Bitcoin, crypto market tank as Putin declares war on Ukraine
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The cryptocurrency market took a nosedive in what was already seeming like a day in the red zone after Russian President Vladimir Putin declared a “special military operation” for the…
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Key Highlights Moscow and Washington are reportedly discussing joint management of the Zaporizhzhia nuclear plant through back-channels. The U.S. has reportedly shown interest in using the facility’s electrical capacity for industrial-scale cryptocurrency mining. The proposal would allocate part of the plant’s energy to support digital asset production while simultaneously supplying…
According to a Bloomberg Report, Russia will soon legalize the use of cryptocurrencies for payments. This move is aimed at easing the growing difficulties faced by companies in making foreign payments due to U.S. sanctions over the war in Ukraine. Details on the New Bill and Legislation On Tuesday, Lawmakers…
Previous cryptocurrency regulation was “not enough,” according to Russian legislators The amended law will prevent workarounds of existing crypto payment restrictions Russian President Vladimir Putin signed a bill on Thursday amending the country’s existing ban on cryptocurrency payments to specify additional types of tokens. The amendment — submitted by Anatoly…