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” Georgia crypto mining’s potential: What’s driving growth in the industry? “ Who would have thought that a small country in the Caucasus Mountains could become one of the world’s leaders in cryptocurrency mining? Despite its small size and population, Georgia has become a popular spot for cryptocurrency mining thanks to its cheap electricity, the…
” Climate, blockchain and CBDCs: an interview with HyperLedger’s Karen Ottoni “ “Cryptocurrency is just one use case for blockchain,” Karen Ottoni, director of ecosystem at Hyperledger, tells Cointelegraph in an interview during Paris Blockchain Week. From “supply chain and trade, finance and capital markets, tokenizing green bonds, tokenizing real estate,” the list of blockchain…
” Emmanuel Macron on crypto: ‘I don’t believe in a self-regulated financial sector’ “ Mere days before the second round of the fateful presidential election in France, the incumbent President of the Republic, Emmanuel Macron, sat down with local media to share his thoughts on the digital economy — a subject he didn’t speak on…
” Ukraine bans Bitcoin purchases with local currency amid martial law “ The National Bank of Ukraine (NBU) continues taking measures to prevent capital outflows amid martial law by enforcing major restrictions on cryptocurrency purchases. The Ukrainian central bank officially announced Thursday a set of restrictions on cross-border operations, prohibiting individuals from buying cryptocurrencies like…
” Bank of England’s PRA raises budget $31M for ‘emerging risks’ like crypto “ The Bank of England’s regulatory arm has raised its budget by $31.6 million (£24.3 million) for the coming financial year saying that costs have increased due to its growing responsibilities and preparations for “emerging risks in the financial system”. According to…
” EU officials considered Bitcoin trading ban to enforce proposed mining ban “ European Union (EU) officials discussed banning Bitcoin trading during a debate on a proposal to ban Proof of Work mining according to documents obtained through a freedom of information request. According to a report, published by German digital culture organization Netzpolitik, officials…
” Upbit owner Dunamu could see ‘monopoly’ curbed after investment controversy “ The operator of South Korean crypto exchange Upbit, Dunamu, is facing pushback from regulators due to a controversial investment while authorities move to issue restrictions to stifle its monopolistic position. Dunamu’s total assets are valued at over over 10 trillion KRW ($8.06 billion)…
” OCC issues order against Anchorage Digital over AML compliance “ The United States Office of the Comptroller of the Currency, or OCC, has said it intends to pursue cease and desist proceedings against cryptocurrency custody bank Anchorage Digital for violating certain anti-money laundering requirements. In a Thursday announcement, the OCC said it issued a…
” US lawmakers sound alarm to EPA over environment concerns of crypto mining “ United States House of Representatives member Jared Huffman and 12 other lawmakers have requested the Environmental Protection Agency, or EPA, assess crypto mining firms potentially violating environmental statutes. In a letter addressed to EPA administrator Michael Regan on Wednesday, Huffman said…
” Bahamian government hopes to allow residents to pay taxes with digital assets in 2022 “ Residents of the archipelago nation, the Bahamas, may soon be able to use digital assets including the world’s first central bank digital currency, or CBDC, to pay for taxes. In a white paper on the future of digital assets released…