The European Union has published its new Data Act, a law proposal that aims to regulate the generation and handling of data by the actors that harness it. The act, in its large scope, touches on the subject of smart contracts and proposes that every smart contract should have a termination function to stop the…
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Ukraine is now trying to expose cryptocurrency wallets used by politicians in Moscow amid warnings that Russia may employ digital coins to circumvent sanctions. The initiative comes as western allies agree to expel some Russian banks from SWIFT, the global interbank payments system. Government of Ukraine Seeks Info on Crypto Assets of Russian and Belarusian…
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After the EU, Canada, and the US agreed to remove selected Russian banks from the SWIFT messaging system, the Russian Central Bank is to be targeted next, which could make rubles “close to worthless.” In a joint statement on Saturday evening, the allies said they commit to ensuring that the Russian banks are disconnected…
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Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels, they claim. Bitcoin Mining Allegedly Less Green Since Miners’ Exodus From China Cryptocurrency mining has become a…
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The European Parliament will not hold a planned vote on crypto regulations after texts that can be interpreted as an attempt to ban coins with energy-intensive mining sparked negative reactions. The lawmaker leading the legislative effort says the matter needs clarification before MEPs can have a say, but the head of the ECB has insisted…
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It’s the second day of Russia’s invasion of Ukraine, with the former moving undeterred by the sanctions imposed by certain Western countries. Among a great number of possible effects that the war could have or may have already had globally, the effect on the crypto industry is being discussed as well. … Read More:…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ ____(Updated at 18:23 UTC with the Regulation news section.)… Read More: State Street’s ‘Mega’ Crypto Plan, Hayes Pleads Guilty, Flexpool’s Message to Russia, Pulled NFT Sale + More news…
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Stefan Wolff, Professor of International Security, University of Birmingham. ____… Read More: Ukraine Invasion: What the West Needs to Do Now Read more »Pay, Trade, Buy Bitcoin with Credit Card
As bitcoin (BTC) and crypto markets in general have gone down over the past day and week, amid the escalating tension between Russia and Ukraine, sanctions imposed on the former, and today’s invasion of the latter – more questions keep popping up about the EU and the US central banks’ upcoming decisions…. Read More:…
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Despite Russia launching a full-scale invasion of Ukraine, the war’s outbreak has not yet convinced the European Union to push for the aggressor to be kicked out of the Society for Worldwide Interbank Financial Telecommunication (SWIFT) global payments network — a move that would drastically undermine Russian trade with foreign partners…. Read More: EU…
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