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Crypto Mining Banned in Venezuela, Thousands of Machines Seized
The government of Venezuela has joined forces with the national electrical system to identify and disconnect crypto mining farms from the power grid in the course of the coming few days. The Venezuelan Ministry of Electrical Energy (MPPPE) has already kick started a power supply control plan to bust crypto mining clusters.
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Karnataka High Court Bans Mining Around KRS Dam, Warns Of "Colossal Hazard"
The ban issued on Monday will be in force till the Central Institute of Mining and Fuel Research, Dhanbad, conducts a dam safety survey.
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The Crucial Role Of Outlawed Rat-Hole Mining In Uttarkashi Tunnel Rescue
A mining practice banned for being unsafe has come to the aid of the 41 workers trapped inside an Uttarakhand tunnel after high-tech, imported machines broke down during the long-drawn operation
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US Government May Impose Disciplinary 30 Percent Taxes on Crypto Miners: Details
The US is mulling on imposing a punitive tax on companies and individuals indulging in crypto mining in the country. Soon, the US could ask crypto miners to pay a tax equal to 30 percent of the total energy cost that they consume in mining cryptocurrencies.
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China is Missing Fintech Opportunities Banning Crypto, Warns Economist
Huang Yiping, the former advisor to the People’s Bank of China (PBOC), has voiced concerns that China is losing next-gen fintech opportunities, that other parts of the world are already experimenting with. In Yiping’s opinion, opportunities in exploring the ‘very valuable’ blockchain technology.
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New York Becomes First US State to Limit and Even Ban Some Forms of Crypto Mining
New York is taking a step to tap the brakes on the spread of cryptocurrency mining, under legislation that Governor Kathy Hochul signed Tuesday. The measure comes amid growing scrutiny of the cryptocurrency industry following this month’s collapse of the FTX exchange.
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"I Bow Down...": What Outgoing Chief Justice NV Ramana Said On Last Day In Office
On his final day as CJI, NV Ramana delivered judgements on the PIL seeking a ban on 'election freebies', the 2007 Gorakhpur riots case, the Karnataka mining case, Rajasthan mining lease issue and liquidation regulations under bankruptcy law
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Stone Mining Protest: Family Of Dead Rajasthan Seer To Get Rs 5 Lakh Aid
Chief Minister Ashok Gehlot on Saturday announced a financial assistance of Rs 5 lakh to the family members of seer Vijay Das who died after setting himself on fire in a protest demanding ban on mining in Deeg town of Rajasthan's Bharatpur district.
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Stone Mining Protest: Sadhu Sets Himself Afire In Rajasthan's Bharatpur
A sadhu set himself afire amid a protest over illegal stone mining in Bharatpur's Deeg on Wednesday, a day after another seer climbed atop a mobile tower demanding a ban on it.
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Russian President Vladimir Putin Signs Law That Bans Crypto Use for Digital Payments
Russian President Vladimir Putin today signed a bill that prohibits using digital assets in the country, including cryptocurrency and non-fungible tokens (NFTs), to pay for goods and services.
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China's Bitcoin Mining Activity Sees Major Resurgence Despite Ban, Shows Data
China has re-emerged as a major bitcoin mining hub, despite the country’s complete ban on the practice a year ago, according to data from the Cambridge Centre for Alternative Finance (CCAF).
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New York’s Plans to Shun Non-Green Crypto Miners Triggers Opposition from Fellow Lawmakers
Some US lawmakers are not supporting the idea to hinder crypto mining operations on account of their environmental impacts right away. A bill, asking for a two-year ban on new crypto miners who are contributing to carbon emissions is making the rounds in the New York state of America. Opponents of this proposal have pitched giving crypto miners a c...
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World Running Out Of Sand And UN Says It Is Pretty Concerning
The UN report, released last week, called for urgent action to avert a "sand crisis," including a ban on beach extraction.
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Russia Likely to Legalise Crypto Mining from Home in Coming Days, Government Official Hints
Crypto mining from homes could become legal in Russia in the coming months. Alexey Yakovlev, the deputy director of Russia’s Financial Policy Department has said that imposing a ban on crypto mining from people’s homes is a tough task to execute. Russian lawmakers are working on a regulatory framework to govern crypto mining.
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India Bans Offsetting Loss On One Crypto With Gain From Another
The government has tightened norms for crypto by disallowing losses incurred in a particular digital asset to be set off against income from another version of a crypto holding, junior finance minister said on Monday.
