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Russia’s Rosseti eyes Bitcoin mining to harness surplus energy and boost local growth
Rosseti, Russia’s state-owned electricity giant, is reportedly evaluating Bitcoin mining to enhance energy utilization in areas with surplus capacity, local news agency TASS reported. According to the report, the power grid operator plans to establish mining infrastructure in regions with low energy demand. дальше »
2025-1-27 14:05 | |
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Swiss state-owned PostFinance bank now offers ETH staking – Here’s what it means
PostFinance is expanding its service to include a “staking” function Worth addressing the implications of staking on cryptocurrencies and crypto holders PostFinance, a Swiss state-owned The post Swiss state-owned PostFinance bank now offers ETH staking – Here’s what it means appeared first on AMBCrypto. дальше »
2025-1-18 00:30 | |
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Swiss state-owned lender PostFinance deepens crypto push with Ethereum staking debut
Switzerland’s state-owned financial giant, PostFinance AG, has launched an Ethereum (ETH) staking service — allowing users to earn rewards while strengthening blockchain security. The initiative is part of the bank’s ongoing expansion into digital assets. дальше »
2025-1-17 00:00 | |
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Swiss bank PostFinance introduces Ethereum staking
PostFinance, a Swiss state-owned bank, has announced the launch of crypto staking for its customers. On Jan. 16, PostFinance announced that it has expanded its crypto trading and custody solution to include staking. дальше »
2025-1-16 19:48 | |
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German State-Owned Development Bank Prepares for Tokenized Bond Issuance with Boerse Stuttgart Digital in ECB Trial
Traditional finance institutions are increasingly exploring ways of putting assets like bonds, credit and funds on blockchain rails, known as RWA tokenization, to pursue operational benefits. дальше »
2024-8-13 19:28 | |
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Russia Legalizes Crypto Mining and Brings an Experimental Regime
Russia's lower house of the Federal Assembly, known as the State Duma, has passed two crypto-related laws on Tuesday, a Russia based policy expert told CoinDesk and Ria Novosti, Russia's state-owned domestic news agency reported. дальше »
2024-7-31 21:36 | |
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OFAC sanctions employee of Russian state-owned gold producer for laundering money via crypto
The U. S. Treasury has sanctioned a Russian national working at Polyus, Russia’s largest state-owned gold producer for being involved in a complex crypto laundering scheme. The U. S. Department of Treasury on Jan. дальше »
2024-6-13 12:25 | |
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Digital yuan being dumped in favor of cash
While Beijing is trying to popularize its digital yuan, only a few seem to be ready to use it. As Chinese government employees, especially those in state-owned enterprises and governmental organizations, become early adopters of receiving their salaries in digital… дальше »
2024-5-14 10:08 | |
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Argentine State-Owned Company Will Mine Bitcoin With Stranded Gas
Genesis Digital Assets Limited (GDA), a leading force in the global Bitcoin mining sector, has partnered with YPF Luz, a subsidiary of Argentina’s state-owned energy company YPF. Together, both partners have established a new Bitcoin mining facility that capitalizes on an innovative energy resource: stranded gas from oil fields. дальше »
2024-5-8 11:44 | |
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German state bank to tokenize bonds on blockchain
Germany’s state-owned bank, Kreditanstalt fuer Wiederaufbau, is stepping into blockchain territory with its first digital bond, set to transform investment options. The German state-owned bank Kreditanstalt fuer Wiederaufbau (KfW) is gearing up to launch its first-ever blockchain-based digital bonds in… дальше »
2024-5-7 13:09 | |
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Kremlin hopes to cut US dollar reliance with blockchain in BRICS
Moscow wants to establish an autonomous BRICS payment system, leveraging digital currencies and blockchain in an effort to decrease its dependency on the U.S. dollar. In an interview with the Russian state-owned news agency TASS on Feb. 5, Kremlin aide… дальше »
2024-3-5 10:28 | |
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China combats struggling financial markets with tax cuts
Quick Take In a determined bid to reanimate its ailing financial markets, China has slashed stock trading taxes by half, as reported by market analyst Ayesha Tariq. Alongside this, the government has directed state-owned banks and funds to invest in stocks, adding a new layer of complexity to the nation’s economic landscape. дальше »
2023-8-29 01:00 | |
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Crypto Mining Criminals: Malaysian Power Utility Busts 2 Companies For Electricity Theft
