Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says

Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central

Read more

Power Outages in Russia’s Irkutsk Region Blamed on Home Miners

Russians mining cryptocurrency in their homes have been blamed for the problems with the electricity supply in Irkutsk. Power outages

Read more

Iran Allows Renewable Power Plants to Supply Crypto Miners With Electricity

Authorities in Iran have decided to permit power generation plants using renewable sources to sell electricity to licensed cryptocurrency miners.

Read more

Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners

The federal government in Moscow has permitted regions to determine local electricity tariffs for the population, a measure that will

Read more

Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says as Crypto Trade Soars

Authorities in Indonesia do not intend to follow China’s example of imposing an outright ban on cryptocurrencies, a government official

Read more

Demand for Crypto Mining Rigs in Vietnam Rises With Bitcoin Prices, Report Reveals

Higher cryptocurrency prices recently have restored interest in digital coin minting in Vietnam. Crypto mining is once again seen as

Read more