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Working Group Meets to Prepare Regulations for Cryptocurrencies in Russia


A crypto working group has held its first meeting at Russia’s parliament. Its members have been tasked to put forward legislative proposals designed to comprehensively regulate cryptocurrencies and related matters in the Russian Federation. Working Group Gathers at State Duma to Draft Crypto...

2021 Roundup of Web Research


Last year, we kicked out a roundup of published surveys, research, and other findings from around the web. There were some nice nuggets in there, like a general sentiment that the web needs more documentation, Tailwind CSS dun …

Russians Have Invested Over $67 Billion in Cryptocurrency, Lawmaker Reveals


Interest in cryptocurrencies has been growing in Russia, not least among non-qualified investors. According to recently quoted estimates, Russians have already put more than $67 billion into the crypto market, the capitalization of which has increased significantly this year. Russians Spent Some...

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


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


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


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


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


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


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...

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