Crypto mining has taken an audacious turn in Malaysia, where a group of determined miners is embarking on a relentless pursuit of energy so remarkably inexpensive that it borders on being free. Caught in the crosshairs of this unconventional quest is Sarawak Energy, a prominent state-owned electric company in Malaysia, which has now set its […] дальше »
2023-7-7 14:55 | |
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Hong Kong Attracts China’s State-Owned Greenland for Trading Crypto and NFTs
Greenland, a Chinese state-owned real estate developer, will apply for a virtual assets trading license in Hong Kong. The post Hong Kong Attracts China’s State-Owned Greenland for Trading Crypto and NFTs appeared first on BeInCrypto. дальше »
2023-5-18 09:40 | |
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Inside Bhutan’s secretive Bitcoin mining operation
Bhutan's clandestine entry into the world of cryptocurrency mining has recently come to light, raising many questions about the depth of its involvement. Druk Holding & Investments, the state-owned holding company, has confirmed its foray into the mining space, but what has driven this secretive mission? The answer lies in the country's ambitious plans to finance its fourth industrial revolution and the unexpected role of the pandemic in triggering these efforts. дальше »
2023-5-1 19:31 | |
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Chinese city public servants to receive digital yuan salaries starting May
Personnel in public service, public institutions and state-owned units at all levels in the city will be compensated with the digital yuan. дальше »
2023-4-24 11:44 | |
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Chinese state-owned bank starts working with crypto firms in Hong Kong
China Bank of Communications Co., Ltd.’s Hong Kong subsidiary reportedly collaborates with several crypto companies with secured licenses in Hong Kong. According to reports, the state-owned bank works with several licensed crypto firms in the semi-autonomous city-state and has also… дальше »
2023-4-17 15:41 | |
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Swiss state-owned bank PostFinance to offer Bitcoin trading
PostFinance’s parent firm Swiss Post is known for its pro-crypto stance, working on its own crypto custody services and issuing crypto stamp collectibles. дальше »
2023-4-5 10:40 | |
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Russia Postpones Launch Of Digital Ruble
The scheduled trial of Russia’s digital ruble has been postponed; it was due on April 1. This is because the regulatory framework necessary for the pilot to proceed is yet to be adopted, as the state-owned news agency TASS reports. дальше »
2023-3-30 02:00 | |
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UK Government Suspends Plans to Launch State-Owned NFT
Coinspeaker UK Government Suspends Plans to Launch State-Owned NFT In a statement about reasons for the halt of NFT plans, Chair of the Treasury Select Committee Harriet Baldwin cited the uncertainty across the cryptocurrency sector. дальше »
2023-3-28 14:44 | |
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First Mover Asia: China’s State-Owned Banks Are Soliciting Hong Kong Crypto Business, but Opening an Account Is Hard
Are bitcoin traders shrugging off the CFTC's action against Binance? Or is there just not enough liquidity to go around? дальше »
2023-3-28 05:09 | |
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Hong Kong crypto firms notice high interest from Chinese banks
Chinese state-owned banks have emerged as backers for Bitcoin businesses establishing operations in Hong Kong. Despite China's continued ban on cryptocurrency, all of this is true. Chinese sThe post Hong Kong crypto firms notice high interest from Chinese banks appeared first on AMBCrypto. дальше »
2023-3-27 17:00 | |
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China’s 180M digital yuan airdrop, Devastation in Turkey, Laos’ CBDC: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. China airdrops 180 million digital yuan to celebrate Lunar New Year According to state-owned media Global Times, Chinese cities airdropped a total of 180 million digital yuan (e-CNY) worth $26. дальше »
2023-2-10 00:30 | |
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Russia’s Gazprombank recommends slow CBDC rollout fearing loss of income
Gazprombank, a subsidiary of a state-owned energy corporation, which participates in Russia’s CBDC initiative, fears losing a part of its income as the digital ruble replaces traditional fiat currency. дальше »
2023-2-9 15:00 | |
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Russia’s Biggest Bank Set To Launch Its DeFi Platform By May
Sberbank, Russia’s biggest banking establishment, is ready to have its decentralized finance (DeFi) platform operational by May. According to a report on February 3 by the Russian news agency Interfax, the Russian majority state-owned bank plans to roll out the project in multiple steps based on statements by the Product Director of the Blockchain Laboratory […] дальше »
2023-2-4 11:42 | |
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Iranian authorities returned 150k of seized crypto mining equipment
