India Won’t Recognize BTC As Currency, Nor Does It Collect BTC Transaction Data

India continues its flirtation with Bitcoin and other cryptocurrencies. The Indian Parliament’s winter sessions started, and, as it turns out, BTC won’t be the star of the show. In fact, the lower house of the parliament asked the Finance Minister point blanc if there was a proposal to recognize Bitcoin as currency. The answer was … Read moreIndia Won’t Recognize BTC As Currency, Nor Does It Collect BTC Transaction Data

Biden and the Fed: Why Powell or Brainard Won’t Change Much for Crypto

Placing bets on which candidate for Federal Reserve chair would be best for cryptocurrencies? The answer might disappoint: Both incumbent Jerome Powell and leading alternate Fed Governor Lael Brainard are seen as having roughly the same impact. The speculation of who will be the next Fed chair intensified after Senate Banking Chairman Sherrod Brown said … Read moreBiden and the Fed: Why Powell or Brainard Won’t Change Much for Crypto

Kazakhstan Won’t Restrict Electricity to Lawful Crypto Miners, Minister Says

Lawful crypto mines will not face restrictions or be disconnected from the national grid, as long as they don’t compromise the country’s energy security, Kazakhstan’s Minister of Energy Magzum Mirzagaliyev said at a meeting with the mining industry, according to a ministry press release on Wednesday. Electricity has been in short supply in the fossil … Read moreKazakhstan Won’t Restrict Electricity to Lawful Crypto Miners, Minister Says