China’s bitcoin mining is threatening its climate change targets

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In this article PLTR PYPL Technicians make repairs to bitcoin mining machines at a mining facility operated by Bitmain in Ordos, Inner Mongolia, China, on Friday, Aug.11, 2017.Qilai Shen | Bloomberg | Getty Images China could end up exceeding its emissions reduction targets as a result of carbon-intensive bitcoin mining, according to a study published…

Bitcoin: Coinbase rival Kraken may go public via direct listing

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Jesse Powell, CEO of cryptocurrency exchange Kraken, sits for a photograph at the company’s San Francisco office in 2014.David Paul Morris | Bloomberg via Getty Images Cryptocurrency exchange Kraken is considering going public through a direct listing in 2022, after seeing record trading volumes and new clients amid a surge in the price of bitcoin…

A ‘win’ for fossil fuels: green groups critical as former Origin Energy boss named chief of climate body | Australian politics | The Guardian

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Environment groups and the Greens have questioned the appointment of former Origin Energy chief Grant King as the new chairman of the Climate Change Authority, while former members of the authority have described it as a “win” for the fossil fuel industry. The energy and emissions reduction minister, Angus Taylor , announced King’s appointment on…

FCA has increased surveillance over last 12 months

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Michael Lloyd Cryptocurrency , Industry News , News , Top 3 AML & ABC Forum 2021 , Anti Money Laundering , crypto , FCA , Mark Steward The Financial Conduct Authority (FCA) has highlighted the importance of anti-money laundering (AML) and said that it has increased its surveillance. Two of its biggest sanctions in the…

Green Tech Week: bitcoin’s energy controversy

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We’re continuing our Green Tech Week with a look at bitcoin today.More on that shortly.Having trouble viewing this email? View in browser Sam Volkering | 06 Apr 2021 Green Tech Week: bitcoin’s energy controversy In today’s Exponential Investor …Don’t forget your free report The best takedown I’ve read Green crypto We’re continuing our Green Tech…

How South African businesses use Bitcoin to evade tax

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Staff Writer Many South African businesses are evading tax by converting their profits into Bitcoin and transferring it unnoticed out of the country. This is feedback from a well-placed South African businessman who said there are cryptocurrency platforms and agents who are facilitating these transactions. The scheme is aimed at local businesses which mostly trade…

War On Cash: The Next Phase Begins | ZeroHedge

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War On Cash: The Next Phase Begins by Tyler Durden Authored by James Rickards via The Daily Reckoning, With so much news about an economic reopening, a border crisis, massive government spending and exploding deficits, it’s easy to overlook the ongoing war on cash. That’s a mistake because it has serious implications not only for…

Billionaire investor Mark Cuban praises controversial Ethereum network upgrades and says its uses will ‘dwarf’ bitcoin’s

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Apr.7, 2021, 01:57 PM Mark J.Rebilas/Getty Images Mark Cuban said the Ethereum upgrades will make it more eco-friendly and usable.The billionaire investors said he was excited about smart contracts and NFTs on Ethereum.”Let’s just say I own a lot more Ethereums than I do bitcoins,” he told the Unchained podcast.Sign up here for our daily…

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