Russian crypto miners say they want their industry to be legalized – and hope that official status could help them avoid spats with power providers. Lenta reported that the situation for miners in the Irkutsk Oblast in Siberia has deteriorated of late…. Read More: Russian Crypto Miners Tell Lawmakers: ‘Hurry up and Legalize Our…
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A court in Beijing has ruled that three investment agreements for bitcoin mining operations in Sichuan are “invalid.” A compensation claim has been rejected in the case, viewed as an indication that the Chinese judiciary would not provide protection for crypto-related interests. Beijing Court Invalidates Bitcoin Mining Contracts The Chaoyang District People’s Court in the…
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In a bid to develop new regulations for cryptocurrencies and other digital assets, Australia’s regulators – acting through their joint body, the Council of Financial Regulators (CFR) – have released a statement in which they embrace the government’s plan to implement a payments and crypto-asset reform…. Read More: Aussie Regulatory Body Backs Government’s Plan…
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Deutsche Börse Group, the owner of the largest German stock exchange, the Frankfurt Stock Exchange, plans expansion into the global crypto markets as it has finalized the acquisition of Switzerland-based Crypto Finance AG. Crypto Finance is a provider of trading, storage, and investment in digital assets services to institutional and professional clients. No further details about…
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Along with the growing popularity of cryptocurrencies, Ukrainians are enjoying an expanding range of related services and products. Besides new options to buy and trade coins, crypto users in the country will be offered two cards that will allow them to spend their digital currencies in stores and online. Wirex Gives Ukrainians Access to Over…
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Gilberto ‘Zurdo’ Ramírez, a Mexican boxer with an impeccable professional record, is warming up for a Saturday night bout, one last hurdle before getting a shot at the World Boxing Association (WBA) light heavyweight title. Ramirez will face Yunieski Gonzalez in a final eliminator securing a chance to defeat the unbeaten champion, Dmitry Bivol. Bitcoin.com…
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Solana Ventures, the investment arm of Solana Labs, has announced a new investment fund to bring more Web3 products to its network. In partnership with Forte, a company that provides tools for blockchain integration on games, and Griffin Gaming, a VC company invested in the global gaming market, Solana Ventures will open a $150 million…
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Provincial branches of China’s biggest commercial banks have begun “educating” the general public on the dangers of crypto and money-laundering – but it appears that the message that crypto and mining is “bad” isn’t getting through to some public officials…. Read More: Chinese Banks ‘Educate’ the Public on the Pitfalls of Crypto Read more…
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South Korean police have swooped on the operators of what they say was a scam crypto exchange that sucked in 12,000 victims – after claiming investors could use it to make compound interest gains of a whopping 0.5% every eight hours. Per Herald Kyungjae, the firm posed as a South Korean affiliate of the bona…
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The UK’s Advertising Standards Authority (ASA) has decided to ban seven crypto-related advertisements. The latest batch of bans illustrates that, in their online communications, businesses must take great care to fashion their crypto-related messages in a maximally neutral way and avoid drawing the regulator’s ire. … Read More: UK Watchdog Teaches Coinbase, Kraken, and Others…
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