With Bitcoin’s halving well behind the industry right now, all eyes are now fixed on miners and the ripple effects on crypto mining worldwide. At the forefront of this discussion stands Iran, a country that has a history of facilitating mining services and has used crypto-mining to evade global sanctions.written by Warren and King, the Senators have now sought clarification over the Biden administration’s plans to tackle Iran’s use of cryptocurrency mining to evade U.S.
Not everyone agreed with the scope of these bills though, with some voicing reservations while others claimed that this is simply a temporary solution until something permanent is legislated upon. Needless to say, despite it being almost a month after the halving, miners still have a lot on their minds. Both on the domestic and the international scale.Ishika is a graduate of Political Science from the University of Delhi. From writing content as a hobby to now pursuing it as a professional career, she has been living and breathing content all her life. Her interests lie in making sure articles are very digestible to a common reader, despite all its technicalities and jargons.
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