The Privacy Flaw Threatening US Democracy
Without robust federal protections, the country’s widespread mass surveillance systems could be used against citizens like never before. Powered by...
Report: East African Single Currency Unlikely to Be Introduced by 2024
There are growing doubts about the regional economic bloc known as the East African Community’s ability to successfully launch a single currency by 2024, a report has said. One of the reasons for this is member states’ delays in meeting targets as set out in the roadmap. Attainment of Single Regional Currency a Top Priority for the EAC Central banks from an African economic union, the East African Community (EAC) are reportedly unsure...
Nigerian BTC Peer-to-Peer Volumes Nearly $400M in H1 of 2022 — Significant Growth in Kenya and Ghana Volumes
Nigeria’s peer-to-peer bitcoin traded volumes of over $1.1 billion between January 2021 and June 2022 mean the West African nation is now Paxful’s largest market. Kenya, which saw traded volumes of over $325 million during the same period, now ranks as the crypto exchange’s second-largest African market, and fifth overall. Financial Exclusion Driving P2P Bitcoin Traded Volumes According to the latest data from the peer-to-peer crypto...
Crypto Miners in Russia’s Irkutsk Region Fined Almost $1.7 Million This Year
Authorities in the energy-rich Russian region of Irkutsk have imposed hefty fines on crypto miners this year for illegal use of electricity to produce digital currencies. Power utilities have also filed hundreds of lawsuits, a report reveals, quoting prosecutors. Irkutsk Crypto Miners Pay 100 Million Rubles in Fines in 2022 Cryptocurrency mining has become a profitable business for many companies in Russia’s energy-rich regions, and...
9,404 Crypto Mining Devices Seized by Iranian Authorities Since March
Iranian authorities have seized nearly 10,000 illegal cryptocurrency mining devices since March. According to reports, many of the seized crypto mining rigs were operating in public locations that receive free or heavily-subsidized electricity, such as schools and mosques. Iran Confiscates Nearly 10K Crypto Mining Devices Kambiz Nazerian, head of Tehran Electricity Distribution Company, said Monday that Iranian authorities have...
