Worldcoin, the biometric identity project, has been banned from operating in Spain for up to three months, according to a press release from the Spanish data agency, the AEPD. The agency will also require Worldcoin to stop using the already collected data from Spanish citizens, utilizing the EU’s General Data Protection Regulation (GDPR) as a […]
Report: DCG, Barry Silbert Seek Dismissal of NYAG Lawsuit, Citing ‘Baseless Innuendo’ and Integrity in Operations
Digital Currency Group (DCG) has submitted a request to the court to drop the legal action taken against it by New York Attorney General Letitia James. DCG argues that it’s “wrongfully” depicted and maintains that the lawsuit is nothing but a “thin web of baseless innuendo.” DCG Challenges NYAG’s Legal Action Last year, the New […]
Beijing Targets Cryptocurrency Mining Operations in New Energy Conservation Plan
Beijing is prepared to apply a new policy to strengthen the actions to foster energy conservation in several aspects of the city’s operations, promoting carbon and pollution reduction. The plan proposes to increase the oversight level on Bitcoin mining activities, thwarting its remnants. Beijing to Thwart Cryptocurrency Mining Activities in Energy Conservation Plan The city […]
Cleanspark Expands Bitcoin Mining Operations to Mississippi With $19.8 Million Acquisition
The publicly traded bitcoin mining entity Cleanspark has unveiled plans to broaden its operational footprint into Mississippi through the purchase of three fully operational bitcoin mining sites in the area. Alongside these Mississippi locations, the firm also secured a site in Dalton, Georgia, which is in the midst of construction. Nasdaq Traded Bitcoin Miner Cleanspark […]
Regulatory Clampdown — Alaska and Florida Order Binance US to Cease Operations
A recent report indicates that regulatory authorities in Alaska and Florida have prohibited Binance US from operating within their jurisdictions. This development comes in the wake of Binance, along with its previous CEO Changpeng Zhao, reaching a plea agreement with the U.S. government. Alaska and Florida Issue Cease Operations Orders to Binance US Binance US, […]