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Russia recently enacted a ban on crypto mining operations in 10 regions until 2031, citing high energy consumption issues as the cause. Deputy Prime Minister Alexander Novak stated that this list might expand. Russia Issues Crypto Mining Restrictions in 10 Regions The future of cryptocurrency mining in Russia is in jeopardy. The Russian cabinet recently … Read more
The Botswana Financial Stability Council’s October 2024 report said the virtual assets market and cyber risks from fintech currently pose minimal threats to financial stability. Tech Advances Fuel Financial Stability Risks Authorities in Botswana consider both the virtual assets market and cyber risks arising from financial technology (fintech) to be relatively undeveloped, posing minimal threats … Read more
Crypto industry executives share with Cointelegraph what they expect for the now $200 billion stablecoin market next year. Go to Source
Donald Trump’s administration is expected to pursue executive orders on day one to push cryptocurrency forward, with potential plans for a national bitcoin reserve and expanded crypto banking access. Crypto Industry Prepares for Possible Day-One Executive Orders From Trump’s White House U.S. President-elect Donald Trump is expected to move swiftly on cryptocurrency initiatives, with industry … Read more
Ripple is calling on the SEC to rebuild trust as its four-year legal fight over XRP persists, with hopes for policy shifts under incoming leadership. Ripple Urges SEC to Rebuild Credibility Amid XRP Lawsuit Ripple remains vocal in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), urging the agency to rebuild … Read more
A former SEC official has warned Trump’s incoming administration will clash with Gensler’s handpicked officers, calling the SEC chair’s moves a “shameful deep state crusade.” Crypto War at the SEC: Stark Predicts Gensler’s Handpicked Team Will Face Trump’s Wrath John Reed Stark, former head of the U.S. Securities and Exchange Commission (SEC)’s Office of Internet … Read more
Ripple’s chief legal officer has urged Congress to focus on innovation-friendly crypto regulation, rejecting punitive measures and abstract policies amid growing criticism of the SEC’s approach. New Congress, New Rules? Ripple’s Vision for Crypto Regulation Unveiled Ripple’s chief legal officer, Stuart Alderoty, has called for a pragmatic approach to cryptocurrency regulation in the upcoming Congress. … Read more
BPCE’s crypto subsidiary, Hexarq, is the second banking crypto outfit to receive a nod from French regulator AMF after Société Générale’s Forge. Go to Source
2024 cemented the UAE’s status as a global crypto hub as its landscape changed substantially with new stablecoin regulations, tax exemptions and stricter marketing rules. Go to Source
The UK FCA previously said that almost 90% of annual crypto license applications had failed as of September. Go to Source