Crypto crackdown in Russia does not pose a problem to data centre operators
Following Russia’s crypto crackdown, the country’s largest data centre operators aren’t really worried. According to the CEO of BitRiver, a new crypto crackdown by the Bank of Russia is unlikely to damage the company. The Russian central bank stated on Wednesday that it has begun collaborating with local banks to slow payments to cryptocurrency exchanges. […]
Chinese central bank sets to continue crypto crackdown till the year ends
Central Bank of China has made choices regarding the country’s ongoing crypto crackdown, stating that the crackdown will continue in the second half of 2021, the further crackdown is to “maintain” rather than strengthen the current one. A consensus was reached yesterday at a conference to “keep” high pressure on digital currency trading in China […]
Cryptocurrency mining operation crackdown in Anhui province by the Chinese government
Due to the regulations in China about crypto mining, the government hands are on deck on this issue, as the regulators in Anhui province shutting down local crypto mining operations as a result of growing electricity demand. Theis continued crackdown by the Chinese government on cryptocurrency mining by stopping its operations is yet in another […]
Crypto Crackdown, A “Trillion-Dollar” Mistake – MicroStrategy CEO
According to Microstrategy’s CEO Michael Saylor China has made its biggest mistake by implementing the crackdown on mining. Over the last two months of correction, MicroStrategy CEO Michael Saylor has been aggressively accumulating Bitcoin. The cloud computing company bought another 13,000 bitcoins earlier this week, bringing its total BTC holdings to above 100,000. According to […]