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Latest from Eliza Gkritsi
China’s Supreme Court Targets Illegal Fundraising Via Crypto Transactions
The ruling paves the way for violators to be criminally prosecuted, with a punishment of up to 10 years in prison and fines of up to $79,000.

BC Group, Archax, InvestaX Form Consortium on Security Tokens Globally
The consortium wants to tackle cross-border technical and regulatory interoperability for security tokens.

China's Zhejiang Province Implements Punitive Electricity Prices for Crypto Mining
Authorities are still working to eliminate the industry months after it was banned.

Huobi Plans Return to US Months After Shuttering China Business
The company will focus on asset management instead of an exchange business.

Kazakh Authorities Bust 202MW of Illegal Crypto Mines
The Central Asian country has struggled to meet electricity demand, particularly after miners flocked there from China.

Intel Reveals First-Gen Mining Chip, Second Gen Still Under Wraps
The first generation of Intel's chip isn't a match to Bitmain and MicroBT's latest machines.

UAE to Issue Crypto Licenses in Bid to Become Industry Hub: Report
The Middle Eastern country is gearing up to become a global crypto hub.

China Casts Long Shadow Over Hong Kong's Once-Vibrant Crypto Industry
The city's regulators are looking to finally provide some clarity. Will it be enough to retain crypto companies leery of China's growing sway?

Questions Swirl Around NuMiner’s ‘Best in Class’ Bitcoin Mining Rig
Among other discrepancies, the chipmakers supposedly involved with NuMiner said they were unfamiliar with the project.

Crypto Miner BIT Mining Ditches Data Center Build in Kazakhstan Due to Unstable Power Supply
The company’s bitcoin mining rigs hosted by third-party data centers in the country remain operational.
