Iran faces illegal crypto mining crisis with 95% unauthorized operations

Widespread Unauthorized Mining Operations Iran’s cryptocurrency mining sector is grappling with a significant illegal mining problem that’s putting strain on the country’s power infrastructure. According to recent official statements, more than 95% of the nation’s 427,000 active mining devices are operating without proper authorization. That’s a staggering number when you think about it – nearly…

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Telegram’s Wallet service receives Uzbekistan license for crypto operations

Telegram expands crypto services to Uzbekistan market Telegram’s Wallet service has secured official licensing in Uzbekistan, allowing the platform to offer cryptocurrency services to local users. This approval means that Uzbekistan-based Telegram users can now access digital assets directly through the app’s integrated wallet feature. I think this represents a significant step for Telegram’s crypto…

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Dutch Crypto Companies Feeling Pressure From AMLD5

Smaller crypto businesses in the Netherlands face uncertain times as the Dutch National Bank (DNB) enforces its interpretation of the European Union’s fifth anti-money laundering directive (AMLD5).Despite stringent enforcement of the AML directive, the DBN claims the country remains crypto-friendly and plans to lead the development of a central bank digital currency (CBDC) within the…

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Australia Aiming High: Unveiled Token Mapping Consultation Paper, Foresees Crypto Rule Framework Launch in 2023

Australia Aiming High: Unveiled Token Mapping Consultation Paper, Foresees Crypto Rule Framework Launch in 2023

Australia has recently unveiled a consultation paper on token mapping, further cementing its commitment to regulating the crypto space. This move is set to pave the way for revealing an official framework by 2023. which will outline laws and regulations regarding the usage of digital assets in the country. According to experienced professionals, this proactive…

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Investro Fund A New Step On Automated Social Trading

Investro Fund A New Step On Automated Social Trading

THE BLOCKCHAIN DISRUPTION Since its appearance in 2008, Blockchain Technology has already proved that it can transform every business landscape across almost every industry. The disruption caused by this technology has motivated the developer community worldwide to make constant improvements to boost society’s adaptation. However, that is not an easy task. THE USEFULNESS DILEMMA Usefulness…

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Shard Labs Brings MATIC Liquid Staking Solution, LIDO, to Polygon

Shard Labs Brings MATIC Liquid Staking Solution, LIDO, to Polygon

Users will be able to easily and securely stake their Polygon MATIC tokens and earn rewards DUBAI, UAE / ACCESSWIRE / September 2, 2021 / Polygon, an Ethereum-based full-stack scaling solution bringing mass adoption to the Ethereum platform, today announces that Shard Labs, a full-cycle blockchain-focused startup, has chosen Polygon to develop a liquid staking protocol for…

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