Russian prosecutors have dismantled a massive illegal crypto mining farm operating on state-owned land without permits, disguised as an industrial plant. In Nazarovo, an industrial town in Krasnoyarsk Krai, Russia, prosecutors have shut down an illegal open-air crypto mining operation…
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Chinese Bitcoin mining hardware giants are closing in on U.S. markets, what are the risks? [btcmanager]
Three Chinese firms that control more than 90% of Bitcoin mining hardware market are reportedly setting up manufacturing hubs in the U.S. as direct result of President Trump’s tariff war. According to a recent report by Reuters, the world’s top…
Compliance as a catalyst: The key to mass adoption and the future of crypto | Opinion [btcmanager]
Crypto is a powerful innovation waiting for the rules that will pave the way for crypto’s mass adoption.
Iranian crypto exchange Nobitex suffers $81M exploit, pro-Israel hacker group takes credit [btcmanager]
Iran’s largest crypto exchange, Nobitex, has confirmed a security breach that resulted in the loss of a significant amount of digital assets, as tensions between Iran and Israel spill over into cyberspace. On June 18, Nobitex posted a statement on…
Thailand exempts crypto capital gains tax for 5 years [btcmanager]
Thailand has announced a five-year exemption on capital gains tax for crypto transactions, aiming to boost tax revenue and position the country as a global digital asset hub. Thailand’s Ministry of Finance has approved a new tax measure aimed at…
Crypto ATMs banned in Washington’s Spokane city as scam losses mount [btcmanager]
Crypto ATM operators in Washington’s Spokane City have been ordered to remove their kiosks within 60 days following a citywide ban. The decision was enacted following a unanimous vote during the Spokane City Council’s legislative session on June 17, making…
JPMorgan to pilot JPMD deposit token on Base blockchain [btcmanager]
JPMorgan is set to test a new digital deposit token, JPMD, on Coinbase’s Base blockchain, a move that expands the bank’s blockchain footprint beyond internal systems. As reported by Bloomberg on June 17, the pilot will see a fixed amount…
JD.com to support stablecoin shopping by launching its own HKD-backed stablecoins [btcmanager]
Hong Kong-based e-commerce firm JD.com plans to issue its own stablecoin backed by the Hong Kong dollar by the end of 2025 and potentially support other stablecoins. In an interview with Bloomberg Businessweek, the e-CEO of JD CoinChain Technology Liu…
XRP, SOL ETFs face SEC delay, but approval hopes remain [btcmanager]
The U.S. Securities and Exchange Commission has officially delayed decisions on two additional ETFs, adding them to a growing list of applications now facing extended timelines. According to separate filings published on Tuesday, June 17, the SEC is initiating formal…
Ondo Finance forms Global Markets Alliance to establish tokenized securities standards [btcmanager]
Ondo Finance is bringing together key players in crypto to create a shared framework for tokenized securities, aiming to make real-world assets more accessible and interoperable across platforms. On June 17, Ondo Finance (ONDO) announced the formation of the Global…