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Indian Lawmaker Says Crypto Must Be Blocked if Used for Illegal Purposes

20.12.2021
India’s minister of state for external affairs says that cryptocurrencies must be blocked if they are used for illegal purposes, such as “to launch cyber-attacks in India, to launch other attacks on India, to do other kinds of illegal and unethical work like drug trafficking.”...

Illegal Crypto Miners Threatened With Jail Time in Russia

17.12.2021
Cryptocurrency miners that are illegally connecting their equipment to the power grid should go to prison, says a Russian lawmaker who recently announced that his nationalist party is working on draft legislation to regulate the crypto activity. The industry cannot rely on support from the state...

Binance Singapore Drops Crypto License Plans in City-State

13.12.2021
According to the official announcement by the exchange, Binance’s Singapore unit has planned to retract its crypto license application in the city-state and is most likely to expel its Singaporean clients by Feb 13th, 2022. Binance, like other trading platforms, operates as a cryptocurrency...

Russia to Allow Foreign Residents to Own and Use Digital Ruble

13.12.2021
The central bank of Russia intends to ensure that the digital ruble is convertible to foreign currencies and can be used by non-residents. In a document devoted to the digitalization of the Russian financial sector, the regulator reiterates its concerns over the risks associated with...

One Of The USA's First Omicron Cases Attended Big Anime Convention

2.12.2021
As governments and health authorities around the world battle to contain the spread of the new Omicron strain of Covid-19, it has been reported that one of the first cases detected in the United States, a man who had travelled to New York from Minnesota, was in the city to attend an anime...

Russian Parliament Sets Up Working Group on Cryptocurrency Regulations

26.11.2021
A working group on cryptocurrencies and related activities will soon begin to meet at the State Duma, the lower house of Russian parliament. Its members are expected to take on the task of clarifying various regulatory aspects related to digital financial assets such as the legalization of mining...

Spaceseven’s Game-Changing NFT Marketplace

24.11.2021
PRESS RELEASE. Recently, on the 23rd of November, SpaceSeven launched its state-of-the-art NFT marketplace. The SpaceSeven marketplace is the first of its kind — one of the few — if not the only scaled e-commerce, fully regulatory compliant platform. By combining powerful...

Ethereum vs. Avax Social Media Battles Rage as L1 Fees Keep Rising

23.11.2021
The Ethereum scaling wars are raging on social media due to the problems that this chain is facing, with fees on layer one (L1) at very high levels. Zhu Su, CEO of Three Arrows Capital, a notable crypto VC company, announced he withdrew his support from the project, criticizing the state in which...

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