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Russia aims to limit crypto purchases by non-accredited investors

7.10.2021
The Bank of Russia also wants to slow down transactions to crypto exchanges to prevent “emotional” crypto purchases

Afghan Bitcoin Exchanges Go Undercover as Taliban Yet to Announce Its Crypto Policy

6.10.2021
mplement a new government, fears of censorship and restraints come back to life.During the first period of Taliban governance, which extended from 1996 to 2001, the Islamic movement forbade some forms of consumer technology — which, at the time, was largely limited to music, television, and f

US lawmaker proposes safe harbor for digital tokens in new bill

5.10.2021
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

Tanzania Central Bank Heeding Call to Prepare for Crypto, Economists Express Reservations

5.10.2021
While the Bank of Tanzania (BOT) executives continue to reiterate the central bank’s willingness to heed the government’s call to prepare for cryptocurrencies, some economists insist Tanzania lacks the resources needed for it to adopt such digital currencies. Economists: Tanzania...

Donald Trump on Crypto: ‘I Don’t Want Other Currencies Coming Out and Hurting the Dollar’

4.10.2021
Former U.S. President Donald Trump has commented on the growing popularity of cryptocurrencies and the crypto crackdown by the Chinese government. He reiterated his anti-crypto stance: “I don’t want to have other currencies coming out and hurting or demeaning the dollar in...

Law Decoded: Infrastructure woes and benevolent punishments, Sept. 27–Oct. 3

4.10.2021
As House Democrats grapple over the infrastructure bill, the Biden administration and Federal Reserve eye stablecoin regulation

Korean crypto exchange Upbit to halt withdrawals for unverified users

4.10.2021
Major South Korean crypto trading platform Upbit will start gradually limiting services for unverified users this week

Bitcoin got stronger despite government crackdowns, says Edward Snowden

4.10.2021
The famous whistle-blower referenced his statement about Bitcoin from March 2020 during the events of “Black Thursday.”

Canadian Bitcoin Mine Operator Facing $7 Million Fine for Setting Up Power Plants Without Permission

4.10.2021
Link Global, a bitcoin mine operator in Canada, is facing a fine of up to $7 million for installing power plants to run its miners without government permission. The company installed several power plants without following legal procedures and alleges that, if the penalty is enforced, it will...

Salvadoran President Nayib Bukele Says Citizens Paying for Gas With the Chivo Wallet Will Get a Discount

3.10.2021
The Salvadoran president, Nayib Bukele revealed on Friday that Chivo wallet users will be able to get a discount on petroleum fill-ups at the largest gas stations in the country. Chivo wallet users paying for fuel will save $0.20 per gallon using the government’s crypto wallet. Salvadoran...

US Lawmakers Urge Fed Chair Jerome Powell to Support Crypto Innovation

3.10.2021
Several U.S. lawmakers have called on Federal Reserve Chairman Jerome Powell to support cryptocurrency innovation. “The Federal Reserve must work to support domestic innovation … Our government should never be in the business of thwarting innovation.” Members of Congress Urge...

Kyrgyzstan Raises Electricity Rates for Cryptocurrency Miners

3.10.2021
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...

IMF recommends CBDC and global crypto standards for financial stability

3.10.2021
The fresh policies recommended by the IMF aim to curb down the financial risks associated with global crypto adoption

Crypto Miners Blamed for Power Supply Deficit in Kazakhstan, Government Mulls Restrictions

3.10.2021
Kazakhstan is facing electricity shortages and cryptocurrency mining has been singled out as the main culprit. Amid an ongoing crackdown in China, the Central Asian nation has become a magnet for crypto miners who are taking advantage of its low electricity rates. Republic of Kazakhstan Sees...

Actions speak: China’s crypto ban may reveal digital yuan CBDC goals

2.10.2021
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

Uzbekistan Warns Citizens to Avoid Unlicensed Cryptocurrency Exchanges

2.10.2021
A government agency in Uzbekistan has published a list of unauthorized crypto exchanges that residents of the country have been advised to avoid. The trading platforms collect personal data and bear no responsibility for the cryptocurrency transactions, officials have warned. Authorities...