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Bitcoin mining operations in Paducah, Kentucky, are drawing substantial electrical resources, per recent municipal disclosures. Local utility provider Paducah Power identifies two bitcoin mining firms among its 10 largest industrial electricity consumers. Bitcoin Operations Drive Paducah’s...

Banks Holding Cryptocurrencies Face Strict New Regulations in European Parliament

A report on a draft measure that would require banks that hold cryptocurrencies to put aside a significant amount of capital in an attempt...

‘Cryptoqueen’ associates face German court for role in $4B OneCoin scheme

Three associates of fugitive OneCoin founder Ruja Ignatova, known colloquially as the “Cryptoqueen,” have faced a German court over allegations of fraud, money laundering...

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