Norway’s Kjos family, co-founders of Norwegian Air, plans to add crypto payments once it launches its own exchange in August. Bitcoin (BTC) payments should be coming to Norway’s low-cost airline Norwegian Air this year, after its co-founders set a date for opening their own cryptocurrency exchange. According to local finance newspaper Dagens Næringsliv, the Kjos […]
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The Iranian Economic Commission has reportedly finalized a power pricing scheme for cryptocurrency miners. The Iranian Economic Commission has reportedly finalized a tariff scheme for cryptocurrency miners, according to a July 21 report from Iranian economic daily Financial Tribune. Per the report, Energy Minister Homayoon Ha’eri announced that, while the tariff scheme has been finalized, […]
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Regulatory pressures continue to have an effect on the most popular countries to mine cryptocurrencies. A move by the Iranian government to cut off the power supply to local Bitcoin (BTC) miners grabbed headlines in June amid a soaring price gain by the preeminent cryptocurrency. As Bitcoin surged to prices not seen since 2017, a […]
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An official at Iran’s Ministry of Energy said that the authorities will have to cut off power to crypto mining due to energy overconsumption. The Iranian government will be cutting off power to crypto mining until new energy prices are approved, according to a report by local news agency Iran Daily on June 24. Mostafa […]
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Blockchain businesses will be able to receive up to $86,800 in relief on rent bills under new measures brought in by Fuzhou, China. Fuzhou, China is offering rent subsidies to blockchain businesses in a bid to accelerate the industry’s growth, the state-run People’s Daily reported on June 11. The incentive is part of three measures designed to […]
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Iran’s deputy energy minister said that electricity bills for digital currency miners should be calculated in accordance to real prices. The deputy energy minister of Iran has said that electricity bills for digital currency miners should be calculated in accordance to real prices, Iranian economic daily newspaper Financial Tribune reported on June 9. Iran’s deputy […]
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Telangana plans to establish the country’s ostensibly first blockchain district by offering tax relief, resource subsidies and financial grants. The Southern Indian state of Telangana plans to establish the country’s ostensibly first blockchain district, local newspaper The Hindu Business Line reported on May 27. The planned district will reportedly aim to establish an ecosystem for […]
Continue ReadingRidesharing app Lyft is partnering with Estonian blockchain startup Solve.Care to tokenize healthcare-related transport arrangements. Ridesharing app Lyft has partnered with blockchain startup Solve.Care to tokenize healthcare-related transport arrangements. The development was announced in a press release from Solve.Care on March 4. Estonia-based Solve.Care is a decentralized, blockchain-powered platform that focuses on enhancing healthcare administration […]
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Mongolia’s capital city administration is set to replace utility bills and government subsidies with blockchain-based payment methods. Mongolia’s capital city of Ulaanbaatar has partnered with a stablecoin company to release instant money transfer and lending services, Asia’s largest tech media platform e27 reported on Jan. 11. Ulaanbaatar City’s administration has agreed to partner with a […]
Continue ReadingThe government of Abkhazia has cut off power to 15 crypto mining farms due to concerns over electricity consumption. The government of the Republic of Abkhazia has cut power to some cryptocurrency mining farms due to electricity concerns, state electric utility Chernomorenergo RUE announced in a Facebook post on Dec. 31. Per the announcement, Chernomorenergo […]
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