cryptocurrency

Binance launches regional hub in Georgia

Binance launches regional hub in Georgia

Binance, one of the world's largest cryptocurrency exchanges, is expanding its global reach with the opening of a new blockchain hub in Georgia. The move is aimed at promoting further adoption of cryptocurrencies in the country, …

Russia and Iran to trade using stablecoins?

Russia and Iran to trade using stablecoins?

Russia and Iran may start using stablecoins to settle cross-border trade deals. The issue was discussed during a recent visit by a State Duma delegation led by speaker Vyacheslav Volodin to Tehran, chairman of the State Duma Committee on …

Russia and Iran discuss creation of joint cryptocurrency?

Russia and Iran discuss creation of joint cryptocurrency?

The Central Bank of Iran is considering the creation of a stablecoin with Russia as a means of payment in foreign trade transactions, the executive director of the Russian Association of Cryptoindustry and Blockchain said. Alexander …

Bank of Russia to test international payments in cryptocurrency

Bank of Russia to test international payments in cryptocurrency

The Bank of Russia plans to test the use of cryptocurrency for international payments within the regulatory sandbox framework, First Deputy Chairperson of the Central Bank Olga Skorobogatova said in the State Duma (lower house) on Monday. …

Cryptocurrency to appear in Russia next year as legal commodity

Cryptocurrency to appear in Russia next year as legal commodity

Cryptocurrency will appear in Russia next year as a legal commodity, but it will not be possible to use it as a means of payment for transactions within the country, Chairman of the State Duma Committee on the financial market Anatoly Aksakov …

U.S. crypto lender BlockFi files for bankruptcy

U.S. crypto lender BlockFi files for bankruptcy

Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection, it said on Monday, the latest industry casualty after the firm was hurt by exposure to the spectacular collapse of the FTX exchange earlier this month. …

Russian State Duma declines bill on cryptocurrency mining

Russian State Duma declines bill on cryptocurrency mining

The Russian State Duma voted to decline a bill on cryptocurrency mining submitted earlier by members of the New People parliamentary faction. The bill On Mining in Russia prescribes the basics of regulation of cryptocurrency mining in …

US crypto giant solidifies in Singapore

US crypto giant solidifies in Singapore

Individuals and institutions can use digital payment token services and the firms are regulated by the central bank under its Payment Services Act

Russia could legalise cryptocurrency - minister

Russia could legalise cryptocurrency - minister

Russia will sooner or later legalise cryptocurrencies as a means of payment, Industry and Trade Minister Denis Manturov said on Wednesday, suggesting that the government and central bank may be moving closer to settling their differences. …

Armenia: milk for bitcoins

Armenia: milk for bitcoins

Indian website TechStory advises the Armenian government to start capitalizing on bitcoin mining amid obstacles that Armenia's dairy industry has been facing in recent years

UK wants to lead the way in crypto

UK wants to lead the way in crypto

The U.K. government on Monday announced plans to mint its own non-fungible token, as part of a push toward becoming a “world leader” in the cryptocurrency space

Euro weakens as Biden carries new sanction plans

Euro weakens as Biden carries new sanction plans

The euro weakened against the dollar on Wednesday amid another sharp increase in oil and natural gas prices and while investors waited for U.S. President Joe Biden to unveil new sanctions against Russia during his trip to Europe

Georgia may launch cryptocurrency exchange

Georgia may launch cryptocurrency exchange

A cryptocurrency exchange may appear in Georgia, Prime Minister of Georgia Irakli Garibashvili said. This issue was discussed with the FTX cryptocurrency derivatives exchange's founder, Sam Bankman-Fried, during the Munich …

Another mining farm closes in Almaty

Another mining farm closes in Almaty

Law enforcement officers in Almaty found another mining farm. Employees of the department of the Financial Monitoring Agency for Almaty together with the city prosecutor's office managed to detect an illegal mining farm. The farm …

Russia to ban issuance, mining, circulation of cryptocurrencies

Russia to ban issuance, mining, circulation of cryptocurrencies

The Bank of Russia has proposed to ban the issuance, mining and circulation of cryptocurrencies in Russia in order to alleviate the dangers caused by the proliferation of cryptocurrencies, the regulator said in a report on Thursday. …