1 / 1 Relevant items tagged with #Region

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Egypt Struggles With Skyrocketing Inflation and Depreciating Currency, While Bitcoin Nears Record High in the Country

[Jul 10, 2023 4:00 PM] According to the Egyptian Statistics Bureau, Egypt’s annual inflation rate hit 36.8% in June, a staggering 33.7% increase from May’s inflation rate, breaking records. Egypt, the world’s 14th most populous country, grapples with…

Hong Kong to Have Tight Crypto Regulations, Head of Monetary Authority Says

[May 10, 2023 2:30 AM] Companies attracted by the plan to turn Hong Kong into a hub for digital assets should expect strict regulations, the region has indicated. Authorities are preparing new licensing rules for service providers working with cryptocurrencies and…

Binance Opens Regional Blockchain Hub in Georgia

[Mar 30, 2023 1:00 AM] Crypto exchange Binance has announced the opening of a blockchain hub in Georgia which will promote cryptocurrency adoption in the region. The move comes on the backdrop of a number of partnerships, initiatives, and events the company is involved…

At Least 1,000 Lawsuits Filed Against Crypto Miners in Russia’s Irkutsk Region

[Feb 13, 2023 7:30 PM] Authorities in the Russian region of Irkutsk have so far filed 1,000 lawsuits against what they call “gray” miners, or people minting coins in their homes. In over half of these cases, courts have ordered the defendants to compensate the operators…

Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand

[Dec 1, 2022 12:30 AM] Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric generation and attracts miners with low electricity rates, fears it…

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