Russian authorities are now prosecuting miners extracting cryptocurrency using subsidized electricity for the population, according to a top official from the energy ministry. Power utilities
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Full Ban on Crypto in Russia Would Be Counterproductive, Rosfinmonitoring Says
Russian citizens and businesses already own cryptocurrencies, which is why a complete crypto ban would be counterproductive, according to a top executive of Rosfinmonitoring, Russia’s
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ECB official proposes ban on tokens with an ‘excessive ecological footprint’
EU officials previously rejected an outright ban on crypto mining, but the Markets in Crypto Assets bill could require firms to report any potential environmental
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New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective
Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A
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New York Governor Signs Law Partially Banning Bitcoin Mining on Fossil Fuels
A moratorium on some crypto mining operations relying on carbon-based energy has been signed into law in New York. Businesses engaged in proof-of-work mining in
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Crypto Exchanges Must Comply With Russia Sanctions, Singapore Central Bank Says
The Monetary Authority of Singapore (MAS) has reiterated that cryptocurrency exchanges need to conform to restrictions on Russian users imposed over Moscow’s invasion of Ukraine.
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