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Bank of Russia Pushes to Introduce Liability for Illegal Use of Digital Assets


The monetary authority in Moscow, the Bank of Russia, wants those who use cryptocurrencies against the law to be held accountable. The financial regulator has proposed the introduction of legal liability for some operations with digital assets which it considers illegal. Central Bank of Russia Aims...

Central Bank of Peru Will Develop a Digital Currency


The Central Reserve Bank of Peru, the Peruvian central bank, is planning to develop a central bank digital currency (CBDC) like other economies of the world. The announcement was made by its president, Julio Velarde, who stated that the currency would be designed for use primarily in payments....

Norway Mulls Backing Sweden’s Call for Euro Ban on Crypto Mining


The government in Norway is considering ways to limit the environmental impact of cryptocurrency mining and may support Swedish proposals to that end, including a European ban on proof-of-work mining. The European Commission has revealed it is already working to promote a transition to “more...

Modders Fight GTA Lawsuit As ‘Definitive’ Bundle Crashes And Burns


Attorneys representing the four defendants in Take-Two Interactive Software’s copyright infringement lawsuit against a group of Grand Theft Auto modders recently responded to the video game conglomerate’s complaint, flatly denying several allegations of wrongdoing. They also argue that their...

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