Cryptocurrencies step-by-step became part of the modern world, as more and more people are ready to invest in cryptocurrencies. Based on the new report released by the World Gold Council, cryptocurrency investment is one of the most popular investment tools in Russia. This report shows that Russian investors are investing in cryptocurrencies. Let’s have a …
Russian Investors are Willing to Invest in Crypto Read More »
There is no unique approach when it comes to regulating the crypto industry. Interestingly, the county that has a huge potential to develop this industry, continues to surprise with its decisions. For example, in early September Russia’s Ministry of Finance proposed a blanket ban on any crypto transactions. With the exception of obtaining cryptocurrency through …
Russian Authorities and Evolution of the Crypto Industry Read More »
Russia’s Ministry of Finance plays an important role when it comes to the cryptocurrency industry. For example, in early September, the ministry proposed a blanket ban on any crypto transactions except for obtaining cryptocurrency through three methods. The first one is inheritance, the second one is bankruptcy, and the last one is the enforcement proceedings. …
Ministry of Finance and Cryptocurrency Industry in Russia Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURRUB Russia’s central bank held its benchmark interest rate unchanged at 4.25%. It was a move that came after a series of gradual easing for its currency, which showed that its conflict with Moscow …
Daily Market Charts and Analysis September 18, 2020 Read More »
Crypto mining gained popularity in the Russian Federation. However, there are certain risk factors. Interestingly, the country’s major cryptocurrency law “On Digital Financial Assets” does not mention the term mining at all. Russian President Vladimir Putin signed this bill into law this summer. Notably, the law “On Digital Financial Assets” is regarded as a glossary …
Crypto-related companies are trying to come with new ideas and the world’s largest crypto exchange by daily trading volume is not an exception. Recently, Russian lawmakers approved the country’s first crypto-related law in July. Russian President already signed this bill into law. This law forbids Russian residents from making crypto payments starting from January 2021. …
Binance, World’s Largest Crypto Exchange, and Russian Market Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURHUF Hungary is about to close its international borders once again. The news is worrying forex investors even while its economy stays fully open and schools are going back to normal. But the lingering …
Daily Market Charts and Analysis September 01, 2020 Read More »
Last month, the State Duma passed a bill titled “On Digital Financial Assets”. Interestingly, Russian authorities decided to provide legal status to cryptocurrencies. Nevertheless, the bill prohibits the use of cryptocurrencies like bitcoin as a payment method. On the last day of July, Russian President Vladimir Putin signed the bill into law. As a result, …
Russian Telecom Regulator and a Major Cryptocurrency Website Read More »
On Wednesday, stocks in the Asia Pacific reacted to the news connected with the coronavirus pandemic and its vaccine. Mainland Chinese stocks recovered slightly from earlier losses. The Shanghai Composite fell 0.63% to 3,319.27. In the meantime, the Shenzhen Composite dropped 1.26% to 2,215.12. Moreover, the Shenzhen Component fell 1.17% to end its trading day …
Cryptocurrencies step-by-step became an integral part of the modern world. However, authorities are struggling to deal with crypto-related crimes, as it is harder to track cryptocurrencies than fiat currencies. Nevertheless, Russia’s Federal Financial Monitoring Service wants to address this issue by developing a new cryptocurrency analytics tool. Thanks to this analytics tool, a major financial …
The Euro traded at $1.1736 on Tuesday after plummeting down to $1.1722 earlier. On the other hand, the U.S. dollar soared. Before that, the greenback had been falling for seven straight weeks. Traders think that it was long due for a short-term corrective bounce. Meanwhile, the Turkish lira traded at 7.2785 per dollar on Tuesday. …
Euro gained slightly Tuesday. What about other currencies? Read More »
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURNOK The euro to Norwegian krone exchange rate is about to climb up towards its resistance as bulls prepare to secure more gains. Prices should hit their highest level since May by the start …
Daily Market Charts and Analysis August 10, 2020 Read More »
Russian Federation covers a huge territory. Moreover, the country is home to more than 140 million people. According to the Bitcoin marketplace Paxful, interest in cryptocurrency peer-to-peer trading in the country increased by 350% on a year-over-year basis. Based on the study conducted by Paxful, from the period of May 2019 to May 2020, an …
Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. USDSEK The downtrend continues to drag bullish investors. The US dollar to Swedish krona trading pair is widely predicted to crash to its lowest level since April 2018 the pandemic continues to take shots …
The topic of crypto regulations in the Russia Federation slowly but steadily is coming to an end. The process was full of challenges. However, this week Russia’s legislative body passed a bill titled “On Digital Financial Assets” or DFA in its final third reading. It is worth noting that Russia passed a major bill related …
Russian Lawmakers Adopted a Bill on Digital Financial Assets Read More »
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