Bit Digital Expands Mining Operations in Iceland Amidst U.S. Regulatory Pressure

With growing pressure from U.S. regulators, Bit Digital, a New York-based mining company, is expanding its infrastructure in Iceland. The company plans to locate 2,500 recently purchased mining rigs in Iceland.As Bit Digital CEO Samir Tab ...

EU Lawmakers Propose Tax Reporting Requirements for Digital Asset Companies

EU lawmakers plan to require companies related to the storage, trading and investment in digital assets to provide tax authorities a report on the balance sheets of their customers. According to the initiators of the bill, the development of the document is due to the need ...