UNITES STATES - The U.S. said the carbon footprint of the cryptocurrency industry does not align with the country’s goals to decarbonize the economy, suggesting it may rein in the operations of crypto miners, according to a report released Thursday by the Office of Science and Technology in the White House. Cryptocurrency has long attracted controversy for […]
Google announced it is expanding its options for eco-friendly routing on Google Maps to 40 more countries across Europe. Eco-friendly routes, first introduced to U.S-based users last year, offer to show more fuel-efficient routes instead of the fastest ones. Users can see the eco-friendly route marked with a leaf label and choose fuel-efficient routing among the new […]
Brazilians have spent more money than ever buying crypto assets this year – and in May shattered previous spending records by shelling out a combined USD 912 million on coins. Data was released by the nation’s Central Bank, which is yet to compile and release figures for June, July, and August. The May 2022 figure dwarfs […]
Nigerian authorities and cryptocurrencies platform Binance Holdings are in talks to establish a digital economic zone that will help entrepreneurs fast track blockchain technology in the West African nation. The partnership aims to build a digital hub, “similar to the Dubai virtual free zone,” according to statement by the Nigeria Export Processing Zones Authority. Nigeria, […]
As Ethereum (ETH) advances toward the Merge, the blockchain’s co-founder Vitalik Buterin declares that his influence over the network has been decreasing, as many new developers are taking over multiple roles. During an interview with economics blogger Noah Smith, Buterin said that he has been long wishing for Ethereum to evolve into an ecosystem “where my influence can decrease just because […]
Luxury brand Hermès is laying the groundwork for its entrance to Web3 after filing a trademark application covering nonfungible tokens (NFTs), cryptocurrencies and the Metaverse. According to an Aug. 26 filing to the United States Patent and Trademark Office (USPTO), the trademark covers downloadable software to view, store and manage virtual goods, digital collectibles, cryptocurrencies and […]
UNITED ARAB EMIRATES - Dubai’s Virtual Asset Regulatory Authority (VARA), the city’s dedicated crypto regulator, reportedly announced new regulatory guidelines on marketing, advertising and promotions of virtual assets on Aug. 25. In the rules, the VARA referred to all forms of outreach, communications and advertising, dissemination of information, building awareness, customer engagement, investor solicitation and […]
Afghanistan’s central bank imposed a nationwide ban on cryptocurrencies this month and the Taliban regime has arrested several dealers who defied orders to stop trading digital tokens, according to a senior police official. The crackdown comes after some Afghans turned to cryptocurrencies to preserve their wealth and keep it out of the Taliban’s reach. Crypto […]
The Security Service of Ukraine (SSU) seized and blocked a cryptocurrency wallet used to fund the Russian military campaign in the country. The agency is working on tracking the funds and transferring them under Ukrainian jurisdiction, according to the SSU. According to a press release on Tuesday, this is the first time the SSU implemented a […]
