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

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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…

Latam Insights: Boliivia müüb kulda dollarite eest, Argentina keelab Fintechi krüpto, Fitch uuendab El Salvadori krediidireitingut

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Tere tulemast Latam Insightsi, kokkuvõte viimase nädala kõige olulisematest krüpto- ja majandusarengu uudistest Ladina-Ameerikast. Selles numbris, Boliivia võttis vastu seaduse kulla dollarite eest müümiseks, the Central Bank of Argentina bans fintech…

Digital Assets for 1 Billion Rubles Issued in Russia in a Month

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Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional…

Tax Benefits for Bitcoin Businesses in Belarus Extended Until 2025

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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…

Digital Assets Worth 2 Billion Rubles Issued in Russia in Less Than a Year

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Digital financial assets (DFA-d) for a total exceeding $26 million have been issued in Russia in the past year. This new market has been developing since it was regulated in 2021 and the country’s monetary authority started licensing issuers in the…

Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain

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According to the Central Bank of Brazil, the digital real pilot project will use an Ethereum-compatible, permissioned blockchain for the issuance of the tokenized version of the country’s currency. Hyperledger Besu, the open-source platform elected for the tests, will allow the…

SEC Files Emergency Action Against Bkcoin in $100 Million Crypto Fraud Scheme

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USA. Väärtpaberi- ja börsikomisjon (SEC) has filed an emergency action against Miami-based investment adviser Bkcoin and one of its principals, Kevin Kang. “The defendants disregarded the structure of the funds, commingled investor assets, and used more than $3.6 miljonit…

USA prokurörid soovivad veelgi piirata FTX endise tegevjuhi Sam Bankman-Friedi Interneti-juurdepääsu

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USA. New Yorgi lõunapiirkonna advokaat (SDNY), Damian Williams, ja justiitsministeerium (DOJ) taotlevad “kavandatud muudatused” endise FTX tegevjuhi kautsjonitingimustele, Sam Bankman-Fried. SDNY prokurör palub kohtul seda teha…

Digital Gold Traded for Digital Rubles by Russia’s Rosbank

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Rosbank has brokered Russia’s first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, the ruble. The successful transaction demonstrates the growing interest in digital financial assets and the need for digital ruble…

South African Dispute Resolution Office Says It Now Considers Crypto-Related Complaints

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According to South Africa’s Office of the FAIS Ombud, an independent dispute resolution office, individuals with crypto-related grievances that occurred after Oct. 19, 2022, can now formally submit such complaints on the agency’s website. Kuid, the Office of the FAIS Ombud…