European Parliament to Cancel Vote on Crypto Assets Framework

The European Parliament will not hold a planned vote on crypto regulations after texts that can be interpreted as an attempt to ban coins with energy-intensive mining sparked negative reactions. The lawmaker... Read more »

Bitcoin’s Hashpower Drops, BTC Mining Difficulty Expected to Jump Higher in 4 Days

The processing power behind the Bitcoin network has dropped 30% since the hashrate’s all-time high (ATH) on February 15, sliding from 249 exahash per second (EH/s) to 169 EH/s. Furthermore, four days... Read more »

Analysts Warn of Regulatory Risks if Russia Is Able to Use Crypto to Evade Sanctions

Russia could turn to cryptocurrency if it is banned from the SWIFT payments system. Analysts have warned that if Russia is able to use crypto to evade sanctions, “political support in the... Read more »

US Charges Indian Citizen in $3.4 Billion Crypto Ponzi Scheme Bitconnect

The founder of the $3.4 billion crypto Ponzi scheme Bitconnect has been charged in the United States. “If convicted of all counts, he faces a maximum total penalty of 70 years in... Read more »

China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims

Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying... Read more »

South African Treasury on Crypto Regulations: Amendments to Relevant Laws to Be Finalized in 2022

The South African Treasury says it expects the amendments to the country’s financial laws — that will see crypto asset service providers being included as accountable institutions — to be finalized in... Read more »

Russian Bitcoin Mining Assessed Amid Conflict With Ukraine, Large ETH Pool Cancels Service to Russia

With the conflict between Russia and Ukraine, many observers are curious about the large quantity of hashrate located in Russia, as the region reportedly controls the third-largest sum of SHA256 hashpower worldwide.... Read more »

Central Bank of Argentina Prepares New Regulations for Digital Wallets

The Central Bank of Argentina is reportedly working on a new group of regulations seeking to control the totality of the digital wallets in the country. This new legal framework is directed... Read more »

US Secret Service Launches Crypto Awareness Hub to Educate the Public on Digital Asset Security

The U.S. Secret Service has launched a cryptocurrency awareness hub. The new platform “will feature the latest in the agency’s work combating illicit use of digital assets as well as provide public... Read more »

Miners Have Moved 30% of Their Equipment Out of Kazakhstan, Industry Organization Claims

Authorized crypto mining businesses have already taken a third of their coin minting hardware out of Kazakhstan, according to the country’s mining association. The news comes amid electricity shortages and upcoming tax... Read more »