But last week it closed its Ontario operations, following a crackdown by provincial regulators on cryptocurrency trading. Other cryptotraders (including Bybit Fintech) have been accused by the Ontario Securities Commission (OSC) of unregistered trading and failing to disclose required information. Bitcoin mining alone uses up more electricity each year than a medium-sized country (like Norway or Argentina). Economist Alex de Vries estimates bitcoin mining adds 90 megatonnes per year to global greenhouse gas emissions. Loading... Loading... Loading... Loading... Loading... Loading...Jim Stanford, director of the Centre for Future Work in Vancouver, is a freelance contributing columnist for the Star.

Source: thestar July 09, 2021 06:33 UTC