Russia’s Minister of Justice: Cryptocurrencies Don’t Need to Be Legally Defined Yet

Russia’s stance on cryptocurrency remains unclear after the Minister of Justice this week announced that there is still no need to formalize crypto-related legislation. This is because digital assets cannot be used as a means of payment, it asserts, because the constitution forbids it.  Also Read: Over 50 Bitcoin ATMs Operate Legally in Russia, Study Finds  … Read more

Crypto Exchange Globitex Launches Banking Solution With Instant Transfers

Cryptocurrency exchange Globitex has launched a new service called the Euro Wallet which allows users to make and receive euro payments in their personal IBAN accounts like any other European bank account. The company claims that this service is a solution to banks closing accounts of crypto businesses. Also read: Indian Supreme Court Moves Crypto Hearing, … Read more

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