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“# Swedish call to ban crypto mining ‘completely misinformed,’ says fund manager ” A Swedish financial watchdog’s call for a European Union-wide ban on proof-of-work (PoW) crypto mining, mainly known as the method of minting new Bitcoin (BTC), has received backlash from crypto-related fund managers. Melanion Capital, a Paris-based alternative investment firm known for its…
“# UN’s COP26 climate change goals include emerging tech and carbon taxes ” In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain. The 2021 United Nations…
“#Biden faces inflation fiasco — but won’t admit he caused it” It’s quite a spectacle watching people who credit Democrats with every job created and every percentage point gained in economic growth suddenly arguing that the White House is completely powerless in the face of our current economic predicament. Presidents generally get far too much…
“# Bitcoin miners look toward nuclear power for sustainable energy ” Major players in the Bitcoin (BTC) mining industry have their sights set on nuclear energy as pressure mounts to go green. Nuclear energy could present a “tremendous opportunity” to introduce “enormous amounts of clean, carbon-free” energy to the base load, said GRIID vice president…
“# Influx of crypto miners to Kazakhstan reportedly strains energy supply ” Now responsible for the second biggest contribution to the Bitcoin hashrate, Kazakhstan’s energy grid may be unprepared to handle the addition of many cryptocurrency miners from China and others looking to capitalize on low cost electricity. In a Nov. 10 report from Reuters,…
“#John Kerry says US ‘won’t have coal’ by 2030” US climate envoy John Kerry said Tuesday in Scotland that America, which boasts the world’s largest economy, will stop burning coal sometime within the next nine years. “By 2030 in the United States, we won’t have coal,” Kerry told Bloomberg editor-in-chief John Micklethwait during an interview at the COP26 climate conference…
“# Largest cryptocurrency exchange in Latin America to develop renewable energy tokens ” In an announcement to Reuters News on Thursday morning, Brazillian cryptocurrency exchange Mercado Bitcoin said it has signed an agreement with Comerc, one of the main retail energy providers in Brazil, to develop renewable energy tokens. Mercado Bitcoin and Comerc seek to…
“#Media tar concerned parents as racists and other commentary” Libertarian: Media Keep Insulting Parents “Not a day goes by without the media comparing raucous school board meetings to the January 6 Capitol Hill riots, attributing the increase in parental outrage to racism,” gripes Reason’s Matt Welch. “Framing devices that distort the depiction of an important…
“# New York businesses ask governor to deny permits for crypto mining ” The New York State Governor Kathy Hochul has been asked by a group of local businesses to deny permits for converting the city’s old fossil-fuel power plants into crypto mining centers. The request comes in the form of a letter cosigned by…
Prices of fossil fuels around the globe are surging, leading some commodity pros to refer to the current condition as an “energy crisis” that could have far-reaching implications for American consumers. It also carries implications for energy policy as the U.S. — and the rest of the world — attempts to wean itself off crude…