As Iran’s energy consumption rises during the winter, local energy authorities have decided to halt the operations of authorized cryptocurrency mining centers in a bid to reduce liquid fuel consumption in power plants amid decreasing temperatures.
Cryptocurrency exchange Kraken is developing a marketplace that will allow its users to take out loans collateralized by their non-fungible tokens, according to the firm’s CEO Jesse Powell.
Binance has received in-principle approval from Bahrain’s central bank to be a cryptoasset service provider in the kingdom. The exchange still needs to go through a full application process that the exchange said would be completed “in due course.”
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Top stories in the Crypto Roundup today:
- Iran Halts Authorized Crypto Mining to Save Energy
- Kraken’s Marketplace to Allow NFT-Collateralized Loans
- Binance Gets Regulatory Nod in Bahrain
- What is Avalanche (AVAX)?
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