Weekly News Overview: Cryptocurrency
Ukrainian Regulations States That Mining Does Not Require Governmental Oversight Ukrainian’s powers stated that crypto mining does not require regulatory activity from governmental oversight bodies or other third-party protocols. In its legal article on virtual assets published on Feb. 7, the Ministry of Digital Transformation of Ukraine specified that mining does not necessitate directives by state authorities as this activity is measured by the protocol itself and network members. Internet Surges 300% In North Korea Over The Past 3 Years North Korea’s internet use saw a 300% surge over the past three years, as the country’s regime has continued to rely on cryptocurrencies for various activities. Misuse of crypto and blockchain technology is among the primary tactics for the country to generate revenue as well as transfer and use illicitly obtained funds, a new study says. Blog U.S. Think Tank Contradicts Need For Federal Digital Currency ...