Global #Illegal Mining

The Russian central bank, led by longtime cryptocurrency skeptic Elvira Nabiullina, is shifting its tone toward the digital asset sector.

Tajikistan's Parliament recently approved significant amendments to the Criminal Code to impose stiff penalties on cryptocurrency miners who steal electricity.

A sprawling, unlicensed network of cryptocurrency mining operations has emerged as a major crisis in Iran, consuming more electricity than entire provinces and threatening the national power grid.

In a significant move to tighten control over its domestic crypto industry, Russia’s Ministry of Energy has announced the launch of a national cryptocurrency mining equipment registry.