Bitcoin mining’s future is green, and Russia has the best chance
Despite unclear crypto regulations in the country, Russia may become the leader in sustainable crypto mining. Go to Source Powered by WPeMatico
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Law Decoded: The rivalry between central banks and global stablecoins, Oct. 9–16
Talk of CBDCs and Facebook’s Libra headlined this week’s policy news, as international organizations weigh in on both. Go to Source Powered by WPeMatico
Five Russian banks express interest in piloting digital ruble
The first pilots of Russia’s digital currency are expected to launch in H1 2021. Go to Source Powered by WPeMatico
Unqualified investors can buy up to $8K of crypto, says Bank of Russia
Russia’s central bank wants to limit the amount of cryptos and digital rights acquired by non-professional investors. Go to Source Powered by WPeMatico
Bank of Russia issues consultation paper on digital ruble
Russia’s central bank says that the digital ruble can be an “additional form of money alongside cash and non-cash.” Go to Source Powered by WPeMatico
Major P2P crypto platform LocalBitcoins is blocked in Russia
LocalBitcoins’ website has been blacklisted in one of its key markets. Go to Source Powered by WPeMatico
Abkhazia Lifts Two-Year Ban on Bitcoin Mining, Moves to Regulate the Sector
Abkhazia, the self-governing but disputed territory of just 245,000 people sandwiched between Russia and Georgia, has lifted its two-year ban on cryptocurrency mining. The ban came into effect in December 2018 after a surge in mining activity left the region facing an energy crisis. Now, the government is moving to regulate the industry in an … Read more
Russian ‘ex-oligarch’ reportedly backing a new DeFi project
The former owner of a Russian bank seems to be pivoting to the decentralized space. Go to Source Powered by WPeMatico
Crypto Exchange Binance Blacklisted by Russia’s Telecom Censorship Agency
Russia’s telecom regulator Roskomnadzor has added Binance, the world’s largest crypto exchange, to the list of blacklisted websites in the country. The exchange was blacklisted on June 2, 2020, but Binance became aware of this only on September 24th, after receiving communication from Roskomnadzor. In an announcement on its Russian Telegram channel, Binance said it … Read more
Russia’s telecom regulator blacklists Binance website
The website of the Binance exchange is still available without additional access tools, platform says crypto funds are safe. Go to Source Powered by WPeMatico