Crypto Over Dollars: Belarus Makes Mining A National Priority
Belarusian President Alexander Lukashenko has directed government agencies to expand cryptocurrency mining, saying the move could help the country cut reliance on the US dollar. Related Reading: Steak ’n Shake Takes Bitcoin Appetite Global With Bold El Salvador Push Reports say he made the remarks during a high-level energy meeting in Minsk on November 14, […]
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US President Donald Trump granted a pardon in late October to Changpeng “CZ” Zhao, the founder of Binance, touching off a fresh round of questions about whether business deals and political favors were linked to the clemency. Related Reading: Crypto Over Dollars: Belarus Makes Mining A National Priority The move has split opinion: some lawmakers […]
According to comments from longtime researcher and computer scientist Nick Szabo, Bitcoin and other cryptocurrencies are trust-minimized, not trustless, and that difference matters for how states and private actors can push back. Related Reading: Crypto Over Dollars: Belarus Makes Mining A National Priority Szabo warned that while the layer one of a strong trust-minimized system […]
Peter Schiff, a long-time gold investor and vocal critic of Bitcoin, on Sunday called Strategy Inc.’s Bitcoin-only approach “a fraud” and publicly challenged Michael Saylor to a live debate at Binance Blockchain Week in Dubai this December. Related Reading: Crypto Over Dollars: Belarus Makes Mining A National Priority Schiff said the firm’s recent profits are […]
Authorities in Belarus have mastered the seizure of cryptocurrencies, the head of the country’s Investigative Committee revealed in a recent interview. The high-ranking law enforcement official claims the state has already confiscated crypto assets worth millions of dollars. Companies Allegedly Help Belarus Government With Crypto Seizure Belarus had to deal with the challenge of how to seize cryptocurrencies when they were first used in drug trade and later economic crimes, Dmitry Gora, who heads the nation’s Investigative Committee, told the state-run ONT channel. He added....
The Ministry of Energy of the Republic of Belarus has launched an investigation into the potential pros and cons of crypto mining. The Belarus state is studying the cryptocurrency industry for a potential move into mining digital coins like Bitcoin (BTC).The Ministry of Energy of the Republic of Belarus officially announced Friday that it is actively exploring the pros and cons of cryptocurrency mining. Minister Viktor Karankevich said that the crypto mining industry is rapidly growing all over the world in countries like China, the United States, Canada and Russia.The minister went on to....