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Putin Signs Law Giving Cryptocurrency Legal Status in Russia


Russia’s bill to regulate cryptocurrencies has been signed into law by President Vladimir Putin. The new law gives legal status to cryptocurrency but prohibits its use as a means of payment. Russian Crypto Bill Signed Into Law Russian President Vladimir Putin signed into law Friday the bill...

Bitcoin Suisse Completes a $48 Million Series A Financing Round


Swiss crypto financial services provider, Bitcoin Suisse completes its first financing round of $ 48 million (CHF 45 million). The completed Series A financing round now has Bitcoin Suisse’s 2019 pro forma equity totaling around $108 million. The financing round includes 16.4% of shares...

New Russian Law Bans Bitcoin Payments for Goods and Services


Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after its third and final reading. It had already won backing...

China Might Introduce Blockchain Standards for Financial Firms


China could be on the verge of introducing nationwide blockchain standards to govern the nation’s financial organizations, per a new report. According to media outlet Caixin, an unnamed “authoritative” source stated that the central People’s Bank of China (PBoC) has issued a set of “blockchain...

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