Heatwave and Debt: Laos Suspends Crypto Mining Operations Amid Rising Power Demands
In latest developments, Electricite du Laos (EDL) introduced on August 24 that the facility firm shut down cryptocurrency mining actions. This choice got here after...
10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies
The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local currencies...
India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar
The authorities of India has introduced that it’s going to facilitate the settlement of worldwide transactions utilizing its nationwide forex, the rupee. As a part...
Myanmar Military Government Proposes to Jail Digital Currency and VPN Users
Myanmar’s military-ruled authorities is proposing to enact legal guidelines that can see customers of digital non-public networks (VPN) and digital currencies being jailed for as...
Singapore Myanmar Investco Purchases 800 Mining Rigs, Firm Plans to Offer Mining Services
On August 24, the investment and management company, Singapore Myanmar Investco Limited (SMI), revealed the company is entering the bitcoin mining industry as it has...