The Bitcoin Network Continues to Strengthen as Hash Rate Doubles Since June

China’s crackdown on bitcoin mining operations undoubtedly caused several disruptions on the BTC network as miners were forced to shut down machines and move out of the region to continue…

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Travel Rule Implementation Still Far Off Due to Tech Limitations, Australian Regulator Reports

The Australian Department of Home Affairs stated that the country lacked the technical capabilities to implement a system that complies with the travel rule proposed for cryptocurrencies. The Department concluded…

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Mining Hardware Thief Gets 3-Year Sentence in Russia

Russian authorities have investigated a number of cases involving the theft of crypto mining equipment in the past months. A resident of Yaroslavl has just been found guilty of stealing…

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IMF: Bitcoin Is Privately Issued Crypto With Substantial Risks, Inadvisable as Legal Tender

The International Monetary Fund (IMF) says that crypto assets, like bitcoin, are privately issued with substantial risks, and “Making them equivalent to a national currency is an inadvisable shortcut.” The…

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