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Intergovernmental Panel on Climate Change calls cryptocurrency CO2 emissions a ‘growing concern’

The group said that all technologies — seemingly including crypto — had the potential to enable emissions reductions as well as increased emissions based on how they were governed.

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Russia Will Not Try to Ban Home Crypto Mining, Finance Ministry Official Indicates

A high-ranking representative of the Ministry of Finance in Moscow sees no point in banning crypto mining in Russian households as it would be hard to restrict the activity. The…

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India’s Crypto Trading Volume Plummets as New Tax Rules Enter Into Force

Crypto trading volumes in India have plummeted following the new tax law entering into force. The new rules impose a 30% flat tax on crypto income and do not allow…

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Sanctions Motivate Russia to Create Own Crypto Market Infrastructure, Finance Ministry Says

With sanctions cutting off Russia from global finances, Moscow’s motivation to establish a domestic market infrastructure for digital assets grows, a top official at the Russian finance ministry has noted.…

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Indian Government Consulting With IMF, World Bank on Crypto Policy

India’s government is consulting with the International Monetary Fund (IMF), the World Bank, and Indian regulators in order to form the country’s crypto policy. “We have reached out to institutional…

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US Senator Cruz Introduces Bill to Prevent Federal Reserve From Using Digital Currency as Surveillance Tool

U.S. Senator Ted Cruz has introduced legislation to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals and competing with the private sector. The…

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EU Lawmakers Back Regulation Threatening Unhosted Crypto Wallets, Defi Space

Members of the European Parliament have approved a controversial regulation that could undermine the decentralized finance (defi) sector in the EU. Some of its provisions, which are yet to be…

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