Instagram lead person, Adam Mosseri, was summoned to the US Congress in December. As The New York Times reports, this visit by Mosseri is potentially related to the effect of the social network on the mental health of younger people (especially among girls). Remember that
As the Chinese government continues to fight cryptocurrencies, officials have discovered how the country’s citizens use the technology to bypass government restrictions and send money out of the country. As the Chinese government recently announced, many citizens are using cryptocurrencies to send money abroad, especially
Kazakhstan’s President Kassym-Jomart Tokayev has proposed building a nuclear power plant to sustain the growth of the cryptocurrency mining industry amid the energy crisis the country is facing. The nuclear alternative to supply the country’s energy system is quite unpopular among citizens. Even so, President
There are a number of Japanese companies interested in creating Japan’s first cryptocurrency. Reuters says that a consortium of approximately 70 Japanese companies is aiming to launch a yen-based cryptocurrency in 2022. Unlike other cryptocurrencies, which are not regulated, this digital currency – which for
Former Secretary of State Hillary Clinton has warned that the United States must act to regulate cryptocurrencies in the face of “handling” by state and non-state actors of these assets and other technologies to destabilize the dollar. In an interview with MSNBC TV presenter Rachel
The US Internal Revenue Service (or IRS) has published a report that details the degree to which cryptocurrencies appear in criminal investigations. According to the report, 93% of all confiscations carried out by the Criminal Investigations (or CI) team involve cryptocurrencies. In total, $3.5 billion
The government of India has been undecided about regulating or banning Bitcoin (BTC) and other cryptocurrencies. But now, new information suggests that the South Asian country will finally allow BTC as an asset, like gold and bonds. However, on the other hand, the Indian government
The Central Commission for Discipline Inspection (CCDI), China’s government’s leading anti-bribery body, expelled a high-ranking Communist Party official in Jiangxi Province for alleged corruption linked to bitcoin mining activity. The information is from the South China Morning Post (SCMP), in a publication made this Saturday
US President Joe Biden signed a law that effectively prevents Huawei and ZTE from submitting applications to receive licenses, even if no federal funds are involved. By 2020, the two Chinese companies had already been subject to restrictions by the Biden administration, but until now,
In a recently released statement, the Swedish Financial Supervisory Authority proposed a ban on cryptocurrency mining in European Union countries. According to the regulator, mining activity for Bitcoin and other cryptoactives based on the Proof of Work (PoW) algorithm could prevent the country and the