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Policy & Regulation

Page 27

Policy & Regulation

Russia Plans Cross-Border Trade with Cryptocurrencies

The Bank of Russia appears to be accelerating plans to test cross-border cryptocurrency transactions for qualified investors. This step is considered as part of Russia's efforts to explore the use of cryptocurrencies in international trade. The central bank specifically aims to create a category called qualified investors, allowing them to trade crypto assets for cross-border transactions.

Aug 26, 2024
Policy & Regulation

Zhang Moumou Extradited from Thailand to China!

The increasing popularity of digital currencies around the world brings with it the risk of economic crimes in this area. In this context, the Chinese government announced that Zhang Moumou, the leader of a large crypto pyramid scheme who was extradited from Thailand to China, was captured as a result of an international pursuit.

Aug 23, 2024
Policy & Regulation

$119 Million Donation from Crypto Companies to Super PACs!

A report by think tank Public Citizen revealed that cryptocurrency companies contributed $119 million to crypto-friendly super PACs (political action committees) this election cycle. This reveals the significant increase in the crypto industry's political spending and the influence of these companies in the election processes.

Aug 22, 2024