Russian Lawmakers Drop ‘Mining’ References in Digital Assets Bill

Russian Lawmakers Drop References to ‘Mining’ in Digital Assets BillRussian lawmakers have dropped the term “mining” from a bill to regulate digital assets, following the earlier removal of references to “cryptocurrency.” In addition, the proposed legislation no longer covers the taxation of mining profits, as such matters will fall under the oversight of the Federal Tax Service. Also read: Despite Setbacks Crypto Wages Still […]

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How Bitcoin Mining Can Help Nuclear Reactors

How Bitcoin Mining Can Help Nuclear ReactorsBitcoin mining has been criticized by mainstream media, environmentalists and some economists for its energy consumption deemed excessive. Yes, the proof of work system burns a lot of electricity but does the planet suffer from deficit? Here’s a look at an interesting aspect of nuclear power generation ­– it turns out the wasted capacity of […]

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Church Mining Cryptocurrency Told to Pay Higher Electricity Rates

Church Mining Cryptocurrency Told to Pay Higher Electricity RatesThe outcome of a court case in Russia may affect the popular practice of cryptocurrency mining in basements and garages. According to a recent ruling, a church in Irkutsk must pay higher electricity rates for installing and running mining hardware on its premises. ‘Grace’, the religious organization of the local evangelical community, has been taking […]

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Despite Setbacks Crypto Wages Still an Option for Russians, Poll Finds

Despite Setbacks Crypto Wages Still an Option for Russians, Poll FindsCrypto markets have passed through hard times this year but cryptocurrency remains a viable remuneration option for businesses in the industry and their employees in Russia, new numbers and estimates suggest. The observation is valid for many companies and contractors around the world as a number of platforms now match employers and job seekers in […]

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Robinhood Crypto Expands to Three More States

Robinhood Crypto Expands to Three More StatesCrypto trading app Robinhood is now available in more U.S. states. In October, the platform has launched services in Rhode Island, Tennessee and Arkansas. The move brings the total to 24 states whose residents can now make zero-commission trades in several leading cryptocurrencies. Also read: Increasing Number of Crypto ATMs in Europe Support BCH App […]

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Venezuela Demands Citizens Pay for Passports With Petro

Venezuela Demands Citizens Pay for Passports With PetroVenezuelan authorities have found another way to impose the adoption of the state-issued cryptocurrency, the petro. Citizens will soon have to pay with the government-controlled digital coin if they want to obtain a travel document. Hundreds of Venezuelans are leaving the crisis-hit country every day. Also read: New Stablecoins: From Cryptopound and Metal-Backed Swiss Coin […]

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The Daily: EU Budgets €1M to Monitor Crypto, Wyoming Mulls Fintech Bank

The Daily: EU to Spend €1M to Monitor Crypto Space, Wyoming Mulls Bank for Fintech FirmsThe European securities and markets watchdog ESMA has dedicated over 1 million euros to finance the monitoring of developments in the crypto sector. Also in The Daily this Saturday, Wyoming legislators are working on a bill that would facilitate the provision of banking services to crypto and blockchain companies, and according to a new survey, […]

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European Banks Facilitated Large Crypto-Fiat Deals, Probe Finds

European Banks Facilitated Large Crypto-Fiat Deals, Probe FindsSeveral financial institutions in Europe, like Danske Bank and Swedbank, have been mentioned in a Lithuanian report investigating large-scale crypto-fiat transactions that took place in the past two years. Some of the banks’ clients traded digital coins worth millions of euros and the Baltic nation’s financial crime combating agency wants to know where the first […]

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Virtual Satoshi Monument Goes up in Kiev, Hollywood Is Next

Virtual Satoshi Monument Erected in Kiev, Hollywood is NextA Ukrainian project group has erected a statue of Satoshi Nakamoto, the pseudonymous founder of Bitcoin, in the virtual reality (VR) of a mobile app they have developed. The plan is to construct a network of virtual cities around such statues and ultimately establish a global “Satoshi Nakamoto Republic.” The monument can be seen on […]

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Increasing Number of Crypto ATMs in Europe Support BCH

Increasing Number of Crypto ATMs in Europe Support BCHA growing number of cryptocurrency ATMs in Europe now buy and sell BCH, increasing the popularity and widening the adoption of Bitcoin Cash. Many of the teller machines are located in major cities and resorts offering Europeans and visitors easy access to the world of fast and affordable digital money transactions. Also read: Chrome Extensions […]

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