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MP urges gov. to submit cryptocurrency bill amid surge in power consumption 06 Jul 2019

MP urges gov. to submit cryptocurrency bill amid surge in power consumption

An Iranian lawmaker called on the government to prepare and submit a bill on cryptocurrencies while reports indicate a surge in the country’s power consumption due to bitcoin mining.

US Congress seeks sanctions on Iran’s cryptocurrency efforts: report 22 Dec 2018

US Congress seeks sanctions on Iran’s cryptocurrency efforts: report

 US lawmakers have introduced a bill this week in Congress to undermine Iran’s efforts to develop its own cryptocurrency. According to New York-based CoinDesk, a news site specializing in bitcoin and digital currencies, Rep. Mike Gallagher has submitted a bill to the US House of Representatives called ‘Blocking Iran Illicit Finance Act’, calling for imposition of […]

Chinese police nab suspects after $87 mn cryptocurrency theft 20 Aug 2018

Chinese police nab suspects after $87 mn cryptocurrency theft

Chinese police have arrested three suspects alleged to have stolen assets worth 600 million yuan ($87 million) through hacking, state media reported Sunday, as cyber criminals target holders of bitcoin and other virtual currencies. Police in the northern city of Xian began investigating in March when a victim surnamed Zhang complained that hackers had taken […]