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Crypto Ban in Russia Can Have Opposite Effect, Medvedev Warns as Opposition Mounts Against Proposal – Regulation Bitcoin News

Dmitry Medvedev, former president and prime minister of Russia, has voiced his concerns over Bank of Russia’s initiative to ban most crypto operations. Prohibition could bring the opposite result, the Russian politician warned, joining a chorus of opinions against the restrictive policy. More Officials and Organizations Reject Central Bank’s Call to

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Sen. Lummis Mounts Last-Ditch Effort to Modify Crypto Broker Language

“We need to be fostering innovation, not stifling it, if we are going to maintain America’s position as the global financial leader,” Lummis said in a statement. “I’m proud to introduce this bipartisan bill to ensure that our tax system reflects the realities of digital assets and distributed ledger technology.” Source

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Opposition mounts to Biden’s OCC pick, fears she could ‘regulate crypto into oblivion’

Resistance is mounting to United States President Joe Biden’s reported plans to tap a staunch banking and crypto critic to run the Office of the Comptroller of the Currency.The proposed nomination of law professor Saule Omarova to head the federal bank regulatory agency has raised eyebrows in political and financial

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