Several Crypto Exchange Websites Taken Down in Kazakhstan

January 26, 2023 Bitcoin.com

Binance

Financial authorities in Kazakhstan have targeted at least five online platforms exchanging cryptocurrencies outside the law. Documents, computer equipment, and cryptocurrency wallets have been seized during searches in the northern part of the country. Kazakhstan’s Financial Watchdog Goes After Unlicensed Crypto Exchange Services The Financial Monitoring Agency (FMA) of the Republic of Kazakhstan has dismantled […]

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Russia Cracking Down on Crypto Miners Minting in Residential Areas

December 14, 2022 Bitcoin.com

Ban

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 are detecting their increased consumption and trying to make them pay at commercial rates. Amateur Crypto Miners in Russia Under Pressure Despite Lack of Regulation for Home Mining Electricity distribution […]

Crypto Trader Says Top Ethereum Rival Primed for Massive Bull Run Ahead, Updates Outlook on Bitcoin

California Launches Crackdown on 11 Crypto Firms Accused of Operating Ponzi Schemes

September 28, 2022 Bitcoin.com

11 crypto firms

The California Department of Financial Protection and Innovation (DFPI) has cracked down on 11 cryptocurrency companies that are accused of violating California securities laws. Nine of the firms reportedly solicited funds from investors in order to trade cryptocurrencies on the customer’s behalf. One of the accused companies pitched an alleged metaverse software development scheme, and […]

Crypto Trader Says Top Ethereum Rival Primed for Massive Bull Run Ahead, Updates Outlook on Bitcoin

Trudeau Criticizes Opponent’s Crypto Advice, Kiyosaki Pushes the Assets Ahead of the ‘Biggest Economic Crash in History’ — Bitcoin.com News Week in Review

September 18, 2022 Bitcoin.com

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Canadian Prime Minister Justin Trudeau has criticized the new leader of the Conservative Party of Canada for his supposedly irresponsible crypto advice, as Rich Dad Poor Dad author Robert Kiyosaki gives cryptocurrency advice of his own ahead of what he sees as the “biggest economic crash in history.” Also, the U.S. SEC is setting up […]

Crypto Trader Says Top Ethereum Rival Primed for Massive Bull Run Ahead, Updates Outlook on Bitcoin

Afghanistan Closes Down 16 Cryptocurrency Exchanges, Arrests Operators

August 26, 2022 Bitcoin.com

Afghan

Law enforcement in Afghanistan has shut down over a dozen crypto exchanges in Herat, detaining the people who were running them. The offensive comes after the introduction of a ban on online foreign exchange that the Taliban seem to have applied to coin trading as well. Taliban Government Goes After Crypto Trading in Afghanistan Citing […]

Crypto Trader Says Top Ethereum Rival Primed for Massive Bull Run Ahead, Updates Outlook on Bitcoin

Chinese Tech Giant Tencent to Shut Down NFT Platform Amid Trading Restrictions

July 22, 2022 Bitcoin.com

Alibaba

China’s Tencent Holdings plans to shut down its non-fungible token (NFT) platform Huanhe only a year after its launch. The social media giant has reportedly made the decision because of the strict ban on the resale of NFTs imposed by the authorities in Beijing. Huanhe to Close Down a Year After Launch as China Curbs […]

Crypto Trader Says Top Ethereum Rival Primed for Massive Bull Run Ahead, Updates Outlook on Bitcoin

Number of Busted Illegal Crypto Mining Farms in Iran Nears 7,000

May 14, 2022 Bitcoin.com

bitcoin farms

Authorities in Iran have shut down close to 7,000 unauthorized facilities for cryptocurrency mining in the past two years, local media revealed. According to a report, most of the illegal bitcoin farms were concentrated in five provinces of the Islamic Republic, including Tehran. Iran Continues Crackdown on Unlicensed Cryptocurrency Mining Iranian officials have unplugged and […]

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Malaysia Detains Over 600 People for Stealing Electricity to Mine Cryptocurrency

March 30, 2022 Bitcoin.com

$POWER

In the past two years, law enforcement authorities in Malaysia have arrested hundreds of individuals for theft of electricity allegedly used to mint digital currencies. The country’s police force has also confiscated equipment worth millions of dollars. Malaysia Police Announce Results From Crackdown on Illegal Mining Since 2020, Malaysian authorities have detained a total of […]

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Kazakhstan Police Shut Down Another Crypto Farm Amid Ongoing Crackdown on Mining

March 22, 2022 Bitcoin.com

bitcoin.com

Law enforcement officers in Kazakhstan have busted another mining facility as they continue to crack down on illegal activities in the sector. The crypto farm, located at a railway station, is the latest targeted mining operation in the country which has been struggling with its power deficit. Authorities in Kazakhstan Seize Over 100 Mining Rigs […]

Crypto Trader Says Top Ethereum Rival Primed for Massive Bull Run Ahead, Updates Outlook on Bitcoin

Kazakhstan Shuts Down Over 100 Crypto Mining Farms

March 16, 2022 Bitcoin.com

bitcoin.com

More than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector. Authorities have revealed that some of the facilities are linked to prominent businessmen and former government officials. Financial Watchdog Goes After Crypto Miners Across Kazakhstan The rapid expansion of crypto mining in Kazakhstan, since last […]

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