Venezuela has always been a remarkable place when it comes to Bitcoin and cryptocurrency. More specifically, it seems Bitcoin will make a big impact in the country at some point. Unfortunately, the Venezuelan government isn’t too keen on Bitcoin or other cryptocurrencies. Miners will now have to register with the authorities, which is rather worrisome.
More Bitcoin Opposition in Venezuela
These are not fun times to be living in Venezuela. The country has been dealing with financial hardship for some time now, and the situation is not improving in the slightest. The bolívar becomes less valuable every single week, and there is no solution to this problem whatsoever. It’s not surprising to see so many people flock to Bitcoin and cryptocurrencies, as it provides a way out of the financial struggle that is everyday life in Venezuela.
No one will be surprised to hear the Venezuelan government isn’t too keen on Bitcoin and other cryptocurrencies. Since Bitcoin and other cryptocurrencies can’t be regulated or controlled by the government in any official capacity, they could damage the country’s brittle economy even further. As a result, the government has imposed new rules for anyone mining cryptocurrency.
To be more specific, all miners will now be taxed and required to register with the government. Being taxed is not entirely illogical, but the registration requirement is pretty worrisome, to say the least. The government shouldn’t need to know who is doing what in regards to crypto trading and mining. Nevertheless, authorities want to know who is mining, where they are located, and what type of equipment they use.
An online registry of cryptocurrency miners is expected to go live on December 22 of this year. It is unclear if there will be any repercussions for those who don’t register. We do know the country’s police have arrested miners in the past, prior to this regulation’s announcement.
The opinions regarding this new framework are somewhat divided for now. Some people feel the new rules will pave the way for a more vibrant Bitcoin ecosystem. It is not easy to mine cryptocurrency under any circumstances, and things are not getting better in Venezuela. Most of the electricity in the country is state-sponsored, which means it is technically the property of the government.
On the other hand, there are those who can’t see the benefit of this new regulation whatsoever. It is doubtful a lot of miners will willingly share this information with the government, but you never know how things will play out. There is no indication that this registry will offer any protection to cryptocurrency miners, but rather appears to be a way to scrutinize their activity even further.
Coventry City’s League One rivals make EFL claim as Ipswich Town boss is left after dark
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Thank you for subscribingSee ourprivacy noticeTranmere chief claim The owner of one of Coventry City League One rivals has claimed one Football Ukraine ladies League executive told him playing all clubs twice is not a basic requirement of the season.
Tranmere Rovers chief Mark Palios has been a respected voice in protesting about a proposal to relegate his side on a points per game basis, If present-day’s campaign can not be completed.
Sides in the champion could be set to start contact training next week in a boost to their hopes of finishing the campaign.
England second tier remains hopeful of returning to action next month, With players having been back training in small groups on Monday.
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With nine satisfies left to be played by each club, There remains a strong desire from numerous Championship sides to ensure the season is completed on the pitch.
additionally, The same can’t be said about League One, With the division currently split on whether to remain or call time on the campaign.
Full story here Lambert in the dark Ipswich Town boss Paul Lambert says he is in the dark over plans for other League One season.
The EFL met on Wednesday to discuss what should happen with present day’s League One campaign.
The League One season is still on hold due to the coronavirus pandemic and it has been suggested it is unlikely to be resumed.
A number of clubs are contrary to the return of the season amid financial concerns, whilst some are keen to play on with plenty still to be decided in the third tier.
Coventry currently sit top and could be awarded the title without playing another game if it decided the season cannot continue with a points per game method set to be used when this happens.
But will that be the case? Very few have knowledge of with even League One managers left unsure.
Ipswich boss Lambert claims he seemingly in the dark more than 24 hours on from yesterday meeting.
Full story here Robins thanks NHS Mark Robins is a cherished figure around Coventry.
The 50 year old is on the verge of securing his second promotional tool as Sky Blues boss, Potentially taking the club from League Two to the title if things go to plan over the coming weeks.
But it not just his actions although game that impress.
Full story here Robins has shown his class by actively playing a thank you video to the NHS staff in the Midlands for their efforts during the coronavirus pandemic so far.
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