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Russia doesn’t plan to follow in China’s footsteps by banning crypto outright, says deputy finance minister

While Russia continues to enforce a ban on cryptocurrency payments as part of a law which took effect in January, the country has no plans at this time to completely prohibit trading by its citizens.According to an Oct. 12 report from local news agency Interfax, Alexey Moiseev, the deputy finance

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Central Bank of Uruguay Establishes ‘Work Plan’ to Regulate Digital Assets — CoinDesk

In 2021, the BCU created an internal working group to study instruments and operations with virtual assets using an interdisciplinary approach. As a result of this initiative, the entity developed a “conceptual framework based on the business reality of the different operations involving virtual assets, including both new activities and

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World’s Largest Monero Accepting Darknet Market Reveals Retirement Plan — White House Admins Say DNM ‘Reached Its Goal’ – Bitcoin News

One of the largest darknet markets (DNM), White House, announced the market is retiring as the DNM’s administrators say the team has reached its goal. After revealing the retirement plan, White House admins explained that user registration and orders have been disabled. Darknet Market White House Plans to Close Its

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Huobi outlines plan for Chinese investors after halting crypto trading

The uncertainties sparked by China’s blanket ban on crypto trading have taken a downturn as homegrown crypto exchanges such as Houbi take proactive measures to protect and return existing investments residing on the mainland. Speaking to Cryptox in this regard, Du Jun, co-founder of Huobi Group, said that the crypto exchange

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Coinbase Abandons Plan to Launch Lend Program After SEC Threatens Lawsuit – Exchanges Bitcoin News

The Nasdaq-listed cryptocurrency exchange Coinbase has dropped its plan to launch a lending program after the U.S. Securities and Exchange Commission (SEC) threatened to sue the company. Coinbase Will Not Launch Lending Program Coinbase announced Friday that it has decided not to launch the Lend program. The exchange wrote: Our goal is to

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