With the growing capitalization of the crypto economy, Russians have been making crypto transactions worth billions of dollars a year, data gathered by the Central Bank of Russia shows. Russian residents are some of the most active participants in the crypto market, the regulator has acknowledged. Russians Among Most Active Crypto Users, Central Bank Admits…
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Authorities need to expand the regulatory framework for cryptocurrency miners, a member of the parliament in Kazakhstan has suggested. The additional rules should streamline their activities and help correct the forming public opinion that they are responsible for the country’s electricity deficit. Crypto Mining in Kazakhstan Needs Additional Regulations, Lawmaker Says New regulatory requirements and…
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Today’s fast-evolving crypto markets offer a range of yield-generation opportunities for investors who want to generate investment returns on top of capital appreciation. Read on to discover five ways to earn yield on your crypto investments. When it comes to earning yield on your digital assets, staking coins is typically among the first options for…
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The concept of the metaverse is starting to blow up, and many of the early companies that are invested in it are already reaping some of the benefits from this new trend in the market. Digital land plots in virtual worlds are now selling for millions of dollars on different platforms, including Decentraland and Axie…
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A working group on cryptocurrencies and related activities will soon begin to meet at the State Duma, the lower house of Russian parliament. Its members are expected to take on the task of clarifying various regulatory aspects related to digital financial assets such as the legalization of mining and the introduction of taxation. Working Group…
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Changes to the rules governing activities of crypto exchanges in Uzbekistan now allow residents to trade coins on licensed platforms. Uzbekistanis could previously only sell their digital assets. The new provisions also regulate the issuance of tokens and their listing.
Uzbekistan Loosens Restrictions on Domestic Crypto Trading
Uzbekistanis will be able to trade…
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China’s crackdown on its crypto mining sector, launched earlier this year, caused a massive migration of mining enterprises to friendlier jurisdictions. Miners have been moving enormous amount of coin minting hardware to new bases around the world, with Russia reportedly taking the largest share among several attractive destinations, including the U.S. Russia, Kazakhstan, US Accept…
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The Council of the European Union has adopted a position on two proposals – the Regulation on Markets in Crypto Assets (MiCA) and the Digital Operational Resilience Act (DORA) – that are part of the European Union’s much-discussed digital finance package. Owing to this, the Council doted itself with a negotiating mandate for trialogue talks…
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Mercadolibre, one of the biggest online retailers in Latin America, has started rolling cryptocurrency trading services to a selection of their customers and plans to expand this test in the coming weeks. Mercadopago, the payments service native to the platform, will allow these customers to purchase, hold and sell cryptocurrencies directly from the platform. The…
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The former Secretary of State warns that if left unregulated, cryptocurrency markets and social media platforms could destabilize the US Dollar as the reserve currency Former Secretary of State HIllary Clinton has said that cryptocurrency markets need stronger regulations to protect against technological manipulation by Russia, China, and others. Her comments on cryptocurrency were part…
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