Key Takeaways: Proposed Legislation: Paraguay is considering a law to ban Bitcoin mining for 180 days or until new regulations are established, aiming to curb illegal mining operations but risking over $200... Read more »
The Paraguayan economy could lose more than $200 million annually if the country’s lawmakers pass a recently introduced bill to ban crypto mining in the country. Lawmakers introduced the draft bill on... Read more »
Paraguay considers a temporary crypto ban. Authorities cite negative consequences from mining activity. Mining advocates warn that a ban will have little effect. Despite the innovative and economic benefits of digital assets,... Read more »
Source: Adobe / Husamex Turkey is taking steps to toughen its crypto regulations in an effort to convince the Financial Action Task Force (FATF), an international financial crime watchdog, to remove it... Read more »
US-based crypto exchanges such as Coinbase Global Inc. would need to disclose detailed information about clients’ transactions to the Internal Revenue Service starting from 2026 under new proposed regulationsissued by the Treasury... Read more »
Several prominent crypto commentators have criticized the new crypto tax reporting rules recently put forth by United States President Joe Biden. On Aug. 25, to catch crypto users avoiding taxes, the Internal... Read more »
Advisors to the Kremlin have recommended that residence crypto mining needs to be banned in Russia, or in a few of its areas. The acknowledged motive for the proposal is to stop... Read more »
Kentucky’s Public Service Commission (PSC) is opening formal proceedings to examine two proposed contracts that may give lowered electrical energy charges to new cryptocurrency mining operations within the state, in accordance to... Read more »
It’s not fairly Crypto Espresso, extra like Blockchain Beer O’clock, however nonetheless right here’s some fast, frothy information to steer you into the weekend… Kicking issues off with the newest Merge information... Read more »
On June 6, 2022, United States Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) launched the first major bipartisan bill intended to regulate digital assets. Interestingly, the invoice calls for extra info... Read more »