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

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

"2023. aasta paanika": James Corbett selgitab, kuidas pangakriis võib viia CBDC "täieliku rahakontrolli õudusunenägu"

Uuriv ajakirjanik James Corbett viitas hiljuti käimasolevale ülemaailmsele panganduskriisile, mis hõlmab SVB-d, Allkirjapank, Credit Suisse ja teised “2023. aasta paanika,” tuues võrdlusi sellega, mida ta peab ajaloolisteks pretsedentidena, ja osutades ette paratamatule…

Aruanne: Lõuna-Sudaani valitsus keelab USA dollaritehingute tegemise

The government of South Sudan has reportedly prohibited U.S. dollar-based transactions and has directed that all local payments be settled in the local currency. The Salva Kiir Mayardit government reportedly said it also wants all signed commercial contracts to be based

Billionaire Tim Draper Urges Sri Lanka to Adopt Bitcoin — Central Bank Says ‘We Don’t Want to Make the Crisis Worse’

Billionaire investor and venture capitalist Tim Draper has reportedly attempted to convince the Sri Lankan government to adopt bitcoin. Kuid, the governor of the Central Bank of Sri Lanka rejected his recommendation, emphasizing: “Adoption of 100% bitcoin wont be a Sri

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

Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission

According to the International Monetary Fund (IMF)’s mission concluding statement, Nigeria’s rising inflation rate as well as the continuing shortage of foreign currency are fueling the naira devaluation speculations. To achieve a unified naira exchange rate, the global lender said Nigeria

Displaying US Dollar Prices Still Prohibited, Ghanaian Central Bank Tells Actress Lydia Forson

The Bank of Ghana recently warned businesses quoting U.S. dollar prices that the practice is still prohibited and that the cedi remains Ghana’s sole legal tender. The bank said it is working with law enforcement toclamp down on illegal foreign

Forex Shortages Blamed After Nigerian Currency Hits New Low Versus the US Dollar

A surge in the demand for foreign exchange and the general scarcity of the resource may be the reasons why the naira currency recently slumped to a new all-time low of 735 versus the U.S. dollarit, aruandes on öeldud. Üks…

230 Majandusteadlased hoiatavad, et USA valitsuse kavandatav inflatsiooni vähendamise seadus soodustab inflatsiooni

Eelmine nädal, Democrats unveiled climate and health care legislation called theInflation Reduction Act,” and theres a lot of debate over the name of the proposed public policy measures. After the legislation was revealed, 230 economists sent a letter to the

Iraan muudab eeskirju, et hõlbustada krüptokaevurite juurdepääsu taastuvenergiale

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….