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Crypto Community Holds its Breath as the EU Finalizes Regulations on PoW and Unhosted Wallets this Month

Summary: EU legislators are estimated to finalize regulations on proof-of-mining crypto activities and unhosted wallets by the end of June. Such regulation will have enormous implications for the crypto industry in Europe and globally. The crypto community is anxiously watching as EU legislators finalize regulations that will affect proof-of-mining activities and unhosted (non-custodial)

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Bank of Russia Sees No Place for Crypto in Financial Market, Finalizes Digital Ruble Prototype – Finance Bitcoin News

In advance of presenting its comprehensive view on crypto regulations, the Central Bank of Russia has indicated that it sees no place for cryptocurrencies in the country’s financial market. The monetary authority also announced that the prototype of the platform for its own digital currency is already completed. Bank of Russia

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