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Decommissioned Power Plant in Armenia to Host Crypto Mining Farms


Armenia is going to invite cryptocurrency miners to install their coin minting hardware in an old thermal power plant. The TPP will be decommissioned and the government intends to rent it out to industrial companies including mining enterprises. Miners Welcome to Set Up Data Centers at Old TPP...

Russia May Allow Crypto Mining and Gold-Backed Stablecoins, Lawmaker Says


Russia can legalize cryptocurrency mining and stablecoins backed by gold under government control, a high-ranking member of the Russian parliament has suggested. The statement comes after Bank of Russia proposed a wide-ranging ban on the use of cryptocurrencies, and their trading and mining. Mining...

El Salvador Buys 410 Bitcoins as BTC Plunges to Lowest Level in Months


El Salvador bought the dip as the price of bitcoin plunged to a record low. President Nayib Bukele said Friday that his country has purchased 410 more bitcoins. The Salvadoran government has bought a total of 1,801 bitcoins since the cryptocurrency was made legal tender in the country. El Salvador...

El Salvador Plans to Offer Crypto Loans to Small-Scale Entrepreneurs


The government of El Salvador will offer cryptocurrency-based loans to small companies. Conamype, the National Commission for Micro and Small Enterprises, will be the link between the investors and a decentralized finance protocol called Acumen, that will be able to provide funding in stablecoins....

Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, Mining


True to its hardline stance on decentralized digital money, the Central Bank of Russia is now pushing for a wide-ranging ban on crypto-related activities such as issuance, exchange, and mining. A consultation paper published by the regulator cites threats to financial stability and citizens’...

Indian Government Needs More Time to Finalize Crypto Bill: Report


Indian government officials reportedly said that India’s cryptocurrency bill will require more time because crypto is a complex subject. The bill is therefore unlikely to be introduced in the upcoming session of parliament. The government reportedly wants to hold more discussions to build...

Final Fantasy VII Porn Interrupts Government Meeting


Italian lawmakers who gathered yesterday for a discussion of data transparency in political decision making got more than they bargained for when someone started playing a CGI video of Final Fantasy VII’s Tifa Lockhart having sex in the middle of the digital proceedings. The hentai went live just...

New Spanish Regulations to Target Crypto Investment Ads


As part of regulations that are set to become effective in mid-February, crypto-asset investment promoters will be required to inform the Spanish securities watchdog of the contents of any ad that targets over 100,000 people. 10-Day Advance Notice Rule The Spanish government has tasked...

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