THE DAILY ENCRYPT

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Bitfarms Buys Land to Open New Mining Facility in Canada

Bitfarms, a corporate player in the bitcoin mining world, has announced a new acquisition of land and a facility in Canada. The purchased land is located in Sherbrooke, Quebec, and according to a press release issued by the company, it will serve to replace one of the other facilities the company has in the country.

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Japan Orders Crypto Exchanges Not To Process Transactions Involving Russian Assets

On Monday, Japanese authorities directed cryptocurrency exchanges to refrain from processing transactions involving digital assets that are liable to asset freeze restrictions on Russia and Belarus over the Ukraine war. The move comes in response to a Friday Group of Seven (G7) statement in which Western nations announced they would enforce penalties on illegal Russian individuals who use