Bitcoin mining in Norway gets the green light as the proposed ban rejected

The proposal to ban Bitcoin mining in Norway was rejected in a vote by the Norwegian Parliament on Tuesday.

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Putin In Favor Of Bitcoin Mining, Opposes Crypto Ban Proposal

President Vladimir Putin argued in favor of bitcoin mining citing the competitive advantages it brings for the country, thus opposing the crypto mining ban recently proposed by the Central Bank following the pressure from Russia’s Federal Security Service.

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‘Shoot First, Ask Questions Later’: China Seeks Public Opinion On Crypto Mining Ban

China’s National Development and Reform Commission is asking individuals and corporate bodies to air their opinions on the crypto mining ban. The call for opinions will last for a month and will be carried out through the agency’s website.

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Proposed New York Bitcoin mining ban watered down to allow green projects

New York senators have amended a proposal to ban all crypto mining for three years, and are now seeking to only stop mining firms backed by carbon-based fuel sources.

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Illegal coal extraction in China spurred Bitcoin mining ban

Rising cases of illicit coal extraction played a part in the recent Bitcoin mining ban in China, a report on business outlet Bloomberg said today. The post Illegal coal extraction in China spurred Bitcoin mining ban appeared first on CryptoSlate.

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Abkhazia Lifts Two-Year Ban on Bitcoin Mining, Moves to Regulate the Sector

Abkhazia, the self-governing but disputed territory of just 245,000 people sandwiched between Russia and Georgia, has lifted its two-year ban on cryptocurrency mining. The ban came into effect in December 2018 after a surge in mining activity left the region facing an energy crisis.

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Bitcoin Mining No Longer in Danger of Being Banned by Chinese Government

China makes a U-turn on its plan to ban cryptocurrency mining by removing it from the finalized list of industries that are supposed to be eliminated

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Bitcoin Price Bounced Above $5400 Despite FUD Around China’s Mining Ban

Coinspeaker Bitcoin Price Bounced Above $5400 Despite FUD Around China’s Mining BanBitcoin investors remain undeterred with the latest news of China's mining ban as Bitcoin price continues to confidently surge northwards.

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Bitcoin Price Bounced Above 5400 Despite FUD Around China’s Mining Ban

Coinspeaker Bitcoin Price Bounced Above 5400 Despite FUD Around China’s Mining BanBitcoin investors remain undeterred with the latest news of China's mining ban as Bitcoin price continues to confidently surge northwards.

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China’s New Policy Isn’t An Automatic Bitcoin Mining Ban – Here’s Why

Despite breathless headlines, a recent proposal by China’s economic planners would not automatically ban bitcoin mining.

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Here’s Why Bitcoin (BTC) Mining May Explode Strengthening the Network

The Chinese government is mulling over a ban on cryptocurrency mining and shutting down mining farms, with some crypto enthusiasts of the view that this is the best time to invest in the mining hardware market.

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China’s Crypto Rules Could Tighten As the Government Mulls Cryptocurrency Mining Ban

The top economic body in China has recommended some new rules that would see the government close down all cryptocurrency mining facilities in the country. Cryptocurrency mining was one of the industries proposed for immediate elimination, labeling crypto mining as backward processes that are a severe waste of resources.

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Is The New China’s Bitcoin Ban Yet Another FUD or Should We Start Shorting Bitcoin Again?

China has decided to entirely ban cryptocurrency mining in the nation, Bloomberg reports. The National Department and Reform Commission… The post Is The New China’s Bitcoin Ban Yet Another FUD or Should We Start Shorting Bitcoin Again? appeared first on Invest In Blockchain.

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Could A Mining Ban Raise Bitcoin Prices?

New policy proposals from the Chinese National Development and Reform Commission (NDRC) have put Bitcoin squarely in its crosshairs. The announcement sets the largest cryptocurrency on China’s regulatory watch list, with plans to either restrict or eliminate its mining altogether.

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How the China Bitcoin Mining Ban Serves to Silence Crypto Naysayers

If you visit just about any crypto news publication today, you will see at least one story detailing the recent news that the Chinese government is considering a blanket ban on Bitcoin mining. Perhaps testament to the world superpower’s repeated clampdowns on various aspects of digital currencies (exchanges and ICOs, in recent memory), the price.

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China Scare, Bitcoin (BTC) Mining Ban? Bulls to Overcome

Bitcoin prices stable above $5,000 NDRC of China propose Bitcoin and cryptocurrency mining China’s National Development and Reform Commission (NDRC) of the opinion cryptocurrency and Bitcoin (BTC) rigs don’t adhere to relevant laws and regulators, pollute the environment and unsafe and therefore propose a ban.

