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Iron Hammer, Paper Hands: Russia Jumps On Crypto Ban Wagon, Moves To Outlaw Crypto Mining And Investment

On Thursday, Russia’s Central Bank launched a proposal to ban both cryptocurrency investments and mining, joining in a chorus of governments around the world cracking down on digital currencies while highlighting the various threats cryptocurrencies pose to monetary stability and private citizens. 

PoW Mining and Cryptocurrencies Come Under Fire In Sweden

Proof of Work (PoW) mining has come under fire by Swedish financial and environmental regulators. A recent proposal was signed by both the Financial Supervisory Authority and the Environmental Protection Agency that points out many of the common but often misplaced fears about Bitcoin and cryptocurrencies.