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
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
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 […]