Russia’s Bitcoin Mining Sector Records Growth as Mining Farms Increase by 7% in 2024: Report

A recent report shows Russia’s Bitcoin mining sector expanded 7% in 2024, reaching 136,600 units, driven by an increase in mining farms. However, this growth raises concerns about energy consumption, regulation, and the strain on Russia’s power grid, as many mining operations remain unregistered.
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SEC to Drop Enforcement Case Against Coinbase, Pending Approval

The SEC has agreed to drop its enforcement case against Coinbase, pending commissioner approval, marking a significant shift in regulatory attitudes towards the cryptocurrency industry and signaling renewed optimism for clearer regulations.
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