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Iran Tackles Unauthorised Crypto Mining After 95 Percent of Bitcoin Mining Devices Found Operating Illegally
Iran’s electricity regulator has revealed that 95 percent of the country’s 427,000 Bitcoin mining machines operate without licences, consuming over 1,400 megawatts of subsidised power daily. Authorities have shut down 104 illegal farms and seized 1,465 devices in Tehran Province alone. A new public-reporting scheme offers cash rewards to citize...
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"All States In Himalayan Region Facing Existential Crisis": Supreme Court
All states in the Himalayan region are facing a serious existential crisis, the top court said today and posed several questions to the Himachal Pradesh government on its policies to regulate tourism, construction, and mining.
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Kazakhstan’s President Proposes Strategic Crypto Reserve, Fully Digitalised Alatau City Project
Kazakhstan’s President Kassym-Jomart Tokayev has announced plans to establish a state-backed crypto reserve and build a digital “CryptoCity” in Alatau by 2026. The move will be supported by a new digital asset law, aiming to regulate blockchain, fintech, and cryptocurrency use. Experts say Kazakhstan’s strategy could influence other emergin...
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Lok Sabha Lost 84 Hours In Monsoon Session Due To Forced Adjournments
Parliament's Monsoon session, which concluded on Thursday, saw frequent disruptions that overshadowed legislative business, with the House losing over 84 hours to forced adjournments, the highest in the 18th Lok Sabha.
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China Considers Yuan-Backed Stablecoins To Boost Currency Usage: Report
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of its stance towards digital assets.
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Parliament Monsoon Session Day 17 Highlights: Amid INDIA Bloc Leaders' Protest, Lok Sabha, Rajya Sabha Resume Proceedings
As the INDIA Bloc leaders continued to protest Special Intensive Revision (SIR) issue of electoral rolls in Bihar, the proceedings of Lok Sabha and Rajya Sabha have been resumed.
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Trump's Seabed Mining Push Raises Threats Over Global Ocean Laws
Donald Trump's move to sidestep global regulations and begin pushing for seabed mining in international waters could pose a wider threat of competing countries claiming sovereignty over the ocean, experts say.
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Russia is Using Bitcoin in Foreign Trade, Finance Minister Says
This year, Russia permitted the use of cryptocurrencies in foreign trade and has taken steps to make it legal to mine cryptocurrencies, including bitcoin. Russia is one of the global leaders in bitcoin mining.
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Russia Approves Tax Bill on Cryptocurrency Transactions Amid BTC Boom: Details
Recently, the Federation Council, the Upper House of the Russian Parliament, approved a new bill that outlines the taxation framework for cryptocurrencies. This bill classifies virtual digital currencies as property.
-
Crypto Mining Operations Face Crackdown in Norway With New Regulations for Data Centres
Norway is tightening its noose around crypto mining operations in the country. Over the last year, Norway emerged as one of Europe’s largest locations hosting crypto miners. The main incentive for miners to flock to Norway was the provision of affordable electricity.
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"Entire Universe" Of Mineral Development Not Under Parliament: Supreme Court
The Supreme Court said on Wednesday the Constitution does not give Parliament the "entire universe" of mineral development and states also have powers to regulate and develop mines and minerals.
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SC Rejects Petition Seeking Guidelines for Regulation of Cryptocurrency Trading
The Supreme Court has refused to entertain a petition seeking a direction to the Centre and others to frame guidelines for regulation of trading and mining of cryptocurrencies. A bench headed by Chief Justice D Y Chandrachud said the main reliefs sought in the plea were more in nature of a legislative direction.
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Lok Sabha Passes Bill To Allow Private Sector To Mine Lithium, 5 Other Atomic Minerals
A bill to allow the private sector to mine six atomic minerals, including lithium, and deep-seated minerals like gold and silver was approved by the Lok Sabha today.
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Meta, Twitter, YouTube, TikTok Issued Orders by FTC to Provide Information on Misleading Advertisements
The US Federal Trade Commission (FTC) on Thursday issued orders to eight social media and video streaming firms including Meta Platforms Inc, Twitter, TikTok and YouTube seeking information on how the platforms screen for misleading advertisements.
