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Russia Plans to Allow Mining of Any Cryptocurrency, Lawmaker Unveils

Russia Plans to Allow Mining of Any Cryptocurrency, Lawmaker UnveilsNewly proposed legislation aims to permit the minting of any cryptocurrency in Russia, a prominent lawmaker has revealed. While the draft law states that the circulation of the minted coins should take place outside Russian jurisdiction, an upcoming bill provides for their use under “experimental regimes.” Parliament Prepares to Legalize the Mining of Cryptocurrencies in […]

Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets

Russian Companies Are Using Crypto in Trade Despite Lack of Regulation, Officials Admit

Russian Companies Are Using Crypto in Trade Despite Lack of Regulation, Officials AdmitWith limited access to global finances, Russian businesses have begun settling in cryptocurrency with their partners abroad. Although these are still small-scale payments, government officials have noted their increase, which comes even before authorities have decided how to regulate these transactions. Cross-Border Crypto Settlements on the Rise in Russia as US Dollar and Euro Payments […]

Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets

Whitepay Introduces Crypto Payments to Ukraine’s Tech Stores

Whitepay Introduces Crypto Payments to Ukraine’s Tech StoresUkrainians will be able to purchase electronics and other products with digital coins thanks to a service provided by Whitepay. The payment processor, established by the Ukrainian-born digital asset exchange Whitebit, has recently implemented crypto payments in the country’s largest tech stores. Crypto Platform Whitepay Launches Coin Payments in Major Tech Stores in Ukraine Whitepay, […]

Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets

Crypto Allows Ukraine to ‘Operate Internationally,’ Official Says

Crypto Allows Ukraine to ‘Operate Internationally,’ Official SaysAmid ongoing hostilities with advancing Russian forces, Ukraine has been increasingly relying on cryptocurrency donations to solve humanitarian problems and finance its defense efforts. Crypto helps the country to receive and quickly distribute money and operate internationally, a high-ranking government official has indicated. Ukraine Accepts, Spends Millions in Crypto, Deputy Minister Reveals Since the Russian […]

Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets

Pakistan Freezes Over 1,000 Accounts and Cards Used For Crypto Trading

Pakistan Freezes Over 1,000 Accounts and Cards Used For Crypto TradingAuthorities in Pakistan have reportedly moved to seize hundreds of bank accounts and cards belonging to cryptocurrency traders. According to local media, they have been allegedly used to make transactions worth close to $300,000 through digital asset exchanges, including major platforms. Pakistan Government Blocks Cards Used to Buy Cryptocurrency, Media Reveals Bank accounts in the […]

Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets

Serbia Reviews License Applications From 3 Cryptocurrency Exchanges

Serbia Reviews License Applications From 3 Cryptocurrency ExchangesThree crypto exchanges have applied for licensing in Serbia, which recently adopted legislation regulating its digital asset space. The government in Belgrade expects the companies to obtain authorization within weeks and offer Serbs the option to buy and sell cryptocurrencies legally. Crypto Trading Platforms and Token Issuers File for Licenses in Serbia Authorities in Serbia […]

Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets

Crypto Owners in Serbia Reach 200,000 as Country Regulates Digital Assets

Crypto Owners in Serbia Reach 200,000 as Country Regulates Digital AssetsThe number of cryptocurrency holders in Serbia has climbed to around 200,000 with interest in cryptocurrencies increasing alongside growing crypto markets. The country’s decision to legally recognize digital assets this year has also contributed to their increasing popularity. Law on Digital Assets Puts Serbia on Crypto Map Recently adopted regulations and genuine investor interest have […]

Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets

Putin Warns Cryptocurrencies Carry Risks, Admits They May Have Future

Putin Warns Cryptocurrencies Carry Risks, Admits They May Have FutureRussian President Vladimir Putin has again spoken about cryptocurrencies, noting the “high risks” associated with the virtual assets. However, the Russian leader has also acknowledged that digital currencies may have a future and it’s necessary to follow their development. Russia’s Putin Still Cautious About Crypto Russian President Vladimir Putin has made another comment regarding cryptocurrencies. […]

Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets

Uzbekistan Allows Residents to Trade Cryptocurrencies on Local Exchanges

Uzbekistan Allows Residents to Trade Cryptocurrencies on Local ExchangesChanges to the rules governing activities of crypto exchanges in Uzbekistan now allow residents to trade coins on licensed platforms. Uzbekistanis could previously only sell their digital assets. The new provisions also regulate the issuance of tokens and their listing. Uzbekistan Loosens Restrictions on Domestic Crypto Trading Uzbekistanis will be able to trade digital currencies […]

Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets

Poll: 3 Out of 4 Russian Investors Would Rather Buy Cryptocurrency Than Gold or Fiat

Poll: 3 Out of 4 Russian Investors Would Rather Buy Cryptocurrency Than Gold or FiatAn overwhelming majority of Russian investors view cryptocurrencies as a more attractive investment proposition than traditional fiat currencies or gold, a new survey has established. Even among those who have never traded digital assets, most already think of buying crypto in the near future. Crypto Is the Promising Opportunity for Russian Investors National currencies are […]

Counterpunch: Russia Reveals Plan to Utilize Frozen Western Assets