Browse By

Tag Archives: government

China province cuts power from 26 bitcoin mining farms

China province cuts power from 26 bitcoin mining farms

Chinese authorities in Sichuan province forced energy distributors in the region to cut the supply for 26 bitcoin mining farms on Thursday (18), according to information from The Block. Mining companies had to turn off their machines to undergo an inspection that should last until

Bitcoin price is recovering after China new cryptocurrencies ban

Bitcoin price is recovering after China new cryptocurrencies ban

On Tuesday, China banned financial institutions and payment companies from providing services related to bitcoin and other cryptocurrencies transactions. Comparing with the previous ban issued in 2017, the new rules expanded the scope of prohibited services, and determined that “virtual currencies are not supported by

SEC: It would be a foolish thing for the government to ban bitcoin

According to SEC Commissioner Hester Peirce, the US government could certainly try to ban Bitcoin but doing so would be “foolish.” SEC Commissioner Hester Peirce (Image: Wall Street Journal) During a MarketWatch virtual discussion panel, “How to Invest in Crypto,“ the famous Bitcoin-friendly lawyer –

Huawei blames US government for components scarcity problem

Huawei blames US government for components scarcity problem

There is less and less hope that the problem of components scarcity will be solved in the short and medium term. Several of the world’s largest manufacturers have already assumed that the outlook is not at all easy. Huawei blames US government for components scarcity