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"I Bow Down...": What Outgoing Chief Justice NV Ramana Said On Last Day In Office
On his final day as CJI, NV Ramana delivered judgements on the PIL seeking a ban on 'election freebies', the 2007 Gorakhpur riots case, the Karnataka mining case, Rajasthan mining lease issue and liquidation regulations under bankruptcy law
-
Iran Tackles Unauthorised Crypto Mining After 95 Percent of Bitcoin Mining Devices Found Operating Illegally
Iran’s electricity regulator has revealed that 95 percent of the country’s 427,000 Bitcoin mining machines operate without licences, consuming over 1,400 megawatts of subsidised power daily. Authorities have shut down 104 illegal farms and seized 1,465 devices in Tehran Province alone. A new public-reporting scheme offers cash rewards to citize...
-
"All States In Himalayan Region Facing Existential Crisis": Supreme Court
All states in the Himalayan region are facing a serious existential crisis, the top court said today and posed several questions to the Himachal Pradesh government on its policies to regulate tourism, construction, and mining.
-
Kazakhstan’s President Proposes Strategic Crypto Reserve, Fully Digitalised Alatau City Project
Kazakhstan’s President Kassym-Jomart Tokayev has announced plans to establish a state-backed crypto reserve and build a digital “CryptoCity” in Alatau by 2026. The move will be supported by a new digital asset law, aiming to regulate blockchain, fintech, and cryptocurrency use. Experts say Kazakhstan’s strategy could influence other emergin...
-
Lok Sabha Lost 84 Hours In Monsoon Session Due To Forced Adjournments
Parliament's Monsoon session, which concluded on Thursday, saw frequent disruptions that overshadowed legislative business, with the House losing over 84 hours to forced adjournments, the highest in the 18th Lok Sabha.
-
China Considers Yuan-Backed Stablecoins To Boost Currency Usage: Report
China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of its stance towards digital assets.
-
Parliament Monsoon Session Day 17 Highlights: Amid INDIA Bloc Leaders' Protest, Lok Sabha, Rajya Sabha Resume Proceedings
As the INDIA Bloc leaders continued to protest Special Intensive Revision (SIR) issue of electoral rolls in Bihar, the proceedings of Lok Sabha and Rajya Sabha have been resumed.
-
Trump's Seabed Mining Push Raises Threats Over Global Ocean Laws
Donald Trump's move to sidestep global regulations and begin pushing for seabed mining in international waters could pose a wider threat of competing countries claiming sovereignty over the ocean, experts say.
-
Russia is Using Bitcoin in Foreign Trade, Finance Minister Says
This year, Russia permitted the use of cryptocurrencies in foreign trade and has taken steps to make it legal to mine cryptocurrencies, including bitcoin. Russia is one of the global leaders in bitcoin mining.
-
Russia Approves Tax Bill on Cryptocurrency Transactions Amid BTC Boom: Details
Recently, the Federation Council, the Upper House of the Russian Parliament, approved a new bill that outlines the taxation framework for cryptocurrencies. This bill classifies virtual digital currencies as property.
-
Crypto Mining Operations Face Crackdown in Norway With New Regulations for Data Centres
Norway is tightening its noose around crypto mining operations in the country. Over the last year, Norway emerged as one of Europe’s largest locations hosting crypto miners. The main incentive for miners to flock to Norway was the provision of affordable electricity.
-
"Entire Universe" Of Mineral Development Not Under Parliament: Supreme Court
The Supreme Court said on Wednesday the Constitution does not give Parliament the "entire universe" of mineral development and states also have powers to regulate and develop mines and minerals.
-
SC Rejects Petition Seeking Guidelines for Regulation of Cryptocurrency Trading
The Supreme Court has refused to entertain a petition seeking a direction to the Centre and others to frame guidelines for regulation of trading and mining of cryptocurrencies. A bench headed by Chief Justice D Y Chandrachud said the main reliefs sought in the plea were more in nature of a legislative direction.
-
Lok Sabha Passes Bill To Allow Private Sector To Mine Lithium, 5 Other Atomic Minerals
A bill to allow the private sector to mine six atomic minerals, including lithium, and deep-seated minerals like gold and silver was approved by the Lok Sabha today.
-
Meta, Twitter, YouTube, TikTok Issued Orders by FTC to Provide Information on Misleading Advertisements
The US Federal Trade Commission (FTC) on Thursday issued orders to eight social media and video streaming firms including Meta Platforms Inc, Twitter, TikTok and YouTube seeking information on how the platforms screen for misleading advertisements.
-
"I Bow Down...": What Outgoing Chief Justice NV Ramana Said On Last Day In Office
On his final day as CJI, NV Ramana delivered judgements on the PIL seeking a ban on 'election freebies', the 2007 Gorakhpur riots case, the Karnataka mining case, Rajasthan mining lease issue and liquidation regulations under bankruptcy law
