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State-backed Crypto Mining Farm under Construction in Russia’s Buryatia


A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is already underway, carried out by a subsidiary of Russia’s largest mining operator, Bitriver. Bitriver...

Italy and Albania Bust €15 Million Crypto Investment Scam


Authorities in Italy and Albania have hit a fraud scheme enticing victims with promises of low-risk investments in cryptocurrencies. During an operation coordinated by Eurojust, investigators from the two countries searched a dozen locations and seized assets and computer equipment. Fraudsters...

Shifting Crypto's Center of Gravity


Rediscovering the joy of creation and the passion for using crypto to solve society’s problems is the antidote to the calamitous past year

Italy Wants to Tax Crypto Gains at 26% From 2023


The new government of Italy plans to impose a 26% tax on capital gains from crypto trading, according to the draft budget for next year. The center-right coalition in power is also preparing to oblige Italians to declare their digital assets and pay 14% on their holdings. Government in Italy...

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