A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained
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Proactive sanctions can help spare the ecosystem: Chainalysis exec
Andrew Fierman highlighted the nuances of sanctions depending on who is involved, what is at stake and where they’re coming from.
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Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs
During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has
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Kraken settles with US Treasury’s OFAC for violating US sanctions
The U.S.-based crypto exchange agreed to pay more than $362,000 as part of a deal “to settle its potential civil liability” related to violating sanctions
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Natural Gas Price Hike Hits Crypto Miners in Iran
Companies using natural gas as a power source to mint digital currency in Iran will have to deal with a sharp increase in the price
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US Treasury Charges Bittrex With Sanctions Violations, Crypto Exchange Agrees to Settle With Regulator
On October 11, the U.S. Treasury department’s Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) announced that it has settled
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