Search Results for: easing restrictions

California Governor Newsom Vetoes Bill to Regulate Crypto — Calls for ‘More Flexible Approach’

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California Governor Gavin Newsom has vetoed a bill to regulate crypto in his state. He stressed that “a more flexible approach is needed” a “keep up with rapidly evolving technology and use cases” in the crypto sector. Bill to Regulate Crypto…

Sales of Hardware Crypto Wallets Decline in Russia With Easing Currency Restrictions

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Interest in hardware wallets allowing cold storage of cryptocurrencies is decreasing among Russian users after this year’s surge that followed the invasion of Ukraine. The sale volumes for these devices have almost halved, according to a report quoting leading marketplaces. Russians’…

El Banco de Rusia suaviza las restricciones a las compras de dólares y euros en efectivo

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The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country as currency restrictions have been a driver…

Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says

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Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it…

Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks

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A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers say their system would not allow the disconnecting of countries…

Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand

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Authorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs. The mining farms will be cut off from the grid on Wednesday, the Islamic Republic’s Ministry of Energy announced. Legal Crypto…

Binance informa al regulador canadiense que está "comprometido" a cesar los servicios de comercio de criptomonedas en Ontario

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Cryptocurrency exchange Binance has informed the Ontario Securities Commission (OSC) that it is committed to ceasing opening new accounts for Ontario residents and winding down certain services to comply with regulations. Binance Promises to Increase Efforts to Comply With Regulation Cryptocurrency…

Ucrania ahora toma Polkadot, Dice que pronto aceptará otras monedas

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Having already raised millions of dollars in major cryptocurrencies like bitcoin, Ukraine is now receiving donations in polkadot as well. The country intends to expand the list of accepted coins as it increasingly relies on help from the crypto community to…

La caída de la lira turca contribuye al aumento de las transacciones criptográficas diarias de Turquía a más de un millón

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The popularity of cryptocurrencies in economically embattled Turkey has continued to surge with the number of daily trades now surpassing one million, un informe ha dicho. This surge in trades has been attributed to the depreciating lira which plunged to a…

Bank of Russia to ‘Slow Down’ Payments to Crypto Exchanges, Curb Russians’ Impulsive Investments

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Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims to limit “emotional” cryptocurrency purchases made by “unqualified” Russian investors, a CBR official revealed. The move is likely…