in Georgia
Currently employing 25 people in Georgia, Binance aims to create “dozens more jobs” with the launch of its regional hub by the end of 2023.
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Daily Raids on Crypto Farms as Abkhazia Intensifies Mining Crackdown
Authorities in Abkhazia are stepping up efforts to clamp down on cryptocurrency mining amid electricity shortages in the winter months. The government of the breakaway Georgian region announced it’s also…
Binance to Support Georgia’s Crypto Industry Through Blockchain Education
Digital asset exchange Binance has agreed to help Georgia to develop its cryptocurrency sector by launching educational and other blockchain initiatives. The leading coin trading platform has been expanding its…
Georgia Prepares to Launch Digital Lari Pilot in First Half of 2023
The central bank of Georgia intends to publish a document detailing the concept of a national digital currency in the coming months. Other participating parties will use it to finalize…
Bitcoin Miner Cleanspark Completes Sandersville Facility Acquisition, Firm’s Hashrate Now 4.7 Exahash
On October 11, the publicly-listed bitcoin miner Cleanspark announced that it has completed the acquisition of Mawson Infrastructure Group’s Georgia-based bitcoin mining facility. Following the acquisition, Cleanspark says it now…
Bitcoin Mining Expansion Heats Up: Crypto Miner Secures Underground Bunker, Cleanspark Snags Turnkey Mining Site
Bitcoin mining operations continue to truck on through the crypto winter as a number of miners have revealed expansion plans during the last week. Following the acquisition of 10,000 ASIC…
Study Identifies the Top 10 States in America Most Interested in Bitcoin, Ethereum
On September 2, the crypto market aggregation web portal Coingecko.com published a study that identifies the top ten states in America that are most interested in the two leading digital…
Georgia to Update Crypto Regulations to Incorporate EU Rules, Legalize Industry
The government of Georgia has approved amendments to the legal framework for the Caucasian nation’s financial sector, including additional regulations for crypto and fintech activities. The move aims to align…
Georgia aims to adopt European crypto standards for Anti-Money Laundering
One of the most crypto-friendly countries in the world wants to synchronize its crypto regulations with associated rules in the European Union.
Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of Capacity
On Tuesday, the bitcoin mining company Cleanspark announced it acquired a plug-in-ready bitcoin mining facility that is scalable to 86 megawatts (MW) of capacity. Presently, the newly opened site in…