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3232Russian Parliament Votes on Bill Opening Door for Digital Ruble
https://www.digit.info/russian-parliament-votes-on-bill-opening-door-for-digital-ruble/
Sat, 18 Mar 2023 07:30:50 +0000https://www.digit.info/2023/03/18/russian-parliament-votes-on-bill-opening-door-for-digital-ruble/Read more]]>Russian lawmakers have approved a draft law facilitating the implementation of the digital version of the national currency, the ruble. The legislation amends various other acts to introduce definitions and establish procedures related to the launch of the central bank digital currency. Russian State Duma Passes Digital Ruble Draft Law on First Reading The lower […]
]]>Uzbekistan Allows Foreign Firms to Deposit Funds From Crypto Trading, Restricts Other Operations
https://www.digit.info/uzbekistan-allows-foreign-firms-to-deposit-funds-from-crypto-trading-restricts-other-operations/
Thu, 16 Feb 2023 21:00:21 +0000https://www.digit.info/2023/02/16/uzbekistan-allows-foreign-firms-to-deposit-funds-from-crypto-trading-restricts-other-operations/Read more]]>The Central Bank of Uzbekistan has permitted foreign-based businesses to open domestic bank accounts and deposit funds received from cryptocurrency trading. These companies will also be able to transfer the money abroad, but operations in the country will be restricted. Uzbekistan Updates Rules for Operations With Proceeds From Crypto Exchange Transactions The Central Bank of […]
]]>Bill on Digital Ruble Submitted to Russian Parliament
https://www.digit.info/bill-on-digital-ruble-submitted-to-russian-parliament/
Sun, 01 Jan 2023 07:00:33 +0000https://www.digit.info/2023/01/01/bill-on-digital-ruble-submitted-to-russian-parliament/Read more]]>A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation introduces rules determining how the new form of national fiat will be issued and amends a series of legal acts to facilitate its implementation. Bank of Russia to Be the Sole Operator […]
]]>Bitcoin’s Difficulty Slides 7.32%, Reduction Marks the Largest Drop in 2022
https://www.digit.info/bitcoins-difficulty-slides-7-32-reduction-marks-the-largest-drop-in-2022/
Tue, 06 Dec 2022 06:30:28 +0000https://www.digit.info/2022/12/06/bitcoins-difficulty-slides-7-32-reduction-marks-the-largest-drop-in-2022/Read more]]>On Dec. 5, 2022, at block height 766,080, Bitcoin’s mining difficulty adjustment dropped 7.32% lower, making it the largest difficulty reduction in 2022. The current difficulty is approximately 34.24 trillion and it will remain at this point for the next two weeks or 2,016 blocks. Bitcoin Miners Catch a Break as the Network’s Difficulty Drops […]
]]>Bitcoin’s Mining Difficulty Taps a Lifetime High, Glassnode Says BTC Miners Remain ‘Under Immense Pressure’
https://www.digit.info/bitcoins-mining-difficulty-taps-a-lifetime-high-glassnode-says-btc-miners-remain-under-immense-pressure/
Mon, 21 Nov 2022 08:00:21 +0000https://www.digit.info/2022/11/21/bitcoins-mining-difficulty-taps-a-lifetime-high-glassnode-says-btc-miners-remain-under-immense-pressure/Read more]]>On Sunday, Nov. 20, 2022, Bitcoin’s difficulty rise erased the recent 0.20% decline recorded two weeks ago, as the difficulty metric rose by 0.51% at block height 764,064. The increase on Sunday has pushed the difficulty rating to another all-time high, from 36.76 trillion to the current 36.95 trillion. Bitcoin Difficulty Reaches All-Time High Nearing […]
]]>Amendments to Russia’s Digital Asset Law Aim to Allow Mining, Ban Crypto Exchange and Ads
https://www.digit.info/amendments-to-russias-digital-asset-law-aim-to-allow-mining-ban-crypto-exchange-and-ads/
Sat, 19 Nov 2022 11:00:27 +0000https://www.digit.info/2022/11/19/amendments-to-russias-digital-asset-law-aim-to-allow-mining-ban-crypto-exchange-and-ads/Read more]]>Russian lawmakers have proposed changes to the current law “On Digital Financial Assets” in order to regulate crypto mining while banning the circulation of cryptocurrencies in the country. The legislation also prohibits the non-targeted advertising of crypto-related products and services. New Attempt to Legalize Cryptocurrency Mining in Russia After months of deliberations, efforts continue in […]
]]>Bitcoin’s Mining Difficulty Shrinks for the First Time in 4 Weeks
https://www.digit.info/bitcoins-mining-difficulty-shrinks-for-the-first-time-in-4-weeks/
Mon, 07 Nov 2022 16:00:51 +0000https://www.digit.info/2022/11/07/bitcoins-mining-difficulty-shrinks-for-the-first-time-in-4-weeks/Read more]]>Bitcoin miners caught a small break late Sunday evening (ET) after the network’s mining difficulty dropped 0.20% lower than the difficulty rating two weeks prior. The drop is the first mining difficulty decrease in four weeks, as the metric changed from 36.84 trillion to 36.76 trillion. Bitcoin Miners Catch a Miniscule Break as the Network’s […]
]]>Brussels to Spur Rollout of Instant Payments in Euro, Proposes Legislation
https://www.digit.info/brussels-to-spur-rollout-of-instant-payments-in-euro-proposes-legislation/
Sat, 29 Oct 2022 10:30:48 +0000https://www.digit.info/2022/10/29/brussels-to-spur-rollout-of-instant-payments-in-euro-proposes-legislation/Read more]]>The European Commission has approved a proposal to accelerate the introduction of euro instant payments. The technology is there and Europeans should be able to send and receive money immediately, the executive body said, revealing its intentions to push the industry toward wide adoption. EU Moves to Make Instant Payments Widely Available Throughout Europe A […]
]]>Bitcoin Mining Difficulty Surges to an All-Time High, Network Prints 2022’s Largest Retarget Increase
https://www.digit.info/bitcoin-mining-difficulty-surges-to-an-all-time-high-network-prints-2022s-largest-retarget-increase/
Mon, 10 Oct 2022 14:00:50 +0000https://www.digit.info/2022/10/10/bitcoin-mining-difficulty-surges-to-an-all-time-high-network-prints-2022s-largest-retarget-increase/Read more]]>Bitcoin’s mining difficulty reached an all-time high on October 10, which means it’s more difficult than ever before to mine the leading crypto asset. Following the difficulty reduction on September 27, the network’s mining difficulty increased 13.55% higher at block height 758,016 as it printed the highest difficulty rise recorded this year. It’s Now 13.55% […]
]]>Bitcoin Network’s Mining Difficulty Drops for the First Time in 2 Months
https://www.digit.info/bitcoin-networks-mining-difficulty-drops-for-the-first-time-in-2-months/
Wed, 28 Sep 2022 14:00:57 +0000https://www.digit.info/2022/09/28/bitcoin-networks-mining-difficulty-drops-for-the-first-time-in-2-months/Read more]]>Following four consecutive Bitcoin mining difficulty increases, the network’s difficulty dropped for the first time in 68 days, sliding 2.14% at block height 756,000 on Tuesday. The change means it’s currently 2.14% easier to find a bitcoin block reward following the mining difficulty’s all-time high (ATH) that took place on September 13. Bitcoin Difficulty Slides […]