Illegal Crypto Miners Threatened With Jail Time in Russia

Cryptocurrency miners that are illegally connecting their equipment to the power grid should go to prison, says a Russian lawmaker who recently announced that his nationalist party is working on draft legislation to regulate the crypto activity. The industry cannot rely on support from the state, another high-ranking parliamentarian has added. Unauthorized Use of Power … Read more

New Cryptocurrency Bill Advances to Senate in Brazil

A new cryptocurrency bill was approved by the Chamber of Deputies of the Brazilian Congress last week, and is now awaiting review by the Senate for approval. The project, if approved, would introduce a central body to regulate all cryptocurrency brokerage activity — ostensibly the Central Bank of Brazil — and establish new penalties for … Read more

Creator Community Rally Taps Ex-Facebook Employee as General Counsel

Creator community Rally has announced it has a new general counsel, Rob Collier, who comes from a pedigree of leading the compliance efforts inside Facebook/Meta’s key crypto initiatives, Novi. Collier joins an already accomplished group of executives that worked at some of the largest web2 social and creator-focused platforms such as Patreon, Twitter, YouTube, Kickstarter, … Read more

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