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Bank of Russia Sets Out to Regulate Digital Asset Taxation, Exchange, Still Opposed to Crypto – Regulation Bitcoin News

The Central Bank of Russia supports the development of digital financial assets but remains opposed to legalizing crypto payments, its top management has reiterated. The monetary authority is now working on a set of regulatory proposals that will be submitted to parliament by the end of the year. Russia’s Central Bank

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New Hampshire Court Sides With SEC in Lawsuit Against LBRY, Project’s Team Says Loss Sets a ‘Dangerous Precedent’ – Regulation Bitcoin News

The U.S. Securities and Exchange Commission (SEC) has won a court case against the blockchain-powered publishing platform LBRY. According to a New Hampshire district court ruling, Judge Paul Barbadoro agreed with SEC that the project’s native asset LBC was considered an investment contract or a transferable share representing a certificate

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Bitcoin sets new 7-week high as BTC price jumps past $21K on US jobs

Bitcoin (BTC) passed $21,000 at the Nov. 4 Wall Street open as bulls tackled a formidable sell wall.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewSellers move aside for new multi-week highsData from Cryptox Markets Pro and TradingView breaking through resistance to hit local highs of $21,262 on Bitstamp.The pair had struggled

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Bitcoin resistance mounts pre-FOMC as Dogecoin sets 17-month BTC high

Bitcoin (BTC) stayed motionless at the Nov. 1 Wall Street open as traders rooted for clues over a possible direction.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHopes of a breakout remain despite BTC sell wallData from Cointelegraph Markets Pro and TradingView showed a narrow range in place for BTC/USD overnight, the

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Ethereum sets record ETH short liquidations wiping out $500 billion in 2 days

Ether (ETH) is setting liquidation records this week as a comparatively modest price uptick reveals how bearish the market has become.Data from on-chain analytics platform CryptoQuant confirmed that United States dollar-denominated short liquidations hit a new all-time high on Oct. 25. Two days, half a billion dollars of ETH shortsIt

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Near Foundation Urges Winding Down of USN Stablecoin, Sets Aside $40M

According to the statement, DCB recently contacted the Near Foundation to advise it that USN had become undercollateralized, a condition that is "inherent" with algorithmic stablecoins, especially in "extreme market conditions." DCB further confirmed, according to the foundation, that there was also double-minting of USN, which contributed to the undercollateralization. Source

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Bitcoin price sets October high with $20K in reach as US stocks rally

Bitcoin (BTC) climbed to new October highs at the Oct. 3 Wall Street open as Credit Suisse concerns heightened. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTraders close in on rangebound BTCData from Cointelegraph Markets Pro and TradingView showed BTC/USD taking aim at $19,500 after starting the month flat.The largest cryptocurrency reacted

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