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Japan Poised to Lift Ban on Non-domestic Stablecoins


Japan’s top financial regulator is set to do away with a long-standing ban on the distribution of foreign firm-issued stablecoins. Per Nikkei, the Financial Services Agency (FSA), the regulator that polices the crypto sector, will make the move “as early as next year.” But the body added that...

Russia to Ban Banks From Using Messengers Like Telegram to Contact Customers


Financial institutions in Russia will not be able to communicate with clients through instant messengers based outside the country, local media revealed. A new law passed by the State Duma also prohibits banks from using chats to send personal data and payment documents. Bill Restricts Russian...

Russia Cracking Down on Crypto Miners Minting in Residential Areas


Russian authorities are now prosecuting miners extracting cryptocurrency using subsidized electricity for the population, according to a top official from the energy ministry. Power utilities are detecting their increased consumption and trying to make them pay at commercial rates. Amateur Crypto...

Loot Boxes Would Be For Adults Only If Australian Bill Passes


Following the example set by governments in places like Belgium and the Netherlands, an Australian politician has put forward a bill that would, if passed into law, massively restrict the use of loot boxes in video games aimed at children.Read more

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