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

China Pushes Digital Yuan for Wage Payments in Changshu

Changshu, a city in China with more than 1.5 million inhabitants, will pay public workerswages with the Chinese central bank digital currency (CBDC), the digital yuan. The move marks an acceleration of the adoption plans that Beijing has for the

Reporte: China Will Become a Metaverse Tech Leader During 2023

A report issued by Globaldata, a global consulting and data analysis company, predicts that China will become a leading country in metaverse tech during 2023. The firm believes that the development of other technologies like artificial intelligence (AI), virtual reality (VR),…

Buenos Aires to Tax Cryptocurrency Mining in 2023

The province of Buenos Aires in Argentina will begin taxing cryptocurrency mining and possibly staking, en 2023. A new proposal modifies the tax law to introduce cryptocurrency mining as a taxable activity that will levy 4% on the income calculated via

Chinese Zhejiang Province Aims to Build a $28.7 Billion Metaverse Industry by 2025

Zhejiang, a coastal province of China, has presented a metaverse development plan that seeks to build a metaverse hub in its territory. The plan aims to entice the creation of a $28.7 billion metaverse industry and construct an ecosystem of several

Reporte: Chinese Company Launches Digital Currency Insurance Product

The Suzhou branch of the Chinese insurance company China Pacific Insurance, together with the Bank of Communications, recently announced the launch of a digital currency account insurance product. The launch comes at a time when the number of personal digital currency

China ampliará las pruebas de yuanes digitales en ciudades piloto a nivel provincial

Porcelana’El banco central del país tiene la intención de ampliar el área cubierta por las pruebas de su moneda digital yuan en cuatro regiones del país.. Un alto representante de la autoridad monetaria anunció la medida al tiempo que destacó que el Pueblo’s Bank has been stepping

La provincia argentina de Mendoza comienza a aceptar pagos de impuestos en criptomonedas

mendoza, una provincia argentina, ha implementado un sistema que permite a los contribuyentes pagar sus impuestos en su totalidad con criptomonedas. El sistema, que se lanzó esta semana, is part of a strategic push for the modernization and digitalization of payments carried by the

Nepal se prepara para emitir moneda digital, Borradores Modificaciones necesarias

A task force in Nepal has proposed legal changes allowing the countrys central bank to issue its own digital currency. The move comes after a study indicated that such an initiative is feasible and recommended certain provisions that would authorize the

Iran Amends Regulations to Ease Crypto Miners’ Access to Renewable Energy

Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates….