What the ‘anti-mining bill’ means for the crypto industry in Texas
The Lone Star State has become one of the hottest points on the U.S. map in terms of crypto regulation.
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Mining difficulty passes 50 trillion — 5 things to know in Bitcoin this week
Bitcoin fundamentals are blasting ahead as May comes to an end, while traders remain torn over BTC price strength.
Neuralink gets FDA approval for ‘in-human’ trials of its brain-computer interface
The Neuralink device is designed to be surgically implanted and, according to CEO Elon Musk, will eventually be marketed to the general public.
Sink or swim at $27K? 5 things to know in Bitcoin this week
Bitcoin bulls and bears battle for control of a key area on the BTC chart, with network fundamentals due new all-time highs.
Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says
Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are already using digital…
Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years
Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues…
Marathon Digital announces immersion crypto mining operations in Abu Dhabi
The mining firm expects the two facilities to be online by 2024 and produce a combined hash rate of roughly 7 EH/s.
Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8
Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets.
Russia May Take Up 18% of Bitcoin Hashrate in Next Big Migration of Crypto Miners, Experts Say
Increasing regulatory pressures, tax burden and energy costs in countries like the U.S. and Kazakhstan are likely to result in a new great migration of crypto miners, Russian analysts believe.…
Kazakhstan collected $7M in crypto mining taxes in 2022
Crypto miners paid millions of dollars in energy fees last year following the regulation of the fiscal burden of mining activities.
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