The Currency Analytics

Russia Considers that by Design Cryptocurrencies cannot be Regulated

By Maheen Hernandez

Andrew Yang, Democratic Presidential Candidate, stated on Twitter:  "New Policy #22 – Digital Asset/Cryptocurrency Regulation.

Yang stated that cryptocurrencies have now grown representing a lot of value and economic activity.

When commenting about Fang one of the Twitter users stated that Fang is one user who is in touch with technology, crypto, and the blockchain.

In India, the RBI has excluded cryptocurrency from the regulatory Sandbox.  The RBI, which functions as the Central Bank of India stated that blockchain and smart contracts…

Russia, on the other hand, has recently stated that they do not have a clue as to how they are to regulate the cryptocurrency.

Moiseev stated, “To be honest, I thought anonymity and cryptocurrencies were a thing of the past.

In the latest version of the law, the definitions of cryptocurrency, mining, and tokens are removed.

Yuriy Pripachkin stated that the proposed law would only increase government pressure, ultimately pushing startups to move on to friendly jurisdictions like in Malta or…

Read Full Article