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China’s Hainan Province Ramps Up Crackdown on Crypto Mining Operations


The province of Hainan in South China has taken steps aimed at curbing crypto mining activities. Besides blacklisting the industry, local authorities are also introducing higher electricity rates for the mining enterprises that continue to operate in the region. Hainan to Ensure Crypto Miners...

Chinese Crypto Mining Crackdown Turns Focus to PC Rooms and ‘Home Miners’


  Having effectively eliminated its industrial crypto mining sector, China is now going after the small fry: internet café and PC gaming room operators – and even those mining on rigs and cards at home – as Beijing moves to squash the mining industry once and for all.... Read More: Chinese Crypto...

Crypto Crime Still Rising in China Despite Crackdown, Warn Authorities


Reports from Chinese provincial law enforcement agencies appear to show that crypto crime is still on the up – despite a nationwide crackdown on crypto and mining exacted in September this year.... Read More: Crypto Crime Still Rising in China Despite Crackdown, Warn Authorities

Central Bank of Peru Will Develop a Digital Currency


The Central Reserve Bank of Peru, the Peruvian central bank, is planning to develop a central bank digital currency (CBDC) like other economies of the world. The announcement was made by its president, Julio Velarde, who stated that the currency would be designed for use primarily in payments....

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