Russian Parliament votes against bill to regulate crypto mining
The State Duma, the lower chamber of the Russian parliament, voted against a bill that would have regulated crypto mining. Although MPs rejected that measure, which also sought to allow crypto payments in the nation, another draft law on mining that permits international exchanges of digital assets is anticipated in the legislature soon. The Russian […]
BitNile to Start Bitcoin-Based Marketplace Next Year
BitNile may also want to move away from bitcoin mining because the industry has been under a lot of pressure in the past few months. BitNile (NILE), a company that mines bitcoins, plans to set up a bitcoin-based marketplace in the first half of 2019. This will make it easier to buy and sell bitcoins. […]
Kazakhstan Government Adopts New Crypto Rules
The lower house of the country’s parliament has passed five bills related to digital assets. The government is trying to get a tighter hold on crypto activity, especially crypto mining, so these bills are a step in that direction. The Russian news agency TASS said Wednesday that the lower house of Kazakhstan government, called the […]
Core Scientific Stands ground On Celsius Bankruptcy
Celsius Mining owes Core Scientific about $5.4 million for its hosting services. Core Scientific (CORZ), a crypto hosting and mining company, said it plans to go after what it thinks Celsius Mining, the mining arm of the struggling crypto lender, owes it. In a filing with the U.S. Securities and Exchange Commission (SEC) on Wednesday, […]
White House Investigates Further Crypto Mining Energy Impact
The Crypto Mining report is the first public response to the U.S. In the crypto order that President Joe Biden s igned, he also asked for standards to be set to reduce the amount of energy used. In a new report released Thursday, the White House Office of Science and Technology Policy said that the […]