In the Spotlight
UK FCA Issues Crypto Authorization Guidance Ahead of New Regime
The UK Financial Conduct Authority has issued final guidance outlining when crypto activities may require authorization under the country’s incoming regulatory regime. The guidance covers activities such as issuing qualifying stablecoins, operating crypto trading platforms, dealing and arranging transactions, [...]
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Key Takeaways Ethiopian Electric Power (EEP) cut bitcoin miners to 23% of contracted power after reservoir inflows fell 20%.Ethiopia’s miners used roughly a third of electricity while generating 35% of EEP revenue.EEP will reassess miners [...]
