Crypto News
Russia Imposes 6-Year Ban on Crypto Mining in 10 Regions, Citing Energy Use: Tass
The Russian government imposed a six-year ban on crypto mining in 10 regions due to the industry's high power consumption, Tass reported.The ban, which includes participation in a mining pool and temporary restrictions in other regions during periods of peak demand, takes effect Jan. 1 and ends March 15, 2031, Tass said, citing a decision by the Council of Ministers.The country legalized crypto mining in July, with the law taking effect last month. Russia bans the use of cryptocurrencies as legal tender for regular payments internally, but does allow cross-border payments with crypto in an attempt to evade sanctions imposed after it invaded Ukraine.The regions affected by the ban include Dagestan, North Ossetia and Chechnya, and can be altered depending...
BitMEX to Launch XBTG25 Bitcoin-Margined Futures
BitMEX announces the launch of a new XBT futures contract, XBTG25, starting December 24, 2024. This Bitcoin-margined contract will offer up to 100x leverage. (Read More)Source link
Voice AI Revolution: Transforming Communication and Education
Explore how Voice AI is reshaping communication, education, and accessibility, offering intuitive technology experiences worldwide. Learn about its potential and the need for responsible use. (Read More)Source link
Sui Network’s Remarkable DeFi Expansion in 2024
Sui Network's DeFi ecosystem saw significant growth in 2024, with increased institutional interest, stablecoin offerings, and innovations like DeepBook V3 and Sui Bridge. (Read More)Source link
Crypto Remittances Grow In El Salvador Reaching 1% Share
The Reserve Central Bank has confirmed that the cryptocurrency usage for remittances in El Salvador is still marginal at best. According to recent data released by the institution, crypto remittances registered a growth of 2.5% between January and August, but still account for just 1% of all the volumes transferred to Salvadorans from abroad. OneSource link