Norway Introduces Legislation to Regulate Data Centers and BTC Miners

by Александр Пирогов | Apr 16, 2024 | Blog News

Norway is set to implement new legislation aimed at regulating data centers nationwide and overseeing the activities of Bitcoin miners. The law mandates registration of all data centers with authorities and requires detailed information on services and ownership...

Buenos Aires Accuses Worldcoin of Violating Consumer Laws

by Александр Пирогов | Apr 16, 2024 | Blog News

The provincial government of Buenos Aires has formally accused Worldcoin of violating consumer laws through “abusive clauses” in its user agreement. The allegations include interruptions of services without offering repair or reimbursement, as well as the...

UK to Introduce New Regulatory Frameworks for Cryptocurrencies

by Александр Пирогов | Apr 16, 2024 | Blog News

The United Kingdom is set to introduce new legislation covering stablecoins and various crypto activities, including staking, trading, and custody, expected to be implemented by June or July 2024. This marks a significant milestone as it brings digital assets under...

Former Ethereum Advisor Steven Nerayoff Files Lawsuit Alleging Fraudulent Scheme

by Александр Пирогов | Apr 16, 2024 | Blog News

Steven Nerayoff, a former advisor to Ethereum, has initiated a lawsuit against Michael Hlady and Marianna Shooshani in the Supreme Court of New York, Nassau County, alleging a fraudulent scheme resulting in substantial financial loss. The lawsuit accuses Hlady and...

UAE Crypto Transactions Hit $25 Billion in 2022; DMCC Adopts Accommodative Regulatory Policies

by Александр Пирогов | Apr 16, 2024 | Blog News

The United Arab Emirates (UAE) saw $25 billion in crypto transactions in 2022, prompting the adoption of accommodative regulatory policies to attract further investment. A report by the Dubai Multi Commodities Centre (DMCC) highlighted the potential and opportunities...

Dubai’s VARA CEO Discusses Plans to Ease Regulatory Costs for Smaller Crypto Players

by Александр Пирогов | Apr 15, 2024 | Blog News

During the Paris Blockchain Week, Matthew White, CEO of Dubai’s Virtual Asset Regulatory Authority (VARA), addressed the challenges faced by smaller players in Dubai’s cryptocurrency sector due to heavy regulatory costs. White acknowledged the...