Key Points:Russian authorities discover an illegal crypto mining operation inside a truck.Mining farm used stolen electricity to run 95 rigs.Regulatory focus likely to intensify on illegal mining in Russia.
Russian authorities…
Rampant electricity theft by illegal miners, inconsistent policies and a lack of legal clarity may deter Malaysia from tapping the potential of cryptocurrency mining, according to an industry report released…
Key Points:The EDPB’s guidelines could render Bitcoin illegal across the EU.Blockchain’s immutability challenges GDPR compliance obligations.Significant risks loom for public blockchains using public keys.
Concerns among industry stakeholders are mounting, with…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad DisclosureA former electric‐grid executive in Russia has lost roughly ₽7 million (about $88,570) in Bitcoin after law enforcement…
Russian law enforcers have started seizing Bitcoin (BTC) from illegal crypto miners, amid a widening crackdown.In a press release from the Investigative Department of the Investigative Committee (SKR) for the…
Despite increasing government-backed initiatives promoting Bitcoin adoption, Pakistan’s top financial authorities the State Bank and Ministry of Finance clarified on Thursday that cryptocurrency remains banned, with all related transactions deemed…
Key Points:China tackles illegal financial misinformation with recent crackdowns on accounts.Accounts involved in capital market falsehoods were closed.Cryptocurrency speculation accounts targeted in the crackdown.
China’s Cyberspace Administration, alongside financial regulators, targeted…
Key Points:China shuts down illegal crypto accounts and misinformation websites.
Targeting speculative transactions in virtual currencies.
Closure affects multiple platforms and individual accounts.China Shuts Down Illegal Crypto Accounts…
Key Points:Sichuan authorities disclose forex-crypto operation case in Chengdu.3.9 billion yuan involved in cross-border transactions.21 suspects arrested, signaling increased regulatory scrutiny.
Sichuan Public Security Bureau revealed operations involving illegal cross-border forex…
Russian power engineers say they have developed new methods to help them track down and prosecute illegal crypto miners operating in areas prone to electricity shortages.The Russian media outlet RG…