Sanctioned Russia, Iran May Turn to Crypto Mining to Monetize Energy, IMF Says
Nations like Russia and Iran could make the most of cryptocurrency mining to monetize their power assets and circumvent sanctions, the International Monetary Fund predicts...
Iran to Increase Penalties for Unauthorized Cryptocurrency Mining
Iran has drafted new guidelines to extend penalties for unlawful cryptocurrency mining within the nation, together with further fines and imprisonment. “Any use of sponsored...
Russian Finance Ministry Amends Bill ‘On Digital Currency,’ Adds Crypto Mining Provisions
The Ministry of Finance of the Russian Federation has revised a draft legislation designed to manage the nation’s crypto area, introducing provisions for cryptocurrency mining....
Abkhazia Extends Crypto Mining Ban Till End of Year
Authorities in Abkhazia have determined to take care of a ban on cryptocurrency mining within the territory. The partially acknowledged republic within the South Caucasus...
Kazakhstan Auditors Go After Crypto Miners Accused of Exploiting Tax Benefits
Authorities in Kazakhstan have discovered a number of companies minting digital currencies that took benefit of tax cuts they have been allegedly not supposed to...
Russia Will Not Try to Ban Home Crypto Mining, Finance Ministry Official Indicates
A high-ranking consultant of the Ministry of Finance in Moscow sees no level in banning crypto mining in Russian households as it might be onerous...
Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency
In the previous two years, legislation enforcement authorities in Malaysia have arrested a whole bunch of people for theft of electrical energy allegedly used to...
‘Bitcoin in Cowboy County’ — New Documentary to Feature Gas-to-Bitcoin Mining Solutions in Central Wyoming
According to the bitcoin mining operation and mining rig reseller, Compass Mining, a brand new documentary can be launched that covers the bitcoin mining operations...
Kazakhstan Police Shut Down Another Crypto Farm Amid Ongoing Crackdown on Mining
Law enforcement officers in Kazakhstan have busted one other mining facility as they proceed to crack down on unlawful actions within the sector. The crypto...
Kazakhstan Shuts Down Over 100 Crypto Mining Farms
More than 100 crypto farms in Kazakhstan have terminated operations because of ongoing inspections of the mining sector. Authorities have revealed that a few of...