• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Westlock County: New Regulations for Crypto Firms and Data Facilities

user avatar

by Giorgi Kostiuk

13 hours ago


Westlock County in Canada is planning to revisit its regulations for cryptocurrency firms, which will allow them to build larger facilities in the region.

Changes in the Data Processing Facilities Bylaw

Westlock County is presenting new amendments to the Data Processing Facilities bylaw, following a rise in proposals for high-powered facilities. This initiative was introduced at the council meeting on July 8.

Types of Facilities and Land Use

Under the new proposal, data processing facilities are categorized based on energy consumption. Major facilities, requiring one megawatt or more, will be permitted only in industrial areas. In contrast, minor facilities can be located elsewhere at the discretion of local authorities.

Noise Pollution and Public Hearings

Noise pollution remains a significant concern for residents. Due to this, new amendments require developers to submit a noise mitigation plan, which may include monitoring. Discussions on the new regulations are scheduled for a hearing on September 9.

The revision of regulations in Westlock reflects the region's efforts to adapt to the growing interest in cryptocurrencies while addressing related concerns.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Ripple Introduces RLUSD and Its Impact on XRP and USDC

chest

The launch of Ripple’s stablecoin RLUSD sparks discussions on the roles of XRP and competition with USDC.

user avatarGiorgi Kostiuk

AguilaTrades: Significant Losses on Ethereum Short Positions

chest

Trader AguilaTrades experiences significant losses on Ethereum shorts with total unrealized losses exceeding $1.8 million.

user avatarGiorgi Kostiuk

BlockDAG Raises $343 Million in Presale with No Vesting Period

chest

BlockDAG successfully raised $343 million through a presale with community engagement and no vesting periods.

user avatarGiorgi Kostiuk

Ripple and Its RLUSD: Competition in the Stablecoin Market with USDC

chest

Ripple highlights the launch of stablecoin RLUSD, sparking discussions on competition with Circle's USDC.

user avatarGiorgi Kostiuk

Circle and USDC: New Regulations for Stablecoins

chest

New regulations for stablecoins in the US aim to increase transparency and security, particularly for Circle's USDC.

user avatarGiorgi Kostiuk

UK Plans $7.1 Billion Bitcoin Sale to Address Budget Shortfall

chest

The UK government is discussing selling seized Bitcoin worth $7.1 billion to tackle a £20 billion budget deficit.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.