-
Crypto Mining Banned in Venezuela, Thousands of Machines Seized
The government of Venezuela has joined forces with the national electrical system to identify and disconnect crypto mining farms from the power grid in the course of the coming few days. The Venezuelan Ministry of Electrical Energy (MPPPE) has already kick started a power supply control plan to bust crypto mining clusters.
-
Karnataka High Court Bans Mining Around KRS Dam, Warns Of "Colossal Hazard"
The ban issued on Monday will be in force till the Central Institute of Mining and Fuel Research, Dhanbad, conducts a dam safety survey.
-
The Crucial Role Of Outlawed Rat-Hole Mining In Uttarkashi Tunnel Rescue
A mining practice banned for being unsafe has come to the aid of the 41 workers trapped inside an Uttarakhand tunnel after high-tech, imported machines broke down during the long-drawn operation
-
US Government May Impose Disciplinary 30 Percent Taxes on Crypto Miners: Details
The US is mulling on imposing a punitive tax on companies and individuals indulging in crypto mining in the country. Soon, the US could ask crypto miners to pay a tax equal to 30 percent of the total energy cost that they consume in mining cryptocurrencies.
-
China is Missing Fintech Opportunities Banning Crypto, Warns Economist
Huang Yiping, the former advisor to the People’s Bank of China (PBOC), has voiced concerns that China is losing next-gen fintech opportunities, that other parts of the world are already experimenting with. In Yiping’s opinion, opportunities in exploring the ‘very valuable’ blockchain technology.
-
New York Becomes First US State to Limit and Even Ban Some Forms of Crypto Mining
New York is taking a step to tap the brakes on the spread of cryptocurrency mining, under legislation that Governor Kathy Hochul signed Tuesday. The measure comes amid growing scrutiny of the cryptocurrency industry following this month’s collapse of the FTX exchange.
-
"I Bow Down...": What Outgoing Chief Justice NV Ramana Said On Last Day In Office
On his final day as CJI, NV Ramana delivered judgements on the PIL seeking a ban on 'election freebies', the 2007 Gorakhpur riots case, the Karnataka mining case, Rajasthan mining lease issue and liquidation regulations under bankruptcy law
-
Stone Mining Protest: Family Of Dead Rajasthan Seer To Get Rs 5 Lakh Aid
Chief Minister Ashok Gehlot on Saturday announced a financial assistance of Rs 5 lakh to the family members of seer Vijay Das who died after setting himself on fire in a protest demanding ban on mining in Deeg town of Rajasthan's Bharatpur district.
-
Stone Mining Protest: Sadhu Sets Himself Afire In Rajasthan's Bharatpur
A sadhu set himself afire amid a protest over illegal stone mining in Bharatpur's Deeg on Wednesday, a day after another seer climbed atop a mobile tower demanding a ban on it.
-
Russian President Vladimir Putin Signs Law That Bans Crypto Use for Digital Payments
Russian President Vladimir Putin today signed a bill that prohibits using digital assets in the country, including cryptocurrency and non-fungible tokens (NFTs), to pay for goods and services.
-
China's Bitcoin Mining Activity Sees Major Resurgence Despite Ban, Shows Data
China has re-emerged as a major bitcoin mining hub, despite the country’s complete ban on the practice a year ago, according to data from the Cambridge Centre for Alternative Finance (CCAF).
-
New York’s Plans to Shun Non-Green Crypto Miners Triggers Opposition from Fellow Lawmakers
Some US lawmakers are not supporting the idea to hinder crypto mining operations on account of their environmental impacts right away. A bill, asking for a two-year ban on new crypto miners who are contributing to carbon emissions is making the rounds in the New York state of America. Opponents of this proposal have pitched giving crypto miners a c...
-
World Running Out Of Sand And UN Says It Is Pretty Concerning
The UN report, released last week, called for urgent action to avert a "sand crisis," including a ban on beach extraction.
-
Russia Likely to Legalise Crypto Mining from Home in Coming Days, Government Official Hints
Crypto mining from homes could become legal in Russia in the coming months. Alexey Yakovlev, the deputy director of Russia’s Financial Policy Department has said that imposing a ban on crypto mining from people’s homes is a tough task to execute. Russian lawmakers are working on a regulatory framework to govern crypto mining.
-
India Bans Offsetting Loss On One Crypto With Gain From Another
The government has tightened norms for crypto by disallowing losses incurred in a particular digital asset to be set off against income from another version of a crypto holding, junior finance minister said on Monday.
