Russia’s Ministry of Finance is moving forward with its plans to regulate cryptocurrencies in the country and has now introduced a bill to parliament. The bill is based on a previously approved roadmap drafted by several government bodies.
Tech giant Intel has unveiled the technical specifications of its BonanzaAcc Mine bitcoin mining chip. The chip is fabricated in a 7nm process and bundled in lots of 300 to compose a full 3,600W bitcoin mining machine that can mine at 40 terahashes per second (TH/s).
South Korea’s largest bank by net assets, Kookmin Bank, is planning to launch cryptocurrency investment products targeted at retail investors.
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Top stories in the Crypto Roundup today:
- Russian Ministry of Finance Pushes Crypto Regulations Forward
- Intel Unveils New Bitcoin Mining Chip ‘Bonanza Mine’
- Korea’s Largest Bank to Launch Crypto Investment Fund
- Why is Bitcoin’s Supply Limited to 21 Million?
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