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Crypto Mining Rig Maker Canaan Added to SEC List of Scrutinized China Companies
5.5.2022
The firm has until May 25 to dispute its inclusion on the list, which could eventually see it delist from the Nasdaq
Kazakhstan Amends Registration Rules for Cryptocurrency Miners
5.5.2022
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...
Kazakhstan ramps up power consumption reporting requirements for crypto miners
5.5.2022
Cryptocurrency mining companies will be required to submit comprehensive information about their operations as the country tries to reign in electricity consumption
Crypto Mining Moratorium Faces Stiff Headwinds in Albany
4.5.2022
A bill that aims to put a two-year moratorium on certain types of proof-of-work crypto mining in New York is facing a fresh wave of pushback from industry leaders, lobbyists and lawmakers
Uzbekistan President Issues Decree Regulating Cryptocurrencies, Mining and Trading
1.5.2022
The government of Uzbekistan has moved to expand its crypto regulations through a decree signed by President Shavkat Mirziyoyev. The document provides definitions for terms like crypto assets, exchange, and mining, and determines the main regulatory body for the industry. Agency Under President...
Go green or go home? What the NY State mining moratorium could mean for crypto industry
1.5.2022
The “anti-technology” bill could accelerate mining operators' switch to renewable energy, experts say
Bill Regulating Crypto Mining Submitted to Russian Parliament
30.4.2022
A draft law tailored to regulate cryptocurrency mining has been filed with the lower house of Russian parliament, the State Duma. The legislation provides a legal definition for the extraction of digital currencies and envisages the establishment of a register for miners. Russian Lawmakers...
Illegal Use of Cryptocurrency Largely a Myth, Russian Lawmaker Says
30.4.2022
Only a small share of cryptocurrency transactions have illicit purposes and the use of digital coins in illegal activities is for the most part a myth, a high-ranking Russian lawmaker has recently stated. Andrey Lugovoy, who is one of the deputies working on new crypto regulations, also said Russia...
New York State Assembly passes ban on new BTC mines that don't use green power
27.4.2022
The bill will now be carried with support to the Senate for passing before a final sign-off into law by Governor Hochul
Fort Worth Is Mining Bitcoin in City Hall, Mayor Wants to Transform Region Into a Tech-Friendly City
26.4.2022
On Tuesday, Fort Worth mayor Mattie Parker and Fort Worth revealed that the city is now the first U.S. city government in the country to mine bitcoin. According to the announcement, the city of Fort Worth has partnered with the Texas Blockchain Council to embark on the crypto mining endeavor....
Report: Compass to Sell $30 Million in Crypto Mining Equipment Located in Russia
24.4.2022
The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S. government sanctioning the bitcoin mining operation Bitriver and ten subsidiaries. Compass is hoping...
Jack Dorsey Muses on Social Media ‘Takeover,’ Ethereum Weaknesses; Plus the Latest in Crypto Mining — Bitcoin.com News Week in Review
24.4.2022
Former Twitter CEO Jack Dorsey ponders Ethereum’s “single points of failure” and whether one man should be able to control an entire social media network, while Bitcoin.com News gives you the latest scoop in the world of ETH and BTC mining rigs. To top it all off, one economist...
US Lawmakers Call for More Oversight of Cryptocurrency’s Environmental Impacts
24.4.2022
Twenty-three U.S. lawmakers have called on the U.S. Environmental Protection Agency (EPA) to increase oversight of cryptocurrency’s environmental impacts. “We request that the EPA evaluate ‘Proof-of-Work’ mining facilities’ compliance with environmental...
Georgia crypto mining’s potential: What’s driving growth in the industry?
22.4.2022
A combination of laissez-faire factors has created a beneficial environment for cryptocurrency mining in Georgia
US lawmakers sound alarm to EPA over environment concerns of crypto mining
21.4.2022
In addition to air and water pollution as a result of energy production, the lawmakers pointed to electronic waste from mining rigs, and noise pollution in surrounding communities
New York Man Arrested for Alleged $1.8M Crypto Mining Scam
21.4.2022
The Federal Bureau of Investigation (FBI) arrested a 37-year-old man on Wednesday it says defrauded more than a dozen victims out of a total of $1.8 million in a long-running crypto mining scam
US House Democrats Call for Scrutiny on Crypto Mining as Environmental Threat
21.4.2022
U.S. Rep. Jared Huffman sent a letter along with almost two dozen other congressional Democrats to the Environmental Protection Agency chief, asking him to devote additional scrutiny to potential harm cryptocurrency mining may cause to the climate and environment
US Sanctions Bitriver, Targets Russia’s Crypto Mining Potential
21.4.2022
In an attempt to deny Russia opportunities to evade sanctions through cryptocurrencies, the U.S. Department of the Treasury has sanctioned leading Russian mining firm Bitriver. The move comes amid concerns that Moscow may use the minting of digital coins to monetize its energy resources. Zug-Based...
US Treasury Dept lists crypto mining firm in latest sanctions against Russia
20.4.2022
"The United States is committed to ensuring that no asset, no matter how complex, becomes a mechanism for the Putin regime to offset the impact of sanctions,” said Treasury
US Sanctions Russian Crypto Mining Host Bitriver
20.4.2022
The U.S. government added Russian crypto mining company Bitriver on Wednesday as part of its ongoing effort to blockade Russian firms from accessing the global financial network in the wake of Russia's invasion of Ukraine