Sri Lanka appoints committee to implement crypto mining and blockchain
The committee plans to propose a suitable framework for Sri Lanka after studying the regulations followed by international markets. Go to Source Powered by WPeMatico
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Russia aims to limit crypto purchases by non-accredited investors
The Bank of Russia also wants to slow down transactions to crypto exchanges to prevent “emotional” crypto purchases. Go to Source Powered by WPeMatico
US lawmaker proposes safe harbor for digital tokens in new bill
The “Clarity for Digital Tokens Act of 2021” bill seemingly builds on an initiative from SEC commissioner Hester Peirce, who has called for creating a safe harbor for projects that raise funds to build decentralized networks. Go to Source Powered by WPeMatico
Korean crypto exchange Upbit to halt withdrawals for unverified users
Major South Korean crypto trading platform Upbit will start gradually limiting services for unverified users this week. Go to Source Powered by WPeMatico
Kyrgyzstan Raises Electricity Rates for Cryptocurrency Miners
The government of Kyrgyzstan has recently revised its electricity tariffs for various groups of consumers. Authorities in Bishkek have raised the rates at which crypto mining businesses buy power citing the energy-intensive nature of the coin minting process. Crypto Miners in Kyrgyzstan to Pay More for Electricity Companies operating crypto mining facilities in Kyrgyzstan will … Read more
IMF recommends CBDC and global crypto standards for financial stability
The fresh policies recommended by the IMF aim to curb down the financial risks associated with global crypto adoption. Go to Source Powered by WPeMatico
Actions speak: China’s crypto ban may reveal digital yuan CBDC goals
China’s ban on cryptocurrencies causes a mild slump, but recovering from this FUD is not new for crypto as China’s motives come under the scanner. Go to Source Powered by WPeMatico
Switzerland national postal service to debut crypto stamp
The Swiss crypto stamp is a digital collectible linked to a traditional physical stamp issued by the Swiss Post. Go to Source Powered by WPeMatico
CoinEx crypto exchange to remove all mainland China users in October
CoinEx previously blocked access and terminated the registration of new users from mainland China in March 2019. Go to Source Powered by WPeMatico
Germany’s 2021 election: What do parties think of crypto and blockchain?
Cointelegraph looked into the six major German political parties and found out what to expect from the new government in terms of its crypto regulation. Go to Source Powered by WPeMatico