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New York Legislator Proposes Tiered Energy Tax Targeting Cryptocurrency Mining Operations

New York State Senator Kevin Parker has introduced groundbreaking legislation that would impose a tiered taxation system on electricity consumption by cryptocurrency mining facilities...

Russia Rejects Additional Regional Crypto Mining Restrictions, Affirms National Policy

The Russian government has officially declared it will not impose further regional bans on cryptocurrency mining, dispelling speculation about potential localized restrictions. This decision...

Radical Transparency in Crypto Mining: A New Defense Against Illicit Activity

The recent seizure of approximately $1 million linked to the BlackSuit ransomware operation by the U.S. Department of Justice represents a significant milestone in...

Nvidia Invests $683M in UK-Based Nscale to Boost Crypto Mining and AI Infrastructure

Nvidia has made a strategic $683 million investment in Nscale, the specialized crypto mining division of a UK-based firm, as part of a broader...

Russia Proposes State-Backed Crypto Exchange to Combat Fraud and Support Miners

In a significant move to regulate its burgeoning digital asset sector, Russia is considering the establishment of a state-backed cryptocurrency exchange. The proposal, put...

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