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The UAE is gradually becoming a prominent Bitcoin mining centre in the Middle East
The United Arab Emirates is gradually becoming a well-known Bitcoin mining centre in the Middle East. The country has become an attractive destination for cryptocurrency business, with over 30 free economic zones and increasing participation in Bitcoin mining activities. It all started when ...
Bitcoin bribes are on the rise in Taiwan
Taiwan's Ministry of Justice has reported an increase in the use of Bitcoin for bribes. Cash is no longer the only form of payment in corruption cases; Bitcoin, Ethereum and other digital currencies are gaining popularity among corrupt individuals. Authorities have expressed concern that these ...
In China, Telegram is used to sell narcotic substances for cryptocurrencies
Chinese police in Shanghai have detained a gang of drug dealers selling marijuana and LSD stamps that they had grown personally. Members of the criminal organisation received messages from their clients via Telegram and prepared smuggling bookmarks for a contactless transfer of contraband. Payment ...
CleanSpark signed agreement to buy two bitcoin mining companies
US mining company CleanSpark has announced plans to acquire two mining facilities located in Dalton, Georgia, for $9.3 million. These facilities will be equipped with more than 6,000 Bitmain Antminer S19 XP and S19J Pro+ devices. The acquisition is projected to increase the company's hash rate by 1 ...
In the near future, El Salvador will be debt-free thanks to Bitcoin
Max Kaiser, chairman of El Salvador's Volcano Energy, said El Salvador intends to get rid of debt by using Bitcoin. He said that in the near future the country will be debt-free thanks to Bitcoin and geothermal mining of digital currencies.  Notably, El Salvador has initiated the establishment ...
Bitwise Asset Management applied to create a bitcoin exchange-traded fund
Cryptocurrency asset management company Bitwise Asset Management has filed a new application for a bitcoin exchange-traded fund (ETF). In a statement, the company also said that the US Securities and Exchange Commission (SEC) must issue its decision within 45-90 days, whether approval, disapproval ...
The number of ATMs in the world rose to 35 065 units
The total number of ATMs worldwide rose to 35,065. Compared to the beginning of April, when there were 33,389 — less by 5%. In terms of countries, the US ranks first with 30,014 (84.7%) ATMs. They are followed by Canada with 2,740 (7.6%) and Australia with 463 (1.3%). In terms of ...
Liechtenstein will allow its citizens to pay for public services with Bitcoin
Liechtenstein Prime Minister Daniel Risch told Handelsblatt that the state will allow its citizens to pay for public services with Bitcoin. He did not give an exact date, but noted that Bitcoin payment options will become available in the near future. Daniel Risch said that the government will ...
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