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Bank Buys Bitcoin in Kazakhstan, Country to Develop Crypto Exchange


A financial institution and a coin trading platform in Kazakhstan have teamed up to carry out what they say is the country’s first such joint transaction for the acquisition of cryptocurrency. Meanwhile, Kazakhstan’s leadership has declared readiness to further develop crypto exchange...

Proposal to Set Up Russian Crypto Exchange Circulated in Moscow


Russia may establish a dedicated exchange to carry out cryptocurrency transactions locally, a high-ranking member of the State Duma has suggested. The new platform can be hosted by the Moscow Exchange, according to Anatoly Aksakov, head of the parliamentary financial market committee. Russian...

Sberbank to Conduct First Digital Asset Transaction on Own Platform


Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a month, a top executive revealed this week. The announcement comes after earlier this year, the bank was authorized to issue digital financial assets. Sberbank...

Authorities Seize Over 1,500 Crypto Mining Rigs in Dagestan Crackdown


Law enforcement and other authorities in Dagestan have closed down two illegal crypto farms, confiscating more than 1,500 mining machines. Government agencies in the republic, considered one of Russia’s capitals of underground coin minting, carry out regular raids against such facilities....

Eurosystem Seeks Providers of Prototype Payment Solutions for Digital Euro


Eurozone’s monetary authority, the Eurosystem, is looking to enlist financial companies willing to develop front-end solutions for the digital euro. The plan is to carry out a “prototyping exercise” this year to test transactions to the back-end developed by the regulator....

Bank of Russia to Monitor Banks’ Dealings With Crypto Exchangers


The Central Bank of Russia has started to examine the operations of Russian banks with cryptocurrency exchangers, according to local media. Transactions between individuals through these platforms are of particular interest as the regulator believes these carry risks of financial losses and fraud....

Putin Warns Cryptocurrencies Carry Risks, Admits They May Have Future


Russian President Vladimir Putin has again spoken about cryptocurrencies, noting the “high risks” associated with the virtual assets. However, the Russian leader has also acknowledged that digital currencies may have a future and it’s necessary to follow their development....

It’s So Easy To Carry Your Progress From The Outriders Demo To The Full Game


Following a delay and a month-long demo period, looter-shooter Outriders is out today for basically every platform but the Switch. If you played the demo, you can carry your progress over to the main game if on the same platform, something developer People Can Fly made clear from the jump. But it’s...

Expert Warns CBDCs Won’t Carry the Same Advantages as Bitcoin


A leading Russian academic has told Moscow what many in the crypto world have been thinking for a very long time – that central bank digital currencies (CBDCs) like the so-called digital ruble will not provide many of the advantages of a cryptoasset like bitcoin (BTC). Speaking in an interview with...

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