Crypto miners face energy refusal, restriction in Canadian provinces
Manitoba is extending a moratorium on new power connections, and British Columbia is introducing legislation that could prohibit the provision of power to new miners.
Manitoba is extending a moratorium on new power connections, and British Columbia is introducing legislation that could prohibit the provision of power to new miners.
After a jury found Terraform Labs and Do Kwon liable for fraud in its case with the SEC, the commission filed a motion requesting $5.3 billion in disgorgement and civil penalties.
Michael Welsh and Joseph Watkins, lead attorneys in the SEC lawsuit against crypto platform DEBT Box, resigned after findings of “gross abuse” of power in the case.
The fake letter addressed to U.S. President Joe Biden suggested a 1% wealth tax on crypto holdings exceeding $500,000.
Advocacy group Coin Center has expressed concerns about the Lummis-Gillibrand bill, claiming it would be “bad policy” and potentially unconstitutional.
The South African Reserve Bank has declared goals for 2025 that it needs to pick up speed on.
Kenya’s police force reportedly arrested Nadeem Anjarwalla and may send the Binance executive to Nigeria to face charges with his colleague, Tigran Gambaryan.
Thailand’s decision to block unlicensed firms was inspired by India and the Philippines, which recently banned all offshore exchanges that failed to comply with local regulatory mandates.
Champions of the controversial bill say it’s essential to counter-terrorism efforts, while critics claim it will wreak havoc on U.S. citizens’ privacy.
Terraform co-founder Do Kwon will be released from prison in Montenegro, but will remain in the Balkans as he faces criminal charges brought by authorities in several countries, Odaily Planet Daily reports. Montenegro’s High Court on Friday ordered the confiscation of the South Korean cryptocurrency tycoon’s passport to prevent him from leaving the country, according to Montenegrin daily Vijesti. Following a court order, Kwon will leave Spuž prison on Saturday. Prosecutors opposed Kwon's extradition to South Korea, preferring that he be sent to the United States, where he could face a longer prison term if convicted.