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Iran Warns Crypto Investors Amid Ban on Bitcoin Mined Outside Its Borders


The Central Bank of Iran has issued a warning against unrestrained crypto trading and reminded investors that only cryptocurrencies minted by licensed miners in the Islamic Republic can be used under limited circumstances. Traders will bear full responsibility for the risks, the bank cautioned...

South Korea to Impose a 20% Tax on Crypto Mining Activities


The cryptocurrency industry in South Korea keeps facing regulatory challenges, and it seems that dust is far from settling. Now, crypto miners will be required to pay taxes, following the same path as digital assets traders. Ruling to Take Place Starting 2022 According to a report published...

Marathon Mines First OFAC Compliant Bitcoin Block


Marathon, one of the biggest bitcoin mining dedicated companies in the U.S. and Canada, has mined the first OFAC compliant bitcoin block, only accepting transactions that comply with the directives of this government office. This has caused a stir in libertarian circles, that argue this can be...

New York Takes Heat From Miami Over 'Wrong' Crypto Mining Ban Proposal


A draft bill introduced by Sen. Kevin S. Parker, a member of the New York State Legislature from the ruling Democratic Party, seeks to impose a moratorium on cryptocurrency mining for three years. The move has been blasted “as another step by NY in the wrong direction” by Miami Mayor and Republican...

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