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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 …
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 …
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 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 …
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. …
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 …
Individuals and institutions can use digital payment token services and the firms are regulated by the central bank under its Payment Services Act
Bitcoin snapped a 12-day slide on Sunday
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. …
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
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
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
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 …
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 …
Regulation of cryptocurrencies has been controversial since the launch of Bitcoin in 2009
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. …
he crypto-currency dropped in value from $47,000 (£34,700) earlier this week to less than $42,000 (£31,000) per digital coin
Kazakhstan’s crypto-mining industry boomed on the back of favorable legislation and China’s de facto ban this summer, but an electricity bust is now sending some operations toward the exits, writes …
Energy-rich Kazakhstan, normally abundant with electricity, is facing a shortage amid a sharp increase in the number of cryptocurrency miners operating in the country
Bitcoin grew by 4.69% and reached $68,230 as of 6:44 Moscow time, according to Coindesk. Thus, the cryptocurrency has updated its historical maximum. Bitcoin is a decentralized system of the eponymous cryptocurrency based on …
