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Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years

Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 YearsAuthorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures suggest. Illegal Crypto Miners in Iran Steal 1.8 Billion kWh of Electricity, Official Says […]

The Graph introduces GRC-20 standard for Web3 data structure

German Stock Exchange Boerse Stuttgart to Provide Crypto Custody Through Licensed Subsidiary

German Stock Exchange Boerse Stuttgart to Provide Crypto Custody Through Licensed SubsidiaryBlocknox, a subsidiary of one of Europe’s largest stock exchanges, Boerse Stuttgart, has been licensed to operate as a crypto custodian in Germany. The authorization will allow the company to offer custody services for digital assets to institutional investors across the Old Continent. Boerse Stuttgart Subsidiary Blocknox to Offer Crypto Custody Services Under Bafin License […]

The Graph introduces GRC-20 standard for Web3 data structure

Uzbekistan Licenses 2 Crypto Exchange Service Providers

Uzbekistan Licenses 2 Crypto Exchange Service ProvidersThe regulatory body overseeing the crypto market in Uzbekistan has issued licenses to two companies that will be providing exchange services. The decision to authorize their activities aims to make it easier for Uzbekistanis to purchase and sell digital currencies, the agency said. 2 Crypto Exchanges Licensed to Trade Coins in Uzbekistan Uzbekistan’s National Agency […]

The Graph introduces GRC-20 standard for Web3 data structure

Uzbekistan Unblocks Popular Russian Crypto Exchange Aggregator

Uzbekistan Unblocks Popular Russian Crypto Exchange AggregatorThe government body overseeing the crypto market in Uzbekistan has restored access to Bestchange.ru, a well-known exchange aggregator in the region. The move comes after earlier this year the regulator blocked a number of coin trading platforms, including Binance. Residents of Uzbekistan Can Again Use the Services of Bestchange.ru Uzbekistan’s National Agency of Perspective Projects […]

The Graph introduces GRC-20 standard for Web3 data structure

Estonia Clarifies Upcoming Regulations, Will Not Ban Crypto Holding or Trading

Estonia Clarifies Upcoming Regulations, Will Not Ban Crypto Holding or TradingThe government of Estonia has approved legislation tailored to improve oversight of its crypto sector which expanded rapidly due to favorable regulations and business climate. The new law, which is yet to be adopted, will introduce stricter requirements for service providers without preventing their clients from owning or exchanging cryptocurrencies. Authorities in Tallinn Draft Stricter […]

The Graph introduces GRC-20 standard for Web3 data structure

Estonia Considers Revoking Crypto Licenses as Government Mulls Tougher Regulations

Estonia Considers Revoking Crypto Licenses as Government Mulls Tougher RegulationsAuthorities in Estonia are working on new legislation expected to stiffen the rules for the country’s cryptocurrency sector. The Baltic nation’s regulator for the industry is considering whether to revoke previously issued crypto licenses and restart authorization from scratch. Licensed Crypto Companies Register Millions in Turnover, Estonia Gets Little With only around 1.3 million people, […]

The Graph introduces GRC-20 standard for Web3 data structure

Iranian Ministry of Industries Denies Power Shortages Are Caused by Illegal Crypto Miners

Iranian Ministry of Industries Denies Power Shortages Are Caused by Illegal Crypto MinersIran’s Ministry of Industries, Mining and Trade has rejected claims blaming illegal cryptocurrency miners for the continuing electricity shortages in the country. The department believes the state-run utility company, Tavanir, has overestimated their role in the power deficit. Illegal Miners Burn Less Energy Than Tavanir Estimates, Ministry of Industries Says An official from the Iranian […]

The Graph introduces GRC-20 standard for Web3 data structure

Nigerian Central Bank Reveals CBDC Guidelines, Announces Plan to Launch E-Naira Wallet

Nigerian Central Bank Reveals CBDC Guidelines, Announces Plan to Launch E-Naira WalletThe Central Bank of Nigeria (CBN) has reportedly confirmed that its e-naira digital currency will have a legal tender and non-interest-bearing asset status. In addition, a limit on customer transactions and value-based transactions will be imposed. Five-Stage Launch According to a Nairametrics report, the new revelations concerning the e-naira’s design as well as the operational […]

The Graph introduces GRC-20 standard for Web3 data structure

Iran Counts 30 Crypto Mining Farms Licensed to Mint Digital Currencies

Iran Counts 30 Crypto Mining Farms Licensed to Mint Digital CurrenciesIranian authorities have so far authorized 30 facilities for cryptocurrency mining. The crypto mining farms are spread across several regions, including Tehran Province. The government has put out the data amid a crackdown on illegal miners in the country. A Third of Authorized Mining Farms Are Based in Two Provinces The Iranian Ministry of Industries, […]

The Graph introduces GRC-20 standard for Web3 data structure