Russia’s central bank has put forward a proposal to ban the use and mining of cryptocurrencies, according to Reuters. The proposal indicates that cryptocurrencies pose a risk to financial stability and the well-being of citizens, as well as a threat to Russia’s sovereignty with regard
Huawei president Guo Ping sent a letter to the company’s workers in which he said he expects a 30% drop in revenue for 2021, the result of sanctions imposed by the US over the past few years. “We have to remain faithful to our strategy
The South Korean government has taken steps to stop the release of new metaverse and play-to-earn (p2e) games in its country. In addition, it now requires that existing p2e games be deleted from Google Play and Apple’s App Store. These play-to-win games have become popular
Donald Trump and Hillary Clinton represent two opposing sides of political thinking in the United States, but journalist Glenn Greenwald highlighted a similarity between the two: the fear of Bitcoin. On Nov. 20, Hillary Clinton warned that Bitcoin could destabilize nations and undermine the dollar
Turkish President Recep Tayyip Erdoğan told in a news conference on Friday that the bill regulating the cryptocurrency market will soon be sent to the country’s parliament. “We are going to go a step further and send [the bill] to parliament,” Erdoğan said. Although the
On their Telegram account, OVD-info indicated that it has not received any communication from Roskomnadzor and does not know the causes of the blocking of the website. “Naturally, we will clarify the details and try to unblock the site”, reports OVD-Info, which in September of
The Senate of Paraguay, the main legislative entity of the South American country, approved this week a bill that regulates the mining and commercialization of cryptocurrencies at the local level. This was confirmed through a message thread by the Paraguayan senator and co-author of the
Amazon has been fined €1.1 billion ($1.28 billion) in Italy, with the country’s competition regulator saying the tech giant has abused its dominant market position. The Italian regulator considers that Amazon has sought to direct the country’s companies towards its logistics service, which is seen
As part of a radical modernization of the country’s payment systems, the Australian government will overhaul the regulatory framework for cryptocurrency brokers. Noting that more than 80,000 Australians invest in cryptocurrencies, Treasury Secretary Josh Frydenberg said the government is “broadening the definition of services and
Senator Elizabeth Warren is targeting New York bitcoin mining company Greenidge Generation, according to Bloomberg. The senator wrote a letter to Jeff Kirt, CEO of Greenidge, expressing her concerns about the company’s impact on the environment. Read more: Zuckerberg participated in an event about cryptocurrencies