Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Años

Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures

El gobierno indio responde preguntas sobre la legalización de las criptomonedas, Prevención del fraude

El gobierno indio respondió a las preguntas parlamentarias sobre la legalización de las criptomonedas y las medidas que ha tomado para prevenir el fraude relacionado con las criptomonedas.. “Actualmente, los criptoactivos no están regulados en la India.. Los fraudes relacionados con las criptomonedas se tratan según las leyes vigentes contra…

German Stock Exchange Boerse Stuttgart to Provide Crypto Custody Through Licensed Subsidiary

Blocknox, a subsidiary of one of Europe’s largest stock exchanges, Boerse Stuttgart, has been licensed to operate as a crypto custodian in Germany. The authorization will allow the company to offer custody services for digital assets to institutional investors across the

Tax Benefits for Bitcoin Businesses in Belarus Extended Until 2025

Tax exemptions for companies and individuals legally working with cryptocurrencies in Belarus will remain in place until Jan. 1, 2025. A new presidential decree extends the tax cuts introduced in 2018 when the executive power in Minsk legalized crypto activities such

Analyst Warns of Banks’ Authority to Confiscate Funds, Decline of US Dollar Purchasing Power

According to Lynette Zang, chief market analyst at ITM Trading, A NOSOTROS. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. En una entrevista reciente, Zang discussed how the purchasing power of the U.S. dollar has

Hacker Sent to Prison for Robbing Vietnamese Crypto Exchange

Authorities in Vietnam have caught and sentenced a hacker who stole money and data from a local cryptocurrency exchange. The man, who was arrested and charged for extorting the trading platforms owner, has been ordered to return the money he misappropriated….

Iran Returns Seized Crypto Mining Equipment to Miners

A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by courts in the Islamic Republic, where unlicensed miners

Erdogan sugiere un sistema de pagos turco-ruso, Informes de los medios locales

Según los informes, el presidente turco, Recep Tayyip Erdogan, está presionando para que Turquía y Rusia establezcan un nuevo sistema de pagos entre ellos.. La iniciativa surge en medio de EE.UU.. Presión contra el uso de las tarjetas rusas Mir en Turquía.. Algunos bancos turcos han sido…

Russia’s Sberbank to Allow Users to Issue NFTs on Its Blockchain Platform

Recognizing existing demand for non-fungible tokens, or NFTs, one of the largest banks in Russia, Sberbank, now intends to allow users to issue them on its blockchain platform. The financial institution also plans to cooperate with art sites and galleries across

Bank of Russia to Promote Digital Ruble in Foreign Trade as Finance Ministry Pushes for Crypto Option

Days after the two institutions agreed on the need for cross-border crypto payments, the finance ministry and the central bank of Russia are once again highlighting their different priorities. While the treasury department aims for legalizing cryptocurrency payments in the coming