Cointelegraph

8 Posts
Cointelegraph
Cointelegraph
· May 26

Pakistan allocates 2,000MW power for Bitcoin mining and AI centers

Pakistan has allocated 2,000 megawatts of surplus electricity for Bitcoin mining and artificial intelligence centers as part of a digital transformation initiative led by the Pakistan Crypto Council and Ministry of Finance. The government plans to attract foreign investment and create high-tech jobs by offering tax incentives and duty exemptions...
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Business
Cointelegraph
Cointelegraph
· May 20

Trump signs bill criminalizing nonsensenual AI deepfake porn

US President Donald Trump signed the TAKE IT DOWN Act into law on May 19, criminalizing the creation and distribution of nonconsensual AI-generated deepfake pornography, with penalties including fines and imprisonment. The law requires websites and online platforms to remove illicit deepfake content within 48 hours and to establish takedown...
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Politics
Cointelegraph
Cointelegraph
· May 13

Dubai taps Crypto.com to enable crypto payments for govt services

The Dubai government signed an agreement with Crypto.com to introduce crypto payments for government services as part of its cashless strategy. This initiative aims for 90% of financial transactions in Dubai’s public and private sectors to be cashless by 2026, using stable cryptocurrencies likely including stablecoins. Payments made through Crypto.com’s...
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Business
Cointelegraph
Cointelegraph
· May 10

Bitcoin yet to hit $150K because outsiders are ghosting — Michael Saylor

Michael Saylor, founder of Strategy, attributes Bitcoin’s price not reaching $150,000 to short-term holders selling while new long-term investors enter the market. He explains that many Bitcoin holdings are transitioning from governments, lawyers, and trustees who lack a long-term perspective, leading to liquidity exits as prices rally. Saylor notes that...
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Business
Cointelegraph
Cointelegraph
· May 2

EU to ban anonymous crypto accounts and privacy coins by 2027

The European Union will ban anonymous cryptocurrency accounts and privacy-preserving tokens such as Monero and Zcash starting in 2027 under new Anti-Money Laundering Regulation (AMLR). Credit institutions, financial institutions, and crypto-asset service providers (CASPs) will be prohibited from maintaining anonymous accounts. CASPs operating in six or more EU member states...
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Business