The Russian Ministry of Finance completed an edited version of the bill on the regulation of relations on the Cryptocurrency market.
The fall of the ruble, the collapse of the stock market and restrictions on foreign exchange transactions are forcing us to look for new approaches to asset management. Cryptocurrency, a digital currency, could be a solution both for those who interact with foreign counterparties and for those who simply want to diversify risks.
What happened? The Ministry of Finance of the Russian Federation finalized a new version of the draft law “On digital currencies”, which concerns the regulation of the Cryptocurrency market. The new version included comments from the Ministry of Economic Development, the Ministry of Internal Affairs, the Ministry of Finance, the Federal Tax Service, Rosfinmonitoring and the Center for National Projects of the Analytical Center under the Government. This version cannot be called final; additional changes may be made to it. Vedomosti reports this, citing an anonymous source.
Binance intends to strengthen user identification control (KYC) and minimize risks to its business. The exchange has signed agreements with analytics company Kharon and cloud diagnostics provider Neterium, which will help identify illegal activity on the site.
For the first time in Russia a judge recognized Cryptocurrency as a means of payment.
The Business Incubator of the National Research University Higher School of Economics will hold a series of lectures on Blockchain and Cryptocurrency
On May 26 at 18:00 (Moscow), the first of a series of lectures on the benefits and features of promising Blockchain technology will be held. The speaker will be Herbert Chopnik, the founder of the NFT-agency Digital Art EXPO.
Vitalik Buterin, the 28-year-old programmer who created the Ethereum Cryptocurrency, told his Twitter followers that he is no longer a dollar millionaire. The value of the second most capitalized currency has almost halved since the beginning of the year.
China has once again become one of the leading Bitcoin miners. Chinese miners accounted for one-fifth of the global distribution of hash rate (a measure of mining performance). And this despite the legal ban on mining in China.
The attempt to equate NFT to the protected results of intellectual activity and means of individualization makes it clear that lawmakers do not understand the nature of NFT, says partner, head of FinTech & Crypto practice of law firm DRC Mikhail Bystrov, writes RBC Crypto.