Iran is releasing up to 150,000 pieces of crypto mining equipment previously seized by the authorities following a court order. Since 2021, the Organization for Collection and Sale of State-Owned Property (OCSSOP) seized it from mining farms due to concerns… дальше »
2023-1-4 15:43 | |
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British Columbia to suspend new power connections for crypto mining
For the next 18 months, a state-owned power utility provider in the Canadian province of British Columbia, BC Hydro, is going to suspend all new power connection requests from cryptocurrency mining fiThe post British Columbia to suspend new power connections for crypto mining appeared first on AMBCrypto. дальше »
2022-12-22 18:00 | |
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Singapore’s DBS Bank Expands Its Crypto Trading Service For 100K Customers
As per Friday’s announcement through Bloomberg, Singapore state-owned DBS Bank has expanded its crypto trading service to more its 100,000 investors linked with its DBS Treasures section. The DBS’ clients will trade virtual currencies through its member-only decentralized exchange, DDEx. дальше »
2022-9-25 16:29 | |
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Crypto.com backs out of $495M sponsorship deal with UEFA Champions League: Report
The crypto exchange reportedly stepped in as a potential sponsor after the Champions League dropped Russian state-owned energy firm Gazprom. дальше »
2022-9-2 18:15 | |
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Mango TV set to Launch NFT Platform
Mango TV is a Chinese state-owned media company, and it recently announced plans to launch its NFT platform before the end of March Mango TV: Everyone wants in on the NFT action Mango TV was established in 2006, and it is controlled by Hunan Broadcasting System, a Chinese state-owned media company. дальше »
2022-3-15 07:50 | |
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Russia’s Largest State-Owned Bank Introduces Country’s First Crypto and Blockchain ETF
Sberbank, the largest and state-owned Russian bank, has introduced the country’s first exchange-traded fund (ETF) to offer exposure to companies involved in the blockchain industry. The fund launched by the bank is called Sberbank Blockchain Economy ETF that trades on the Russian stock market under the ticker “SBBE,” Sber Asset Management said in a statement. дальше »
2021-12-31 17:48 | |
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Binance partners with Indonesia’s largest telecom and prepares to launch a new exchange
Binance announced teaming up with a consortium led by MDI Ventures, an investment unit of state-owned telecom company Telkom Indonesia–to launch a new cryptocurrency exchange in the world’s fourth most populous country. дальше »
2021-12-16 20:30 | |
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Russia’s largest bank struggles to register its digital asset platform
State-owned bank Sber is trying to launch digital asset tools, but regulators remain skeptical about the industry.
дальше »2021-12-7 16:11 | |
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China Warns State-Owned Companies To Stop Bitcoin Mining Or Risk Strict Penalties
China has issued a warning to its state-owned enterprises to stop cryptocurrency mining. It also warned that it would increase electricity rates for companies that continue to defy the ban. This latest warning comes amid the ongoing crypto ban in the East Asian country. дальше »
2021-11-17 21:00 | |
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China warns state-owned enterprises to cease involvement in Bitcoin mining
China is considering imposing harsh penalties on state-owned firms that continue mining cryptocurrencies.
дальше »2021-11-17 11:33 | |
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Kazakhstan to Crack Down on “Grey” Crypto Miners, Sweden’s State-owned Power Company Counters FSA’s Mining Ban
Kazakhstan government plans to crack down on unregistered “grey” miners who are consuming twice as much power as “white” or registered miners. “I think we will have the directive (limiting power to unregistered miners) issued before the end of this year because this issue cannot be delayed any longer,” said Deputy Energy Minister Murat Zhurebekov. дальше »
2021-11-11 20:20 | |
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Swedish Regulators Propose PoW Mining Ban. State-Owned Power Company Defends It
In Sweden, financial and environmental regulators want to ban PoW mining. Unfortunately, they forgot to add Vattenfall to the email. And Sweden’s biggest green energy power company categorically rejected their claims on national public television. дальше »
2021-11-10 15:11 | |
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Increased Mining Operations in Kazakhstan Causing Power Deficit
As Chinese miners migrate to Kazakhstan, this poses capacity challenges to the Kazakhstan grid, which could be supplemented by the Kremlin’s state-owned utility Inter RAO in the near future The post Increased Mining Operations in Kazakhstan Causing Power Deficit appeared first on BeInCrypto. дальше »
2021-10-31 15:23 | |
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