MPs Set to Vote on Mining Bill That Would Let Russians Pay Cross-border with Crypto
Source: FedotovAnatoly/Adobe A top Russian politician has said that a crypto mining regulation bill has been submitted to parliament – and that the bill would also allow Russians to use crypto “as a means of payment” out...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A top Russian politician has said that a crypto mining regulation bill has been submitted to parliament – and that the bill would also allow Russians to use crypto “as a means of payment” outside the country. Moscow has previously banned the use of crypto pay domestically.
In an interview with Radio Sputnik, Anatoly Aksakov, the Chairman of the State Duma’s committee on the financial markets, stated:...
Read More: MPs Set to Vote on Mining Bill That Would Let Russians Pay Cross-border with Crypto
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
A $1,000 MetaMask incident could turn Ethereum’s staking queue into a $5 billion traffic jam
MetaMask's precautionary validator exits are turning a roughly $1,000 reward diversion into a test of Ethereum's staking capacity....
Bitcoin crashes through $81,000 buy wall as $1 billion crypto liquidation bloodbath unfolds
Bitcoin registered an intraday low near $80,000 as a cryptocurrency selloff triggered over $1 billion in liquidations, overwhelmin...
US government moves another $1 billion in Bitcoin as BTC slides $4,000
US government-linked wallets moved over $1 billion in Bitcoin on Oct. 8 as BTC prices fell and more coins reached Coinbase Prime....
Ether longs take the brunt of crypto’s $1 billion liquidation flush
The liquidation event highlights the risks of high leverage in crypto trading, emphasizing the need for cautious positioning and m...
NASDAQ CEO: Blockchain tokenization to transform global finance, unlock billions
Blockchain tokenization could revolutionize finance by enhancing asset liquidity and efficiency, potentially reshaping global fina...
XRPL’s $1.34 billion stablecoin base doesn’t tell us how much XRP users need
Tracked stablecoins on the XRP Ledger totaled $1.338 billion on Oct. 7. For XRP holders, the critical question is how much activit...