Venezuela’s peer-to-peer bitcoin activity has been extraordinary, whether measured as an absolute or relative to GDP, according to CoinDesk Research data.
The Breakdown weekly recap looks at bitcoin buying by Iran, JPM Coin and the latest round of lockdowns coming to Europe.
Strapped for international currencies, Iran is turning to cryptocurrency to allow imports to continue flowing.
Three Iranian power plants with enough output to supply half of New York City will begin selling some surplus power to crypto miners.
As some bitcoin options traders bet on new all-time highs and another DeFi protocol is attacked, CoinDesk’s Markets Daily is back for your latest crypto news roundup!
An Iranian free trade zone is proposing locally mined cryptocurrency might be a way to fund car imports.
The government wants to "eliminate the confusion of cryptocurrency activists" with its call for mass mining registration.
An Iranian lawmaker wants his country’s central bank to take bitcoin seriously.
Iran's President has ordered officials to develop a new approach to cryptocurrency mining.
Legislation proposed this week would make it increasingly difficult, and risky, for cryptocurrency exchanges to sell bitcoin in Iran.
A Turkish firm has been granted a license to operate a data center with up to 6,000 bitcoin mining machines.
Regions with weak states and educated diasporas are seeing a rising demand for cryptocurrencies, stablecoins and decentralized applications.
Although China remains the leading region for bitcoin mining, the coronavirus downturn is changing the picture in other geographies.
Bitcoin fell 40 percent this week from coronavirus shocks, but it's still seen as a safe haven in the Middle East.
Energy experts say incumbents are complacent about the dominance of the U.S. dollar in oil markets while China and Russia may try to force change.