China’s Hainan Province Ramps Up Crackdown on Crypto Mining Operations

China’s Hainan Province Ramps Up Crackdown on Crypto Mining Operations

The province of Hainan in South China has taken steps aimed at curbing crypto mining activities. Besides blacklisting the industry, local authorities are also introducing higher electricity rates for the mining enterprises... Read more »
El Salvador is building a $1 billion Bitcoin City as pressure on Bukele ramps up

El Salvador is building a $1 billion Bitcoin City as pressure on Bukele ramps up

Nayib Bukele, the President of El Salvador, announced that the country will be building a carbon-neutral Bitcoin City. The city will have no property, income, or capital gains taxes, and the massive... Read more »