A business leader has said that a soon-to-be-unveiled Russian draft crypto regulation bill – which proposes bringing crypto into a strict regulatory framework – is effectively a way to discourage Russians from using cryptoassets…. Read More: New Russian Law ‘Will Dampen Public’s Interest in Crypto’, Says Biz Leader Read more »Pay, Trade, Buy Bitcoin…
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The Turkish government is working on plans to get its citizens to hand in ‘under the mattress’ gold in its latest scheme to prop up the value of its national currency, the lira. But according to some, the country would have been much better off had it just embraced bitcoin (BTC)…. Read More: Turkey…
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Global regulators are “going full steam” on cryptocurrency regulation. “The current structure is no longer fit for the purpose with the development of cross-border digital market activities,” said the chairman of France’s markets watchdog AMF. Global Regulators Going Full Steam on Cryptocurrency Regulation Robert Ophèle, chairman of France’s markets watchdog, the Autorité des marchés financiers…
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Crypto is making its presence felt through its absence at the Winter Olympics, currently underway in China. The International Olympic Committee (IOC) has struck a partnership deal with nWay, a subsidiary of the play-to-earn (P2E) gaming giant Animoca Brands, which has released the “official video game” of Beijing 2022. The snag? It’s banned in…
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The commission will have until Aug. 8 to submit a report including a “review and investigation regarding the current status of the cryptocurrency and digital asset industry” as well as on applicable laws in the U.S. and abroad. Chris Sununu, who has served as the Governor of New Hampshire since 2017, has established a commission…
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The governor of India’s central bank, the Reserve Bank of India (RBI), has reiterated his concerns that cryptocurrency is a “big threat” to the country’s financial and macroeconomic stability. He also warned investors of the risks of investing in crypto, stating this type of investment has no underlying value. RBI’s Multiple Concerns About Crypto Reserve…
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The Russian government appears to be preparing the ground for the legalization and regulation of the Bitcoin (BTC) and crypto mining sector – and is already planning what looks like a way for miners to sell their tokens to overseas buyers even after the nation begins policing crypto transactions…. Read More: Russia Plans to…
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The environmental impact of Bitcoin (BTC) and crypto mining took center stage during a hearing on digital assets in the US Senate’s Committee on Agriculture on Thursday, as some senators voiced concerns over the “astonishing” energy usage associated with mining. As reported, the Bitcoin mining network is estimated to contribute less than 0.08% to…
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Providing more regulatory clarity is the most important thing that can be done in order to attract crypto innovators to the US, FTX CEO Sam Bankman-Fried told senators. He was speaking during a hearing on digital assets in the US Senate’s Committee on Agriculture…. Read More: Regulatory Clarity Would Bring More Crypto Trading to…
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The two bills introduced on Feb. 2 propose allowing the state of Tennessee as well as its counties and municipalities to invest in crypto, as well as forming a committee aimed at studying crypto and blockchain. Jason Powell, a member of the Tennessee House of Representatives, has introduced a bill proposing counties, municipalities, and the…
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