The Financial Conduct Authority (FCA) in the United Kingdom issued a warning on March 11th, 2022 to Bitcoin and cryptocurrency ATM (CATM) owners that all of their kiosks must be registered with FCA and comply with UK Money Laundering Regulations (MLR).  In a statement, the FCA claims that none of

After a four-month mining ban, crypto miners will now be able to resume operations in Iran. The ban was due to blackouts that began back in December after more than 600 megawatts of energy was being used by illegal mining operations.  However, new mining licenses will be difficult to obtain

While the country of Ukraine has been fighting off a war against invading Russians, Bitcoin and crypto users all around the world have donated their assets to help Ukraine fund their military. To respond and give thanks to the community, Ukraine announced an airdrop which would give back some crypto

Airdropping crypto, a relatively new method of reverse-crowdfunding, could have huge impact in the geopolitical environment. Airdrops typically involve businesses or crypto projects creating tokens or NFTs to give to their communities as a way to monetarily incentivize adoption of a project. Since the Ukraine has been fighting off a

Information included in a recent SEC filing from Bitcoin mining company GRIID revealed details about Intel’s second generation “Bonanza Mine” Bitcoin miner. The mining system, referred to as BMZ2, apparently provides 135 TH/s at 3510W, with an efficiency of 26 J/THs. The miner is priced at nearly

Global self-mining Bitcoin company Bitfarms (NASDAQ: BITF) announced last week that they had entered into a $32M financing deal with crypto-financial services company BlockFi. Under the terms of the agreement, Bitfarms entered into a two-year, 14.5% interest rate, equipment loan for the purchase of 6,100 Bitmain S19j Pro

The debate over proof-of-work mining in the European Parliament has been delayed with energy FUD surrounding Bitcoin mining. The Markets in Crypto-Assets Directive, known as MiCA, was set for vote on February 28th. The agenda was to start negotiations between the body and the Council of the European Union and

China announced an amendment that will allow the courts to jail those found guilty of raising funds via “virtual currency”. China has banned crypto-based fundraising since 2017 and has amended this Criminal Law to increase the punishment to jail sentences which will vary from three years to over ten years