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Russian Chamber of Commerce Suggests Using Cryptocurrencies in Settlements With Africa

Employing crypto in cross-border payments is one of the proposals put forward by the Russian Chamber Of Commerce lobbying for more cooperation with African countries. Amid unprecedented sanctions limiting Russia’s…

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European Union’s MiCA Proposal Progresses to Trilogue Stage Without Bitcoin Ban Provision

The Markets in Crypto Assets (MiCA) regulatory package passed another potential hurdle this week and is moving to the next stage of the EU’s legislative process. Proponents of a controversial…

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MiCA Amendments Proposed Last Minute Revive Threat of EU Ban on Bitcoin, Report Reveals

Changes to the EU’s MiCA proposal to regulate crypto markets, suggested shortly before a vote on the package, indicate a bitcoin ban is still a possibility. Despite recently removing wording…

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Upcoming AML Regulations in Estonia to Affect Cryptocurrency Industry

Estonia is preparing to enforce a set of new anti-money laundering rules that will stiffen requirements for crypto companies operating under Estonian license. The changes come amid concerns that Russia…

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Europe’s MiCA Crypto Rules Submitted, ECON Committee to Vote in Mid-March

The European Union’s regulatory proposal for crypto markets, MiCA, has been filed with the European Parliament. The latest version of the draft framework does not feature a controversial provision that…

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Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation

A text threatening to prohibit cryptocurrencies relying on energy-intensive proof-of-work mining has been deleted from the draft legislation aimed at regulating the European crypto space. The move comes after the…

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European Parliament to Cancel Vote on Crypto Assets Framework

The European Parliament will not hold a planned vote on crypto regulations after texts that can be interpreted as an attempt to ban coins with energy-intensive mining sparked negative reactions.…

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EU Members Want to Task New AML Watchdog With Crypto Oversight, Report Unveils

A group of EU nations have reportedly been lobbying to entrust oversight of the crypto space to a new anti-money laundering (AML) agency. Behind the move are concerns that companies…

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Russian Finance Ministry to Draft 2 Crypto Laws as Central Bank Prepares Own Bills

The Russian Ministry of Finance has proposed the adoption of two pieces of legislation aimed at regulating cryptocurrencies. The drafts will be presented for public discussions expected to continue until…

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Russia’s Economy Ministry Calls for Introducing ‘Acceptable’ Electricity Rates for Miners

The Ministry of Economic Development of Russia has suggested that crypto mining should be allowed in energy-rich regions and miners provided with access to inexpensive electricity. The department has joined…

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