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Russia May Allow Crypto Mining and Gold-Backed Stablecoins, Lawmaker Says


Russia can legalize cryptocurrency mining and stablecoins backed by gold under government control, a high-ranking member of the Russian parliament has suggested. The statement comes after Bank of Russia proposed a wide-ranging ban on the use of cryptocurrencies, and their trading and mining. Mining...

Euro Inflation Hits Record Highs, ECB Not in Rush to Raise Interest Rates


The European Central Bank is concerned over inflation in the euro area rising beyond its own expectations, a high-ranking ECB official has admitted. However, Europe’s monetary authority is not prepared to raise interest rates at this point in time, the executive unveiled. ECB Sees No Reason...

More Regulations Proposed to ‘Streamline’ Mining Sector in Kazakhstan


Authorities need to expand the regulatory framework for cryptocurrency miners, a member of the parliament in Kazakhstan has suggested. The additional rules should streamline their activities and help correct the forming public opinion that they are responsible for the country’s electricity...

Local Council Member in Ukraine Declares 124 BTC and 500 Tesla Shares


A government official in Rivne region of Ukraine owns close to $8 million in cryptocurrency and 500 Tesla shares, his declaration shows. The news comes as another Ukrainian lawmaker in Kyiv has found it hard to prove possession of the crypto holdings on her asset statement. Ukraine Officials...

Bernard Peillon Joins the Board of Arianee as Independent Board Member


Bernard Peillon is joining Arianee SAS as an independent board member, bringing more than 30 years of experience in the luxury and fashion industries. Peillon is the former chairman and CEO of Hennessy. After experiencing its first boom close to a year ago, the NFT market is once again the hottest...

Ukraine Officials Fail to Account for Millions in Declared Crypto Assets


Personal asset declarations filed by politicians and government officials in Ukraine have indicated that many have made significant investments in cryptocurrency. However, some of them have been unable to prove ownership or account for their digital holdings, local media reported. Lawmaker Loses...

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