Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners

The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share information about their digital assets. Crypto Companies in Russia Want to Take Part in … Read more

Cryptocurrency? Is it a good investment? Why experts recommend Polkadot (DOT), Decentraland (MANA) and TMS Network (TMSN)

Every crypto investor is on the lookout for the next coin that will offer a massive ROI. Most investors have chosen Polkadot (DOT) for its exchange safety and Decentraland (MANA), which has seen a rally recently. However, the first choice of most industry experts and market analysts remains TMS Network (TMSN). Polkadot (DOT) on the … Read more

Indian Central Bank Chief: US Banking Crisis Clearly Shows Risks Crypto Poses to the Financial System

The governor of India’s central bank, the Reserve Bank of India (RBI), says the “ongoing U.S. banking crisis” clearly demonstrates the risks cryptocurrency poses to the financial system. The central bank chief added that the “Indian economy remains resilient,” emphasizing that the “worst of inflation is behind us.” India’s Central Bank Governor on Crypto Risks … Read more

Dubai Free Trade Zone Partners With South Korean Companies to Expand Web3 and Metaverse Business

The Dubai Multi Commodities Centre, one of the biggest free trade zones in the world, signed agreements with governments and companies in South Korea to bring more Web3 and metaverse businesses to the emirate. The objective of this move is to consolidate the status of Dubai as an international blockchain hub in the region. Dubai … Read more

Undeterred by Fears of a Banking Crisis, ECB Raises Interest Rates by 50bps

The European Central Bank (ECB) has convened to raise three of its key interest rates by 50bps (0.5%), fueled by the persistence in the inflation numbers reported by the bloc. Christine Lagarde, president of the institution, stated that the banking sector in Europe was resilient and that the institution was ready to provide liquidity if … Read more

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