Category: Criticizes

Hive Criticizes Norwegian Government Amid Concession Cuts to Miners

Hive Criticizes Norwegian Government Amid Concession Cuts to MinersHive Blockchain Technologies has published an update regarding the company’s response to the Norwegian Parliament’s recent approval of a legislative bill that will restrict cryptocurrency miners from accessing the tax relief on electricity consumption available to other power-intensive industries. The release criticizes the government’s “unilateral” move to suspend the subsidy without consulting with representatives of […]

The post Hive Criticizes Norwegian Government Amid Concession Cuts to Miners appeared first on Bitcoin News.

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Treasury Committee Criticizes UK Regulators’ “Unsustainable” Crypto Stance

Treasury Committee Criticizes U.K. Regulators’ “Unsustainable” Crypto StanceThe parliamentary report published by the UK Treasury Committee has advocated for regulation of the “wild west” crypto-assets sector. The report criticizes the “ambiguity” of the current stance of UK regulators, arguing that with effective regulations, the United Kingdom could become a “global center” for the emerging cryptocurrency sector. Also Read: Brazil’s Biggest Banks Under […]

The post Treasury Committee Criticizes UK Regulators’ “Unsustainable” Crypto Stance appeared first on Bitcoin News.

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