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China’s Proposed Mining Ban Could Be Detrimental to Bitmain

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China’s Bitcoin Mining Ban is a Short-Term Blow, But Easily Recoverable

According to Reuters, the National Development and Reform Commission (NDRC) of China has drafted a proposal that may ban Bitcoin mining. The NDRC is responsible for economic planning, which includes the administration of a list of industries for restriction or elimination.

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Chinese Planning Commission Seeks To Ban Crypto Mining

China's National Development and Reform Commission is looking for public comments concerning a list of industries it wants to encourage, restrict, or eliminate. Among the activities the regulator wishes to phase out is the mining of cryptocurrencies, including bitcoin.

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China’s New Anti-Crypto Move: Ban Bitcoin Mining to Save Environment

The major economic body of China suggests crypto mining should be banned along with other ‘environment harming’ industries On Monday, April 8, the National development and Reform Commission (NDRC) of China suggested an updated list.

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How a Bitcoin mining ban in China could impact BTC’s price and security

China’s central planning agency announced plans to ban Bitcoin mining and is currently soliciting comments before it makes its final determination. Mining and cryptocurrency experts have mixed opinions on how the move will impact the security and price of BTC.

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How China Banning Bitcoin Mining Can Positively Affect BTC Price

A bitcoin mining ban in China will more like drive the asset’s price higher, according to Mati Greenspan. The UK-based financial analyst said the Chinese were mining bitcoins at a much cheaper rate than the rest of the world.

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A Crypto Blessing: China’s Plan to Ban Bitcoin Mining Will Work Wonders

The National Development and Reform Commission (NDRC) revealed its intent to eliminate the bitcoin and crypto mining sector immediately in its guidance for adjustments to industrial structure published on April 1.

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China Bitcoin Mining Ban Could Take Years to Implement

The reports of China looking to ban Bitcoin mining could take many years to implement. However, the proposed plan is further proof of Beijing’s anti-cryptocurrency stance as the country appears to eliminate all forms of crypto-related activities.

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Chinese Authorities Propose a Complete Crypto Mining Ban

As Chinese citizens appear to have once more found a way to participate in the crypto market through USDT and crypto only exchanges, noises in the Communist Party have once... The post Chinese Authorities Propose a Complete Crypto Mining Ban appeared first on Trustnodes.

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China’s Proposed Bitcoin Mining Ban Could Snap Crypto Rally Dead

A Chinese government report has outlined a plan to kill bitcoin mining within its borders. The report, issued by the National Development and Reform Commission (NDRC), lists cryptocurrency mining as an industry that should be eliminated with immediate effect.

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China’s Proposed Bitcoin Mining Ban Would Be Good For BTC Price

China’s top economic planning body has unveiled its plan for future industrial structure, categorising industries as ‘encourage’, ‘restrict’ or ‘eliminate’.

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China Attemps to Spoil the Bitcoin Bull Run With Mining Ban Proposal

Any news coming out of China tends to trigger some cryptocurrency market momentum. In recent years, most of the news has been negative, which won’t surprise too many people. In the most recent development, it would appear China’s state planner wants to put an official end to Bitcoin mining in the country.

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China’s State Macroeconomic Planning Agency Mulls Ban on Crypto Mining

China's National Development and Reform Commission has revealed it is considering the elimination of crypto mining in the country

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Chinese Government Looks to Ban All Bitcoin Mining Activities From Within Its Borders

According to an all-new report released by Reuters earlier today, the Chinese state planner has just released a draft of all the industrial activities it is looking to slowly weed out from within its economic framework.

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Bitcoin at $5,000: What Has Changed Since 2017

This article was originally published by 8btc and written by Olusegun Ogundeji. Bitcoin has crossed the $5,000 price range again (after its first reach to that level in 2017) following a sudden breakout on April 2, 2019.

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Israeli Court Rules Against One-Size-Fits-All Bitcoin Ban by Bank

An Israeli court ruled on March 17, 2019, that banks can't enforce a blanket ban against all accounts linked to cryptocurrency. Instead, the court said, banks need to consider the specific type and scope of crypto-related activity before determining whether or not to open an account.

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Crypto Winter Freezes New York Bitcoin Mining Industry

A unique characteristic of many upstate New York cities is their low energy rates. Hydroelectric dams along the St. Lawrence river give residents electricity so cheap that many even heat their homes with it.

