June 17: Telecommunication Companies into Bitcoin Mining
Nigeria has dropped tax charges against Binance executives, a pivotal legal development that could alleviate regulatory pressures on Binance. However, it’s too early to relax. We still have money-laundering charge left with both executives' names on. Wait, wait, telecommunications are eyeing the bitcoin mining business. Chinese telecom provider Coolpad is set to purchase Bitcoin mining rigs, marking its entry into the cryptocurrency mining industry. Similarly, T-Mobile, a major telecom giant in Europe, is venturing into Bitcoin mining as well. T-Mobile's entry into this sector reflects the…
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