Crypto Regulation Undergoes Assessment In The United Kingdom Amid New Reports
A collection of interconnected publications reminds financial institutions of their obligations and examines the situation of crypto regulation in the United Kingdom. Crypto regulation is being evaluated by the Bank of England Financial Policy Committee and other UK regulations after publishing papers on financial stability about crypto assets and decentralized finance. On Thursday, the Bank […]
Russia Says It Would Adopt Bitcoin As A Payment Method For Oil And Gas
On the heels of heavy sanctions being meted out to Russia by the West for invading Ukraine, the country is already exploring ways of circumventing the sanction by raising the likelihood of accepting Bitcoin payment for its energy to Turkey and China. Pavel Navalny, the Russian Federation’s energy minister, has proposed accepting Bitcoin as payment […]
Exxon Mobil reportedly uses excess natural gas to mine crypto
Oil and gas giant Exxon Mobil is reportedly running a pilot program that allows it to use excess natural gas to power crypto mining rigs. The company looks to expand the trial program to four more nations. Bloomberg reported on Thursday that Exxon Mobil has reached an agreement with Crusoe Energy to use excess gas […]