inspections

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 […]

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TRON DAO at Cornell Blockchain Conference

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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TRON DAO at Cornell Blockchain Conference

Kazakhstan Cracks Down on Illegal Mining, Busts 13 Crypto Farms

February 23, 2022 Bitcoin.com

$POWER

Authorities in Kazakhstan have gone after illegal crypto mining operations amid ongoing issues with electricity supply. Working together with law enforcement, the country’s energy ministry announced the closure of over a dozen facilities minting digital currencies. Government Shuts Down Unauthorized Crypto Mining Operations Across Kazakhstan Local departments of the Committee for Atomic and Energy Supervision […]

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TRON DAO at Cornell Blockchain Conference

Kazakhstan President Orders Government to Find All Miners and Raise Tax by April

February 10, 2022 Bitcoin.com

$POWER

President of Kazakhstan Kassym-Jomart Tokayev has instructed authorities to identify all crypto mining enterprises and increase the electricity surcharge they are required to pay. The state is not against legal mining activities, but crypto farms should be licensed and taxed, Tokayev insisted. Miners in Kazakhstan to Pay Higher Electricity Tariffs On top of electricity shortages […]

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TRON DAO at Cornell Blockchain Conference

Power Outages in Russia’s Irkutsk Region Blamed on Home Miners

January 2, 2022 Bitcoin.com

$POWER

Russians mining cryptocurrency in their homes have been blamed for the problems with the electricity supply in Irkutsk. Power outages have become a frequent occurrence in the region which maintains the lowest electricity rates in Russia. Subsidized household energy has turned mining into a source of income for many locals. Electricity Consumption Spikes Amid Spread […]

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TRON DAO at Cornell Blockchain Conference

Federal Security Service of Russia Seeks Powers to Obtain Information From Crypto Platforms

October 31, 2021 Bitcoin.com

anti-corruption

The Federal Security Service of the Russian Federation has issued a draft order allowing its agents to request information from cryptocurrency platforms among other organizations. The move follows changes made to the anti-corruption legislation in Russia, the agency noted. FSB Wants Access to Crypto Data for Anti-Corruption Checks in Russia Russia’s main law enforcement agency, […]

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TRON DAO at Cornell Blockchain Conference