Tag: power
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Thailand Legalizes Cryptocurrency; Plans to Give SEC Sole Power to Regulate the Industry
The consensus reached by the Bank of Thailand Governor, the country’s Deputy Prime Minister, and the Finance Minister marks the end of a period of regulatory ambiguity. For several years, the Thai government had maintained a cautious, and at times skeptical, stance regarding decentralized currencies. However, the recent agreement underscores a realization that the digital…
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Iran Intensifies Crackdown on Illegal Cryptocurrency Mining Amid Escalating National Energy Crisis and Persistent Power Blackouts
The Iranian government has significantly escalated its campaign against unauthorized cryptocurrency mining, with law enforcement agencies and state utility providers dismantling 9,404 illegal mining farms over the past five months. This aggressive enforcement action comes as the Islamic Republic grapples with a systemic energy crisis that has triggered widespread power outages, social unrest, and a…
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