Paraguay moves a step closer to regulating digital currency
A bill that seeks to regulate the local cryptocurrency industry has passed the the Senate of Paraguay.
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Hive Blockchain on track to mine more Bitcoin, less Ether this quarter
The Canadian mining firm expected its Ether production to decrease by more than 20% quarter over quarter, while its Bitcoin mining would rise a modest 2%.
China’s Xinhua News Agency to Issue NFTs Despite Crackdown on Crypto
Xinhua, the official news agency of China, is going to issue an NFT collection with photographs depicting historic moments of the passing year. The initiative, which comes amid an ongoing…
Stronghold Digital Mining Buys 9,090 Bitcoin Mining Rigs
Stronghold Digital Mining purchased over 9000 BTC mining rigs, which will allow it to add roughly 826 petahashes per second (PH/s) to its power generation facilities. The Pennsylvania-based company bought…
Cryptocurrency Bill Advances to Chamber of Deputies in Paraguay
A cryptocurrency bill introduced in July to the Senate of Paraguay has been approved. The text, which defines several important concepts including virtual assets, and establishes the need for licenses…
Bank of Russia Has Tools to Restrict Crypto Investments, Governor Hints
The Central Bank of Russia has reaffirmed its opposition to cryptocurrency investments citing the volatility of the digital assets as a key motive for its conservative stance. Governor Elvira Nabiullina…
Demand for Mining Hardware Spikes in Russia, Prices Rise
The market for crypto mining equipment in Russia has seen strong interest from buyers of both new and used devices, retail data indicates. This year, demand for application-specific integrated circuit…
China Censors Crypto-Themed Short Videos Shared Online
An industry organization controlled by the Chinese government has updated a list of topics users of video-sharing apps should avoid. Crypto-related content is now among the entries along with traditional…
Russia to Decide Between Full Ban and Legalization of Crypto Investments, Trade
Authorities in Russia are discussing two very different approaches to the regulation of cryptocurrencies and related activities. While the Bank of Russia is reportedly seeking to introduce a ban on…
Canaan Secures Order for 30,000 Bitcoin Mining Rigs From Genesis Digital Assets
The application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer Canaan has announced the company has secured a follow-on contract from Genesis Digital Assets for 30,000 mining machines. The sale is…
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