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Figuring Out How Much Bitcoin Hashrate Resides in Mainland China Still a Mystery
19.6.2021
Over the last few weeks, there have been many reports about crackdowns in China tied to bitcoin mining operations in various provinces. 30-day statistics show the hashrate has been fluctuating wildly, and across the last week it has slid downward roughly 26%. Reports Show Bitcoin Mining Crackdowns...
Pakistan to Set up Two State-Owned Bitcoin Mining Farms to Help Boost Economy
14.1.2021
The government of Khyber Pakhtunkhwa (KP), the third largest of Pakistan’s four semi-autonomous provinces, is setting up two state-backed bitcoin mining farms, local media reported last week. Ziaullah Bangash, advisor to the chief minister of KP on Science and Information Technology, said...
A Pakistani Provincial Government Passes Crypto-Friendly Draft Resolution
4.12.2020
In Pakistan, a provincial government has passed a draft resolution on December 2, 2020, that demands the federal government to take steps towards legalizing both cryptocurrencies and crypto-mining activities. A Crypto-Friendly Draft Resolution Approval Sets a Precedent in Pakistan The Provincial...
One of Pakistan's four provinces urges federal gov't to legalize crypto
4.12.2020
The draft resolution reportedly notes that digital currencies are likely to replace paper currencies in the future
Canadian Regulated Cryptocurrency Exchange Wealthsimple Begins Trading
23.9.2020
Following the regulatory sandbox approval by Canadian regulators, Wealthsimple announced that it has launched “Canada’s first regulated crypto platform.” The new crypto exchange is regulated by the federal government as well as regulators in 13 provinces and territories in Canada....
China Expands Digital Yuan Trials to Beijing and Neighboring Provinces
14.8.2020
While there is not yet a set time for the expanded pilot program to begin, a policy framework should be complete by the end of 2020
Argentinian Provinces Mull Stabelcoin-powered Answer to Financial Mess
5.3.2020
More Argentinian provincial governors are considering the issuance of locally issued digital tokens or stablecoins.
As previously reported on Cryptonews.com, Josefina Canale, the provincial deputy of Mendoza, in the northern-central part of the country, has already gone public this week with claims...
Survey: Chinese Students Want Crypto Jobs, 8% Own Cryptocurrencies
17.10.2019
A poll conducted among university students in China indicates that many of them see a bright future for cryptocurrencies in their country. A quarter of the respondents said they would seek employment in the industry that deals with digital assets and related technologies. Approximately one in...
Chinese Bitcoin Miners Migrate North After Wet Season
10.10.2019
A China-based crypto news outlet recently published a comprehensive report on the costs associated with building a digital currency mining farm in China. Additionally, the local publication revealed that Chinese miners are starting to migrate north to access cheap thermal power and wind power after...