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The US Customs and Border Protection (CBP) is ramping up its seizure of Bitcoin ASIC miners, including MicroBT and Canaan devices. CBP last year seized Bitmain Antminer S21 and T21 miners on suspicion that they contained AI chips from restricted chipmaker Sophgo. The seizure is based on 19 USC 1595a (c) (2) (A) and involves unauthorized communications equipment and equipment not certified by the FCC.
Zambia is moving ahead with the enactment of regulations banning the use of foreign currencies, including the US dollar. A draft document released to the public by the Bank of Zambia includes measures in this regard, aimed at strengthening the use of the national fiat currency, the kwacha. The document proposes up to ten years in prison for using currencies other than the kwacha and hefty fines for citizens who violate the rules. The rules, which are expected to be formalized by the finance and ...
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