Paraguay floats temp crypto mining ban as illegal ‘farms’ cripple grid

Paraguay floats temp crypto mining ban as illegal ‘farms’ cripple grid

Paraguay lawmakers have proposed a bill to temporarily ban crypto mining and related activities in the South American nation, saying illegal crypto mines are stealing power and interrupting the electricity supply. The... Read more »
Illegal Crypto Mining Farm Unearthed in Karakol House

Illegal Crypto Mining Farm Unearthed in Karakol House

Authorities in Issyk-Kul have made a significant breakthrough in the battle against illegal cryptocurrency mining operations. In a collaborative effort, the State National Security Committee and the Karakol district electric grid company... Read more »
Crypto Trading, Investing Illegal in Iran, Central Bank Governor Reiterates – Regulation Bitcoin News

Crypto Trading, Investing Illegal in Iran, Central Bank Governor Reiterates – Regulation Bitcoin News

It is against the law to purchase or promote cryptocurrency in Iran, the pinnacle of the nation’s financial authority has just lately reminded residents and companies. The governor famous, nevertheless, that mining... Read more »
Illegal forex Bitcoin ‘Kimchi Premium’ trading probed in S.Korea

Illegal forex Bitcoin ‘Kimchi Premium’ trading probed in S.Korea

Prosecutors in South Korea are reportedly investigating international remittances of over 2 trillion Korean gained (US$1.5 billion) on the nation’s banks on suspicions of cash laundering by crypto speculators. See associated article:... Read more »
Bitcoin ban: African countries where crypto is restricted or illegal

Bitcoin ban: African countries where crypto is restricted or illegal

Due to its excessive volatility, its use in nefarious transactions and the exorbitant use of electrical energy to mine it, the authorized standing of the digital forex varies considerably from nation to... Read more »
Number of Busted Illegal Crypto Mining Farms in Iran Nears 7,000 – Mining Bitcoin News

Number of Busted Illegal Crypto Mining Farms in Iran Nears 7,000 – Mining Bitcoin News

Authorities in Iran have shut down near 7,000 unauthorized amenities for cryptocurrency mining in the previous two years, native media revealed. According to a report, most of the unlawful bitcoin farms had... Read more »
Bitcoin Fixes Illegal Gold Mining In The Amazon

Bitcoin Fixes Illegal Gold Mining In The Amazon

Puerto Maldonado in Peru’s Madre de Dios province looks like a frontier city. Dusty streets, ramshackle buildings, new development and the hustle and bustle of people that need to make it. Tourists... Read more »
Iran Capital Officials Tack on Harsher Punishments for Illegal Crypto Mining

Iran Capital Officials Tack on Harsher Punishments for Illegal Crypto Mining

An official from Iran’s Power Generation, Distribution, and Transmission Company (identified underneath Tavanir) introduced that the federal government would move new rules to extra harshly punish unlawful crypto mining utilizing backed electrical... Read more »
China Says All Crypto Transactions Illegal: Bitcoin Tumbles

China Says All Crypto Transactions Illegal: Bitcoin Tumbles

China’s central financial institution declared on Friday that each one transactions which contain Bitcoin and different digital currencies are unlawful, thus a marketing campaign was achieved to dam the usage of unlawful... Read more »
Bitcoin ban: These are the countries where crypto is restricted or illegal

Bitcoin ban: These are the countries where crypto is restricted or illegal

Bitcoin has been controversial since its starting in 2009, as have the subsequent cryptocurrencies that adopted in its wake. While broadly criticised for its volatility, its use in nefarious transactions and for... Read more »