Russia Passes Crypto Regulation Bill In First Reading
Russian lawmakers passed a first reading of a bill regulating digital currency through licensed intermediaries, paving the way for criminal penalties for unlicensed activity.
Russian lawmakers passed a first reading of a bill regulating digital currency through licensed intermediaries, paving the way for criminal penalties for unlicensed activity.
In a law introduced to Russia's State Duma on Friday, lawmakers proposed that entities engaged in certain crypto activities without a license could be subject to criminal penalties.
Sanctioned crypto exchange Grinex has halted trading after $14 million in USDT was drained from 54 wallets; however, blockchain analyst firms say the total might be higher.
Russia approves new bills tightening oversight of crypto, requiring licensed intermediaries for trading and limiting retail purchases to $3,700 per year.
Oil prices soared to a near four-year high, and historical data suggests that Bitcoin price corrections tend to follow. Should traders expect another sell-off?
Bitcoin’s odds of holding above $70,000 waver as spot BTC ETF outflows and sharp selling from US equities place the current crypto market recovery in peril.
Get the latest updates delivered to your inbox
Error: No feed with the ID 5 found.
Please go to the Instagram Feed settings page to create a feed.