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Major Russian banks admit high demand for crypto, even as a lack of clearly defined regulations prevents them from entering the market, local sources report Go to Source Powered by WPeMatico
Russia is preparing for the long-awaited legislation tailored to regulate its crypto space. According to the latest reports from Moscow, the term “cryptocurrency” has been taken out of the legal texts. Nevertheless, Russians have no reasons to doubt the existence of the decentralized electronic cash. They have many options to get involved in cryptocurrency, regardless … Read more
As Huobi becomes a Russian innovation fund resident, the country works towards creating legal framework for crypto assets Go to Source Powered by WPeMatico
The Texas Securities Commission has issued an emergency cease and desist order against a Russian crypto firm that misappropriated Coinbase and Cointelegraph materials Go to Source Powered by WPeMatico
Binance, the leading cryptocurrency exchange, has announced it will start testing a fiat currency trading platform in Singapore and we’ve got the story in Sunday’s edition of The Daily. Also, two islands in Russia are competing to host the country’s first regulated exchange, and the ECB says Europe doesn’t need a central bank issued crypto. … Read more
Draft laws employing alternative approaches to regulating digital currencies have been introduced in Ukraine and Russia. In Kiev, a bill that classifies cryptocurrency as an asset, unit of exchange and store of value has been filed in the Rada and it’s supported by both deputies and representatives of the industry. In Moscow, the managers of … Read more
A Russian lobby group that includes two of the ten richest businessmen in the country is proposing its own version of digital asset legislation Go to Source Powered by WPeMatico
Buying cryptocurrency in Russia these days increasingly means parting with fiat cash, be it Russian rubles or American dollars. According to numbers quoted by local media, the 24-hour market turnover, just in Moscow, reaches a staggering $50 million dollars on peak days. Some say the cash-crypto trade resembles the wild-wild-east street forex of the 90s, … Read more
The Indian government has approved an MOU on the collaborative research of blockchain technology by BRICS member banks Go to Source Powered by WPeMatico
During the Eastern Economic Forum in Vladivostok, Russia’s central bank revealed it has recently conducted a “successful” ICO trial Go to Source Powered by WPeMatico