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Russian official says bill to give businesses leeway in use of crypto internationally

A Russian Finance Ministry official has provided new details about a bill on digital currencies, whicht is currently being drafted.The bill provides local infrastructure for settlements and regulation on mining, but will leave many details for businesses to work out on their own, the Finance Ministry's Financial Policy Department head

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Thai SEC Proposes Banning Crypto Businesses From Staking and Lending Activities – Regulation Bitcoin News

The Thai Securities and Exchange Commission (SEC) has proposed banning businesses from engaging in crypto staking and lending activities. The regulator is seeking public comments on the proposal, noting that the purpose of this prohibition is “to provide greater protection to investors and reduce associated risks.” Thailand Seeks Public Comments on

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Russian Businesses to Choose Which Crypto to Use for Cross-Border Settlements, Lawmaker Says – Bitcoin News

Russian companies may start transacting in cryptocurrency with partners abroad as early as next year and will be free to pick the coin they want to use, officials in Moscow have indicated. The sanctioned country is preparing to legalize foreign trade settlements with digital assets and this could happen in

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S. Korean City Busan Taps FTX to Develop Crypto Exchange, Promote Blockchain Businesses

The special zone has built several blockchain-based products and applications for use by the general public. These include B Pass, a blockchain-based ID service, Busan Digital Voucher, a local currency circulation-boosting service based on its digital ledger, the Citizen Safety Report, and B-Fresh, a seafood logistics service. Source

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FCA highlights limited role as unregistered businesses continue to operate

The number of unregistered cryptocurrency-related businesses continues to outweigh those signed up with the United Kingdom’s Financial Conduct Authority. Crypto.com became the latest business from the cryptocurrency ecosystem to register with the FCA, joining a list of a confirmed 37 companies with the green light to offer services in the country.Just

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‘Bitcoin Valley’ Launches in Honduras — 60 Businesses Accept BTC to Boost Crypto-Tourism – Featured Bitcoin News

Bitcoin Valley, the first bitcoin city in Honduras, has launched in Santa Lucia. Businesses in the area will accept bitcoin for payments. “In Santa Lucia, we are all going to participate in this project … Accepting bitcoin will open us to another market and win more customers,” said a local

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A mandate for blockchain businesses is to rebuild global trust

Trust is the cornerstone of socioeconomic success and geopolitical balance. Our current world is exhibiting a massive trust deficit. Distrust is resulting in socioeconomic failures and geopolitical angst. Blockchain’s superpower is trust. It is time to mandate blockchain businesses to rebuild trust, success and balance across global systems.Geopolitical agitations, the

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