In the hinterlands of Australia’s historic goldfields, Vicki Plumridge jumps for joy when she digs a small golden nugget out of the earth. The retired retail worker was learning how to use her new metal detector when it started bleeping by the moss-covered ruins of a building. After Plumridge dug the nugget out of the shallow dirt with a plastic trowel, a guide estimated it was around 0.2 of a gram of gold, worth about $40 Australian Dollar ($26.58). “But to me, it’s worth a million dollars,” said the 63-year-old, who had bought the detector only a few days before. “My heart is singing.” Vicki Plumridge, 63, a retired retail worker, reacts as Peter Vanjek, 65, a Gold and Relics prospecting tour guide, tells her she has found a small gold nugget during a Gold and Relics metal detector training session in Mount Doran, Australia, November 29, 2025. — REUTERS Plumridge’s story is becoming more common, as hobbyists flock to Australia’s 9,600 sq km “golden triangle” in the heart of Victoria state, known as one of t...
Russia’s justice ministry proposed fines and prison for illegal crypto mining, as officials say most miners still haven’t joined the tax register. Russia has proposed a new draft bill seeking to crack down on unregistered cryptocurrency miners in the country, following concerns from the finance minister about illegal mining activity. Russia’s Ministry of Justice has proposed imposing penalties of up to 1.5 million rubles (about $19,000) and up to two years of forced labor for illegal cryptocurrency mining, according to new draft amendments to the Criminal Code, published on Monday. For crypto mining activities involving outsized profits, the maximum sentence could reach up to five years in prison, 480 hours of forced labor, and a fine of up to 2.5 million rubles. Read more
As Strategy doubles down on its Bitcoin-first treasury approach, analysts warn that debt, dilution and market volatility could test the model’s resilience heading into 2026. In early 2025, Michael Saylor’s technology company MicroStrategy officially rebranded to Strategy and adopted a Bitcoin-themed visual marketing program to reflect its core focus as the world’s largest corporate BTC holder. As of Dec. 30, Strategy has accumulated 672,497 Bitcoin (BTC), valued at nearly $59 billion and acquired at an average price of $74,997 per coin. With Bitcoin trading near $88,000, the company is sitting on an unrealized gain of roughly 17%. However, despite the paper profits, pressure has been building. Strategy must continue servicing dividends and financing costs tied to the preferred shares and debt used to fund its Bitcoin purchases, creating fixed cash obligations regardless of Bitcoin’s price moves. Read more
CARF data collection starts Jan. 1, 2026, in 48 jurisdictions, including the UK and EU, pushing crypto platforms to gather tax residency details and report transactions. From Jan. 1, 2026, crypto users in 48 jurisdictions, including the United Kingdom and the European Union, will start to feel the first real effects of the Organization for Economic Co-operation and Development’s (OECD’s) Crypto-Asset Reporting Framework (CARF) as early‑moving jurisdictions begin collecting standardized data from exchanges and platforms. CARF requires in-scope providers to gather more detailed customer information, verify tax residency and report users’ balances and transactions annually to their domestic tax authorities, which will then share that data across borders under existing information‑exchange agreements. Lucy Frew, partner and head of the global Regulatory & Risk Advisory Group at international law firm Walkers, told Cointelegraph that CARF is a “game-changer,” and “set to reshape compliance for digital asset busine...