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Authorities Seize Over 1,500 Crypto Mining Rigs in Dagestan Crackdown


Law enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machines. Government agencies in the republic, considered one of Russia’s capitals of underground coin minting, carry out regular raids against such facilities....

Number of Busted Illegal Crypto Mining Farms in Iran Nears 7,000


Authorities in Iran have shut down close to 7,000 unauthorized facilities for cryptocurrency mining in the past two years, local media revealed. According to a report, most of the illegal bitcoin farms were concentrated in five provinces of the Islamic Republic, including Tehran. Iran Continues...

Georgia to Unveil New Cryptocurrency Law by This Fall


Authorities in Georgia are now holding discussions with industry representatives to finalize a bill designed to regulate coin trading, among other crypto-related activities. The legislation will be presented to the Georgian society this fall at the latest, a top central bank official announced....

Kazakhstan Amends Registration Rules for Cryptocurrency Miners


The government of Kazakhstan has revised the registration requirements for persons and companies involved in crypto mining. The updated regulations come amid an ongoing clampdown on the industry in the Central Asian nation, where the influx of miners has been blamed for persisting electricity...

Mad Money Casino


Mad Money Casino is a well reputed and a small online casino surviving in the market. It is operated by MMC Global Holdings Limited and licensed under the gambling authorities. We have multiple types of casino games. More than 4500 … Continued The post Mad Money Casino appeared first...

Finland to Donate Millions of Dollars From Sale of Seized Bitcoin to Ukraine


The government of Finland is discussing supporting Ukraine with part of the money from the liquidation of millions of dollars worth of cryptocurrency seized in crime investigations. Finnish authorities want to sell the bitcoins soon and say they couldn’t come up with a better idea for...

Another 6 Members of Finiko Crypto Pyramid Arrested in Russia


Russian law enforcement authorities have detained six more members and executives of the notorious crypto Ponzi scheme Finiko. Police in the Republic of Tatarstan and Russia proper have conducted dozens of searches as part of an ongoing investigation into the pyramid, which defrauded investors...

Belarus Adopts Legal Procedure for Seizure of Illicit Cryptocurrency


Implementing a recently signed presidential decree, the government of Belarus has introduced a procedure allowing the state to seize digital currency holdings. The move will grant law enforcement authorities in Minsk powers to seize crypto assets linked to illegal activities. Justice Ministry...

Russian Bankers Suggest Criminalizing Crypto Storage in Non-Custodial Wallets


Keeping cryptocurrencies in non-custodial wallets may be criminalized in Russia, if authorities accept a proposal from the trade association representing Russian banks. While financial regulators think the idea deserves attention, lawmakers and experts doubt it’s possible to implement such...

Alleged Hydra Administrator Dmitry Pavlov Reportedly Arrested In Russia


A district court in Moscow has arrested a man whom local media reports identify as Dmitry Pavlov, alleged administrator of the recently shut down darknet market Hydra. Russian authorities believe he has been involved in drug-related crime punishable by up to 20 years in prison. Moscow Court Arrests...

Kineko


Kineko is a crypto based sportsbook and online casino which is obviously a decentralized network ie. blockchain. We are experts in betting with cryptocurrency and gather players world wide. Kineko is completely legal and licensed under the gambling authorities. It … Continued The post Kineko...

Iran Will Not Allow Crypto Payments, Prepares to Pilot Digital Rial


Iran will not recognize cryptocurrencies as a means of payment, a high-ranking government official has indicated. His statement came as the Central Bank of Iran announced rules for the issuance of digital coins in the country. These are meant, however, for its own “crypto rial,”...

Abkhazia Extends Crypto Mining Ban Till End of Year


Authorities in Abkhazia have decided to maintain a ban on cryptocurrency mining in the territory. The partially recognized republic in the South Caucasus is restricting the energy-intensive extraction of digital currencies, citing problems with power supply. Bitcoin Mining Remains Prohibited...

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