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Strong regulation coming? Biden reportedly will sign an executive order targeting cryptocurrencies this week(USA)
On Monday, March 7, Eastern Time, the media quoted people familiar with the matter as saying that U.S. President Biden will sign an executive order this week to introduce the U.S. government’s strategy in terms of encrypted digital currency, and will instruct federal government agencies to invest...Verenga zvimwe -
Intel’s BMZ2 Bitcoin Miner Increases Gross Profit by 130% Compared to Competitor Antminer S19 Pro – GRIID Report Says（USA,UK)
GRIID, a U.S. infrastructure company that is one of the first recipients of Intel’s upcoming “Bonanza Mine” chip, filed with the U.S. Securities and Exchange Commission (SEC/US Securities and Exchanges Commission) The incoming Bitcoin mining tools offer considerable efficiencies...Verenga zvimwe -
Crypto transactions surge in Ukraine amid cash withdrawal restrictions(USA)
The National Bank of Ukraine has limited daily cash withdrawals to 100,000 hryvnia ($3,350) to control cash outflows from the country. However, the move has become a major catalyst for crypto trading in the country. Trading volume on Kuna, a Ukrainian cryptocurrency exchange that offers trading i...Verenga zvimwe -
Over 1 Million USD in Crypto Donations Flows to Ukraine’s Army to Help Fight Russian Invasion
Cryptocurrency donations flowing into the Ukrainian military are soaring after Moscow launched a massive offensive early Thursday against several Ukrainian cities, including the capital Kiev. In a 12-hour period, nearly $400,000 in bitcoin was donated to a Ukrainian non-governmental organization ...Verenga zvimwe -
Payments firm Stronghold launches 100 millionUSD investment fund to focus on Web3 and blockchain（USA)
Payments and financial infrastructure company Stronghold announces the launch of Stronghold Capital, a $100 million investment fund that will invest in three core areas: neglected and underrepresented founders and fund managers, payments and fintech ecosystems, Web3 and blockchain chain ecosystem...Verenga zvimwe -
Russian Ministry of Finance Draft: Allows Trading of Cryptocurrencies
On February 22, according to the Russian Ministry of Finance recently submitted to the Russian government a draft federal law on “digital currency”, although Russia will continue to prohibit the use of digital currency as a means of payment in the Russian Federation, citizens are ...Verenga zvimwe -
Charlie Munger: Cryptocurrencies are like ‘STDs’ and should be banned FBI plans to create dedicated virtual asset crime investigation unit(USA)
U.S. Deputy Attorney General Lisa Monaco announced on Thursday local time that the Federal Bureau of Investigation (FBI) is creating a “dedicated team dedicated to cryptocurrencies” called the Virtual Asset Crime Investigation Unit. The division will include cryptographic experts and will have th...Verenga zvimwe -
2021 World Digital Mining Summit ended successfully(USA)
From November 9th to 10th, 2021, thousands of miners from all over the world gathered in Dubai to hold the 2021 World Digital Mining Summit. More than 30 wonderful speeches were held on topics such as mining globalization and the application of clean energy in mining. Nearly 10,000 miners partici...Verenga zvimwe -
BITMAIN Develops Carbon Neutral Strategy While Improving Plans for Enhanced Chip Development
To actively respond to government policies, which is part of the global business strategy of BITMAIN. The company has completed several batches of carbon credit purchases in response to the Chinese government’s carbon-neutral policy. The credits will come from clean energy power generation ...Verenga zvimwe -
Russia: Cryptocurrencies could erode the tax base（USA)
Recently, Daniel Yegorov, head of the Russian Federal Tax Service, said in an interview with local media that cryptocurrencies could cause significant erosion of Russia’s tax base. He said the agency is actively monitoring the cryptocurrency market, looking for ways to deal with the use of crypto...Verenga zvimwe -
U.S. Lawmakers Propose Virtual Currency Tax Fairness Act to Promote Cryptocurrency Payments(USA)
U.S. Representatives Suzan DelBene and David Schweikert introduced the “Virtual Currency Tax Fairness Act of 2022″ on Thursday. The bill was co-sponsored by bipartisan members of Congress Darren Soto and Tom Emmer. The bill “will create a workable structure to tax purchases made...Verenga zvimwe -
Report: Global Cryptocurrency Owners Expected to Exceed 1 Billion This Year(USA)
According to a report by Crypto.com, the number of cryptocurrency owners worldwide is expected to surpass 1 billion by the end of this year. “Countries can no longer ignore the growing public push for cryptocurrencies. In many cases, a more friendly stance to the crypto industry is expected in th...Verenga zvimwe