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Russian Miners Sell Their Equipment Amid Market Plunge

A growing number of Russian miners are looking to sell their hardware. The recent market correction has decreased the profitability of minting digital coins, especially for enthusiasts who are mining in their homes, basements and garages.

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Federal Election Commission Gives Green Light for Political Mining Pool Donations

The U. S. Federal Election Commission (FEC) has given tacit permission for mining pools to donate to political campaigns. The FEC released a memo on their website on November 13, 2018, to provide background information to a formal meeting that would take place on November 15.

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What happens if Bitmain builds new ASIC for SiaCoin (SC) mining? Will SC keep hard-forking to oblivion?

Sia has their own subsidiary for ASIC mining equipment production called Obelisk. The move to ban the ASICs from other manufacturers is a clear protectionism from Sia developers as their product got beaten in the free market.

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Regulations Roundup: Chinese Mining Farms Undergo Tax Inspection, Michigan Bans Campaign Donations in Cryptocurrency

In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes.

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Chinese Mining Farms Undergo Tax Inspection, Michigan Bans Campaign Donations in Cryptocurrency

In recent regulatory news, we report on an authorized mining company in China that has had its operations temporarily halted for tax inspection and implementation of real-name registration processes.

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Vietnam at Crossroads on Cryptocurrency Regulations

Vietnamese authorities are still considering their approach to regulating the cryptocurrency space. The Ministry of Justice has put forward several alternative solutions and the Ministry of Industry and Trade has expressed its opposition to the ban on imports of mining equipment.

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Indian Officials Consider Ban on “Private Cryptocurrencies”

Agents of the Indian government have met to formally discuss a possible ban on private cryptocurrency holdings in the nation. On October 30, 2018, the Financial Stability and Development Council (FSDC) issued a press release detailing their recent meeting where they “reviewed the current global and domestic economic situation and financial sector performance.

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Plattsburgh NY Officials Fed Up With Mining Noise Adopt Regulations

Leaders in the town of Plattsburgh, New York, have adopted a law requiring crypto mining operations to hold a special permit. In the meantime, a moratorium on new endeavors is still in effect. Debate over cryptocurrency mining operations and their impact has been a popular talking point among citizens in Plattsburgh New York.

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Ephrata City Council Bans Crypto Mining Activities for One Year

Grant County cities do not intend to allow crypto mining activities in their region. The latest city in the region to ban cryptocurrency mining is Ephrata. The city council on Wednesday voted to block new operations for digital currency mining for the next 12 months.

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Ephrata Initiates Yearlong Ban On Cryptocurrency Operations

Ephrata City joins other U. S. cities like Plattsburgh, Salamanca, and Grant County by banning cryptocurrency operations. According to The Spokesman Review’s article published on October 19, 2018, the Ephrata City Council voted on Wednesday to ban any cryptocurrency developments over the next 12 months because of its impact on residents.

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Don’t Underestimate China’s Power In Bitcoin

There has been a wealth of news of late about China and the Chinese authorities new position on cryptocurrency. In the shortest possible terms, the government want to totally ban cryptocurrency trading and investment and wish to stamp out the Bitcoin culture that has slowly built up in China.

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Missoula Commissioners turn down Proposed Ban on Bitcoin Mining Activities

The commissioners of Missoula County have turned down a request for an emergency suspension of activities by bitcoin miners in the area for one year to resolve issues as a result of mining activities.

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Despite Ban, 25 Google Play Apps Found to Cryptojack Users

Sophoslabs has published a report in which the company claims to have identified at least 25 Android apps published on the official Google Play store that contain script facilitating the ‘cryptojacking’ of users’ computing resources.

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OKEx Founder Released After Questioning in Connection With Suspected Coin Fraud

The founder of cryptocurrency exchange OKEx was detained for questioning on September 10, 2018, by Shanghai police to investigate a case of suspected digital currency fraud related to WFee coin.

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EU Investigates Stricter Common Cryptocurrency Rules, Potential $9 Million ICO Fundraising Cap and Mining Ban

The European Union is currently investigating the potential benefits of adopting a set of common rules regarding the distribution and trading of cryptocurrencies and digital assets, with a report calling for stricter disclosure roles set to be considered by EU finance ministers later this week.

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Iran Recognizes Cryptocurrency Mining as Industry

Iran has purportedly accepted cryptocurrency mining as an official industry. According to a high-ranking official, all related institutions have already agreed on it. A Breath of Fresh Air Iran has historically been fairly controversial in its stance towards cryptocurrencies.

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