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While several countries like the USA and UK have allowed transactions in cryptocurrencies, with certain regulations imposed, many countries like China, Turkey have banned them completely.
The Joe Biden administration seems to be filled with regulators distrustful of bitcoin (BTC) and other cryptocurrencies - as there are more and larger signals that the US regulators are aiming to 'rein in' the crypto industry by establishing collaborations between agencies.
Kyrgyzstan Seizes 2,000 Cryptocurrency Mining Devices Law enforcement authorities in Kyrgyzstan have confiscated thousands of crypto mining machines as part of a new offensive against illegal cryptocurrency mining in the country. Investigators have also identified industrial enterprises that have been supplying the bitcoin farms with electricity. Security Service Conducts Operation Against Illegal Mining in Kyrgyzstan The State Committee for National Security (GKNB), Kyrgyzstan’s organized crime-fighting agency, has recently found and raided a number of facilities mining...