Auto Added by WPeMatico

Bank of Russia Wants to Restrict Crypto Investments by Blocking Card Payments, Report Reveals

The Central Bank of Russia is currently reviewing various ways to prevent Russians from investing in cryptocurrency. One the options on the table is to block card payments to certain…

Continue ReadingBank of Russia Wants to Restrict Crypto Investments by Blocking Card Payments, Report Reveals

Iran Orders Crypto Miners to Halt Operations to Prevent Winter Blackouts

Authorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the cold winter months. Following a period of similar restrictions this…

Continue ReadingIran Orders Crypto Miners to Halt Operations to Prevent Winter Blackouts

Serbia Reviews License Applications From 3 Cryptocurrency Exchanges

Three 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…

Continue ReadingSerbia Reviews License Applications From 3 Cryptocurrency Exchanges

Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners

The federal government in Moscow has permitted regions to determine local electricity tariffs for the population, a measure that will affect crypto mining at homes. Subsidized household electricity in Russia…

Continue ReadingRussian Government Allows Regions to Raise Electricity Rates for Crypto Miners

Matrixport Founder Jihan Wu Believes Crypto Space Will Swell to ‘Tens of Trillions of Dollars’

Seven months ago, during the first week of May, the digital currency entrepreneur Jihan Wu said at a conference that he expects the crypto industry to surpass the internet and…

Continue ReadingMatrixport Founder Jihan Wu Believes Crypto Space Will Swell to ‘Tens of Trillions of Dollars’

Here’s how Polygon is challenging the limitations of Ethereum, as told by co-founder Sandeep Nailwal

Polygon's scalability, efficient processing times and very low gas fees provide a solution to Ethereum's current network limitations, according to Nailwal.

Continue ReadingHere’s how Polygon is challenging the limitations of Ethereum, as told by co-founder Sandeep Nailwal

Working Group Meets to Prepare Regulations for Cryptocurrencies in Russia

A crypto working group has held its first meeting at Russia’s parliament. Its members have been tasked to put forward legislative proposals designed to comprehensively regulate cryptocurrencies and related matters…

Continue ReadingWorking Group Meets to Prepare Regulations for Cryptocurrencies in Russia