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Tag: BITCOIN MINING

economics

Uruguay’s Rise: From Legalized Marijuana to Progressive Crypto Regulation

March 19, 2025March 19, 2025 - by Liam Nguyen - Leave a Comment

Uruguay has legalized cryptocurrency regulations, enhancing its financial framework and appealing to digital nomads. The country is known for its high living standards, stable economy, and progressive tax policies. With …

Uruguay’s Rise: From Legalized Marijuana to Progressive Crypto Regulation Read More
Business / Companies

Brazil Considers Bitcoin Salaries; South Korea Rejects Bitcoin Reserves

March 19, 2025March 19, 2025 - by Sofia Nawab - Leave a Comment

Brazil is advancing a bill to allow partial Bitcoin salary payments, aiming to modernize its fintech landscape, while South Korea’s central bank rejects Bitcoin for reserves due to volatility concerns. …

Brazil Considers Bitcoin Salaries; South Korea Rejects Bitcoin Reserves Read More
Companies

HIVE Digital Expands Mining Capacity with Acquisition of Paraguay’s Yguazú Facility

March 19, 2025March 19, 2025 - by Sofia Nawab - Leave a Comment

HIVE Digital Technologies has acquired a 200 MW hydro-powered mining facility in Yguazú, Paraguay from Bitfarms for $56 million. This acquisition is expected to enhance HIVE’s mining capacity by 317%, …

HIVE Digital Expands Mining Capacity with Acquisition of Paraguay’s Yguazú Facility Read More
Companies / economics

Nigeria’s Cryptocurrency Surge Amid Economic Crisis

March 19, 2025March 19, 2025 - by Carmen Mendez - Leave a Comment

Nigeria is grappling with economic turmoil marked by rising inflation and currency devaluation, prompting a shift towards cryptocurrency for wealth protection. Despite government efforts to stabilize the economy through various …

Nigeria’s Cryptocurrency Surge Amid Economic Crisis Read More
Business / Technology

Investigation Links LIBRA Team to New Argentinian Tokens MILEI and ARG

March 18, 2025March 18, 2025 - by Liam Nguyen - Leave a Comment

The LIBRA team may be linked to two newly launched Argentinian tokens, MILEI and ARG, according to Blockworks’ Fernando Molina. He suggests these tokens share creation characteristics and funding methods, …

Investigation Links LIBRA Team to New Argentinian Tokens MILEI and ARG Read More
Business

Bitfarms Divests Paraguay Data Center for Strategic North American Focus

March 18, 2025March 18, 2025 - by Marcus Chen - Leave a Comment

Bitfarms has sold its 200 MW data center in Yguazu, Paraguay to HIVE Digital Technologies for approximately $85 million. This sale aligns with its strategic transition towards North American operations, …

Bitfarms Divests Paraguay Data Center for Strategic North American Focus Read More
Business / economics

Brazilian Bill Proposes Allowing Bitcoin for Wage Payments

March 18, 2025March 18, 2025 - by Carmen Mendez - Leave a Comment

The Brazilian bill proposes allowing wages to be partially paid in bitcoin, pending mutual approval from workers and employers. It mandates that at least 50% of wages remain in local …

Brazilian Bill Proposes Allowing Bitcoin for Wage Payments Read More
Business / Companies

The Cryptocurrency Landscape in South Africa: Balancing Innovation with Security

March 18, 2025March 18, 2025 - by Marcus Chen - Leave a Comment

The article explores the increasing adoption of cryptocurrency in South Africa, highlighting its significance for financial security. Key statistics reveal substantial engagement, with South Africa as a leader in crypto …

The Cryptocurrency Landscape in South Africa: Balancing Innovation with Security Read More
Business / Companies / economics

Nigeria Set to Recognize Cryptocurrencies with New Legislative Framework

March 18, 2025March 18, 2025 - by Carmen Mendez - Leave a Comment

Nigeria is set to officially recognize cryptocurrencies under the 2025 Investment and Securities Bill, replacing outdated regulations. This new law defines crypto assets, facilitates trading platforms, and enhances investor protection. …

Nigeria Set to Recognize Cryptocurrencies with New Legislative Framework Read More
economics

Bolivia’s Crypto Power Deal Marks a New Era for Commodity Markets

March 18, 2025March 18, 2025 - by Sofia Nawab - Leave a Comment

This article discusses Bolivia’s recent decision to utilize cryptocurrency for power imports, marking a significant development in international commodity market practices. This move is driven by the need to address …

Bolivia’s Crypto Power Deal Marks a New Era for Commodity Markets Read More

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