Government

Kazakhstan to Build Power Plants to Retain the Leadership in Cryptocurrency Mining
Dec 30, 2021 at 11:00
News
Kazakhstan to Build Power Plants to Retain the Leadership in Cryptocurrency Mining
The government of Kazakhstan is discussing ways to build new power plants to generate additional energy. With this move, the country aims to support the cryptocurrency mining industry.
Not the Leader Anymore: Cryptocurrency Miners Flee Kazakhstan due to the Lack of Energy
Nov 25, 2021 at 12:50
News
Not the Leader Anymore: Cryptocurrency Miners Flee Kazakhstan due to the Lack of Energy
Kazakhstan does not have enough energy capacity to meet the needs of the crypto mining industry. For this reason, many of them are fleeing to Russia and the US.
Russian Security Service Investigates Illegal Cashing out of Cryptocurrency with a Circulation of around $1.5 Billion
Nov 18, 2021 at 12:55
News
Russian Security Service Investigates Illegal Cashing out of Cryptocurrency with a Circulation of around $1.5 Billion
On November 17, the Russian Federal Security Service (FSB) raided the office of a suspected illegal cryptocurrency exchange in a business center in St. Petersburg.
Russian Government Might Establish a Working Group to Regulate the Cryptocurrency Mining Industry
Nov 11, 2021 at 13:37
News
Russian Government Might Establish a Working Group to Regulate the Cryptocurrency Mining Industry
Representatives of the Liberal Democratic Party of Russia plan to submit a draught law on the regulation of cryptocurrency mining. They also suggest setting up a working group with representatives of various government committees to discuss the issue.
A Shadow Mining Farm Spotted in Kazakhstan: Is the Country Going to Follow China's Lead?
Nov 04, 2021 at 13:35
News
A Shadow Mining Farm Spotted in Kazakhstan: Is the Country Going to Follow China's Lead?
Authorities in the city of Karaganda in Kazakhstan have discovered and liquidated a shadow mining farm that was illegally consuming electricity. The increasing activity of shadow miners could lead the country to ban the industry, following China's example.
Limitations Imposed by Kazakhstan are Pushing Cryptocurrency Miners Underground
Nov 03, 2021 at 11:51
News
Limitations Imposed by Kazakhstan are Pushing Cryptocurrency Miners Underground
The Kazakhstan government is concerned about the growing number of underground cryptocurrency miners after restrictions were imposed in early October.
Russian Oil Riggers Want to Build Cryptocurrency Mining Farms at Oil Fields
Oct 22, 2021 at 11:40
News
Russian Oil Riggers Want to Build Cryptocurrency Mining Farms at Oil Fields
In search of alternative energy sources, Russians are exploring the potential of oil fields in their search for alternative energy sources. Earlier this week, several of the largest local mining companies applied to the government for permission to build mining farms.
The USA Has a Chance to Outcompete China in the Cryptocurrency Industry as Companies Flee from the Country
Oct 09, 2021 at 10:10
News
The USA Has a Chance to Outcompete China in the Cryptocurrency Industry as Companies Flee from the Country
More than 20 cryptocurrency companies have announced they are leaving China after the government cracked down on the industry on September 24. This new wave of sanctions paves the way for the US to gain the upper hand in this sector.
The Central Bank of Ukraine to Pay Salaries in Digital Hryvnia by the End of 2021
Sep 23, 2021 at 12:16
News
The Central Bank of Ukraine to Pay Salaries in Digital Hryvnia by the End of 2021
The wave of central bank digital currency (CBDC) is gaining traction around the world and the Ukrainian government plans to pay its employees with digital hryvnia.
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