Indira Kempis, a senator from Mexico’s Nuevo León state, is working on a crypto law modelled after El Salvador’s Bitcoin Law. In the midst of El Salvador reporting on the good effect of the nation’s Bitcoin (BTC) adoption, a Mexican government official has once again encouraged the country to follow El Salvador’s lead on Bitcoin. […]
El Salvador’s Bitcoin adoption as legal cash in September 2021 has resulted in a significant increase not just in its GDP but also in local tourist growth. Salvadoran President Nayib Bukele previously said that El Salvador’s GDP will grow by more than 10% in 2021. According to Salvadoran Tourist Minister Morena Valdez, the tourism business […]
Which countries are the next hotspots for miners, and where can Ether and Bitcoin be mined effectively – and financially — in 2022? One of the major issues in the crypto world in 2021 will be China’s aggressive mining policy, which resulted in a total ban on such activity in September. While mining as a […]
The proposal seeks to classify cryptocurrency mining as a commercial activity and impose taxes on profits earned. While the Russian government works on a regulatory framework for digital assets, a federal ministry has made another proposal regarding the crypto mining industry. According to local news agency Izvestia, Russia’s Ministry of Economic Development has approved the […]