“Cryptocurrencies may be be used as a unit of account, but they are very unstable.To transfer money to some other place maybe but it’s too early to talk about the trade of…
Category: Geopolitics
El Salvador Has Started Volcano-Powered Bitcoin Mining
The president of El Salvador has announced on Twitter that the Central American Country has started mining its first bitcoins, delivering on his promise to use geothermal energy from a volcano to…
US Bill to Improve Oversight of Crypto Mining in Foreign Countries
U.S. Senators Maggie Hassan (D-NH), a member of the Homeland Security and Governmental Affairs Committee, and Joni Ernst (R-IA) have introduced a bipartisan legislation to improve oversight of cryptocurrency mining operations in…
Laos Legalizes Cryptocurrency Mining and Trading
Communist-ruled Laos has authorized crypto mining and trading. A notable policy shift for the debt-laden country of 7 million, after its central bank issue a warning against cryptocurrencies. Laos produces a surplus…