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Draft Law Seeks to Oblige Kazakhstan’s Crypto Miners to Exchange Bulk of Income in Country
13.10.2022
Cryptocurrency miners in Kazakhstan are to be required to convert up to three quarters of their income on locally registered exchanges, according to a new bill that’s advancing in the nation’s legislature. Lawmakers also want to make sure crypto companies pay their taxes and fees. Parliament...
Paraguay President Squashes Bitcoin & Crypto Mining Bill with ‘Total Veto’
31.8.2022
Paraguayan President Mario Abdo Benítez has spectacularly scuppered a much-vaunted bill that would have legalized and regulated Bitcoin (BTC) and crypto mining in the Latin American country....
Read More: Paraguay President Squashes Bitcoin & Crypto Mining Bill with ‘Total Veto’
Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests
28.5.2022
The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry ministry believes it’s time to bring the sector out of the shadows and regulate it. Crypto Miners Burn More...
Russia's updated crypto mining bill cuts tax amnesty for Bitcoin miners
24.5.2022
Legislators in the lower house of Russia's parliament also dropped the notion of a special register for mining operators
Russian Finance Ministry Amends Bill ‘On Digital Currency,’ Adds Crypto Mining Provisions
10.4.2022
The Ministry of Finance of the Russian Federation has revised a draft law designed to regulate the country’s crypto space, introducing provisions for cryptocurrency mining. The bill has been resubmitted to the government and may be adopted during the parliament’s spring session....
Paraguay: Bitcoin & Crypto Mining Bill Passes Senate, Heading to Lower House
20.12.2021
Crypto advocates have secured a remarkable victory in Paraguay, with a piece of crypto mining legislation – a private member’s bill – passing a vote in the Senate with a resounding majority....
Read More: Paraguay: Bitcoin & Crypto Mining Bill Passes Senate, Heading to Lower House
Climate Change Targets Bitcoin Mining: NY Lawmaker Proposes 3-Year Moratorium on Mining Operations in the State
5.5.2021
U.S. bureaucrats, particularly Democrats, are concerned about climate change and have introduced lots of legislation in order to address these concerns. Now a lawmaker from New York wants to establish a moratorium for bitcoin mining facilities located in the state, which means cryptocurrency miners...
Bitcoin Energy Consumption Is Far More Efficient and Greener Than Today’s Banking System
20.1.2021
While bitcoin and a variety of digital currencies have swelled in value, a number of critics have spread fear, uncertainty, and doubt (FUD) in regard to the energy consumption proof-of-work (PoW) cryptocurrencies leverage to produce new units of currency. Just recently the software engineer Stephen...
Ex-CIA agent drags Microsoft's crypto patent into right-wing conspiracy
10.9.2020
Cryptocurrency mining technology, Marina Abramovic and Bill Gates provide new fodder for far-right conspiratorial politics