August 17, 2022

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All Articles

China warns state-owned enterprises to cease involvement in Bitcoin mining

By Arnold Kirmi,

China is considering imposing harsh penalties on state-owned firms that continue mining cryptocurrencies.

China is pressuring its own state-owned businesses to cease mining cryptocurrencies, and the government is considering harsh penalties on firms that continue, including higher energy expenses.

According to reports, Meng Wei, a spokesperson for the National Development and Reform Commission (NDRC), said at a press conference that as China’s top economic planner, the NDRC intends to regulate industrial-scale Bitcoin (BTC) mining and any involvement by state businesses in the activity. The NDRC, which is in charge of policymaking for mining, has reportedly recently organized a...

Israel reportedly adopts new AML rules for crypto

By Helen Partz,

The Israeli government is now reportedly in the process of reviewing several crypto firms to issue operating licenses.

Israel has reportedly enacted new...

Australian green energy Bitcoin mining firm doubles pre-IPO funding round

By Osato Avan-Nomayo

Iris Energy has upped its target for its second-IPO funding round.

Iris Energy, an Australian firm that invests in Bitcoin (BTC) mining data centers...

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