Crypto Mining

Highlights: Russia has passed a law to regulate digital currency turnover and mining activities. The legislation allows banning mining in specific areas and regulating supporting infrastructure. Various federal agencies can now track digital currency transactions for potential illicit activities. According […]

Highlights: Russia plans to tax crypto miners on coins, even if they have not been sold yet. A new two-stage tax system could increase transparency and regulate mining activities. Home-based miners must report earnings and register under the proposed FNS […]

Highlights: Russia has embraced crypto mining with newly enacted legislation by the nation’s president. The new law became a necessity to salvage the country’s dwindling economy. The global crypto market displayed strength with over 5% appreciations in the past 24 […]

Highlights: Authorities in Paraguay seized 550 Bitcoin miners this week, targeting illegal mining that evades power fees. Two large illegal mining operations were shut down in Paraguari and Canindeyu departments. The government urges strict penalties, including jail time, to curb […]