Category: Cryptocurrency

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Inflation Is ‘Huge Danger’ as the US Government ‘Overdid It a Little’ – Charlie Munger

  While Berkshire Hathaway’s Vice Chairman Charlie Munger continues to voice his usual criticism of crypto, he also warns that inflation “is a very serious subject, you could argue it is the way democracies die” and “a huge danger.” He was speaking during an interview with Yahoo Finance. According to Munger, the US government “probably…
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Slovenian Finance Ministry Unveils Draft Bill To Tax Crypto Trading

  In another sign of intensifying work on crypto-related legislation among European countries, the Slovenian Ministry of Finance has released a draft bill that is to introduce a tax on cryptoasset trading. As a next step, the government could submit the draft bill to the Slovenian parliament for further legislative work…. Read More: Slovenian Finance Ministry…
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Banning Crypto Is Like Banning Internet in Russia, Finance Minister Says Amid Differences With Central Bank

It’s impossible to ban cryptocurrencies in Russia, the country’s minister of finance has stated in his first comments on his department’s latest disagreements with the Russian monetary authority. The two institutions are reportedly failing to reach consensus on crypto regulation but the treasury intends to submit draft legislation despite their differences. Disagreements on Future of…
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Late Drama Threatens to Disrupt Russian Crypto Regulation Plans

  Friday is supposedly D-Day for Russian parliamentarians, who are set to unveil their much-talked-about draft crypto regulation bill – but the drama continues to rumble on, leading some to questions whether the law will indeed pass as quickly as some have hoped…. Read More: Late Drama Threatens to Disrupt Russian Crypto Regulation Plans  Read…
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Russia’s Economy Ministry Calls for Introducing ‘Acceptable’ Electricity Rates for Miners

The Ministry of Economic Development of Russia has suggested that crypto mining should be allowed in energy-rich regions and miners provided with access to inexpensive electricity. The department has joined calls to legalize the industry and utilize Russia’s strengths as a mining destination. Crypto Miners Should Have Access to Cheaper Power, Economy Ministry Says Amid…
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Canada Asks Banks, Exchanges to Block Crypto Accounts Tied to Trucker Convoy Protests

  The Royal Canadian Mounted Police (RCMP), the country’s federal and national police service, has reportedly asked several crypto exchanges to halt transactions to over 30 crypto wallet addresses that are considered to be tied to the ongoing trucker protests…. Read More: Canada Asks Banks, Exchanges to Block Crypto Accounts Tied to Trucker Convoy Protests…
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Study: 68% of Americans Aware of Risks Involved With Cryptocurrencies

Nearly seven out of ten surveyed Americans said they were aware of risks that are associated with cryptocurrencies, a new study by Nordvpn has found. However, about 32% of the respondents said they were not aware of any risks. Understanding Cryptocurrencies According to the findings of a new Nordvpn study, about seven in ten Americans,…
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Bank of Russia Reports First Successful Digital Ruble Transfers Between Users

Testing of the digital ruble has started in Russia with the country’s central bank announcing the first complete transactions between individual wallets. The monetary authority, a staunch opponent of cryptocurrencies, says its digital currency will create new opportunities for citizens, businesses, and the Russian state. Digital Ruble Transactions Carried Out by Commercial Banks and Bank…
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French Presidential Candidate Pushes For Tax Reform On Crypto, NFTs

  Crypto and blockchain are becoming an important element of the French political narrative, as indicated by recent statements by political newcomer Éric Zemmour, a popular pundit who is running in this year’s presidential election. The far-right candidate recently tweeted his proposals on crypto after he had paid a visit to the office of hardware…
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RCMP asks crypto exchanges to halt trading for wallets connected to truck convoy protests

Police are believed to have sent ultimatums to protestors dwelling in the Ottawa downtown, telling them to “leave now.” As reported by Canadian news outlet The Globe and Mail, the Royal Canadian Mounted Police (Canada’s federal police force) sent letters to several cryptocurrency exchanges demanding that they “cease facilitating any transactions” with more than 30…
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