News with the tag "Crypto Mining Ban"

Recent reports revealed that Russian companies have begun using Bitcoin and other digital assets in international trade to bypass sanctions. The country’s Finance Minister also shared the government’s plan to expand its crypto use as an alternative for international payment. Russian Companies Use Bi...

Russia recently enacted a ban on crypto mining operations in 10 regions until 2031, citing high energy consumption issues as the cause. Deputy Prime Minister Alexander Novak stated that this list might expand. Russia Issues Crypto Mining Restrictions in 10 Regions The future of cryptocurrency mining...

According to local reports, the Russian government will ban crypto mining activities in ten key regions following the recent enactment of the new industry-related laws. It will also implement seasonal bans on other territories and potentially add more areas to the list amid the ongoing electrical cr...

Professor Wang Yang, vice president for institutional advancement and chair professor at the Department of Mathematics at the Hong Kong University of Science and Technology (HKUST), criticized China’s cryptocurrency mining ban during a panel discussion in Hong Kong last week. He called the decision ...

Those caught mining crypto on farms face fines of up to 10,000 dirhams, or about $2,722.

Paraguay lawmakers have proposed a bill to temporary ban crypto mining and related activities in the South American nation. The ban would last 180 days or until new laws are The post Paraguay Proposed Temporary Crypto Mining Ban As Illegal ‘Farms’ Cripple Grid appeared first on BitcoinWorld .

The bill’s sponsor Greg Vitali included a clause that instead subjects miners to ongoing reporting requirements to get the bill past a House Committee.

The bill’s sponsor Greg Vitali included a clause that instead subjects miners to ongoing reporting requirements to get the bill past a House Committee.