Laos Authorizes Cryptocurrency Mining and Trading Activities
Laos has authorized a series of cryptocurrency mining and trading projects in the country, looking for another source of income to supplement the losses caused by the drop in tourism…
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China’s Hebei Province Begins Crackdown on Crypto Mining and Trading, Reports Reveal
Authorities in the Chinese province of Hebei have reportedly launched a campaign against cryptocurrency mining and trading. According to a quoted announcement by the region’s cyberspace administration, a number of…
Ethereum’s Hashrate Hits New Highs as Miners Resume Operations Outside China
Ethereum’s hashrate has recently reached a new all-time high (ATH) as miners have resumed operations despite the hostile approach undertaken by Chinese authorities earlier this year. China Clampdown Disrupts Ethereum’s…
Mining Is Not Banned in Ukraine and Does Not Require Licensing, Key Crypto Advisor Says
The regulatory status of cryptocurrency mining remains somewhat undetermined in Ukraine, even after the recent adoption of the law “On Virtual Assets.” However, albeit unregulated, the minting of digital coins…
Crypto Mining Should Be Registered and Taxed in Russia, Financial Market Committee Chair Says
Cryptocurrency mining should be registered as entrepreneurial activity and taxed as such, according to Anatoly Aksakov, chairman of Russia’s parliamentary Financial Market Committee. The lawmaker also thinks Russian digital currency…
Iran Shuts Down More Illegal Crypto Farms, Bringing Total to Over 5,300
Authorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity demand remains high. The country’s power utility company has so far closed down more than 5,300 illegal…
New York IT Supervisor Faces up to 15 Years in Jail for Mining Bitcoin in the Office
A New York IT supervisor is facing a possible sentence of up to 15 years in jail for mining bitcoin in the office. The man, identified as Christopher Naples, allegedly…
Crypto Trading, Mining Are Illegal and Punishable, Nepal Central Bank Warns
Mining and trading of cryptocurrencies are illegal in Nepal, the country’s central bank has reminded citizens of the Himalayan nation. The regulator also warned that participating in such activities would…
Government employee accused of mining crypto at public’s expense
The New York county clerk office employee allegedly used over 40 devices to mine crypto unlawfully.