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Coinone Announced New Regulations for the Withdrawal of Crypto


In order to provide safe and secure cryptocurrency deposit services to investors, Coinone has announced that it will stop allowing withdrawal of money to unverified cryptocurrency wallets. The cryptocurrency exchange based in South Korea has also revealed that customers will not be able to withdraw...

Iran Allows Renewable Power Plants to Supply Crypto Miners With Electricity


Authorities in Iran have decided to permit power generation plants using renewable sources to sell electricity to licensed cryptocurrency miners. The move comes after the government asked mining companies to suspend activities in order to avoid winter blackouts. Crypto Miners in Iran to Mint...

Polkadot, Terra, ‘Most Promising’ for 2022, Pantera’s Morehead Says


  Smart contract protocol Polkadot’s DOT token and payments protocol Terra’s LUNA are the “most promising” tokens as we enter 2022, according to crypto investment fund Pantera Capital CEO & founder Dan Morehead. Speaking in an interview on CNBC this week, Morehead said that he is a strong...

Over 20,000 Bitcoin ATMs Installed in a Year


The number of cryptocurrency ATMs around the world has grown exponentially in 2021, with over 20,000 new installations made since last December. That’s more than the total of all crypto teller machines put into operation in the previous seven years. Close to 34,000 Crypto ATMs Available...

South Korea to Tax Crypto Gifts, Inheritances, Plans Crackdown on Manipulators


  The South Korean tax body has announced plans to start taxing crypto gifts and inherited tokens – although taxes will need to be paid in fiat using complicated-sounding methods. And Seoul has also announced that it will intensify its crackdown on crypto market manipulation.... Read More: South...

Power Deficit Forces Crypto Miners to Leave Kazakhstan


Electricity shortages have been dogging Kazakhstan’s booming crypto mining industry this year. A media report reveals that some miners, including some of those that moved in amid China’s crackdown on the sector, are now looking to relocate to destinations with a more stable energy...

Coinone Sends KYC Warning to Users of Centralized Crypto Exchanges


  One of South Korea’s biggest crypto exchanges – Coinone – has told its customers that they will no longer be able to make withdrawals to “unregistered” wallet addresses as of next month. Observers both in South Korea and overseas say that similar measures may become commonplace for major trading...

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