Category: rules

Investment Fund Focused on Crypto Mining to Be Created in Russia

Posted on By Caden

The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment. Russian Crypto Mining Sector to Attract Shareholders Through Investment Fund Work has begun to set…

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Bank of Russia, Crypto, crypto mining, Cryptocurrencies, Cryptocurrency, equipment, establishment, fund, Hardware, investment, investment fund, Mining, mutual fund, Regulations, rules, Russia, russian

UK Treasury Considers Digital Pound, Maintains Crypto Hub Objective

Posted on By Caden

The U.K. is mulling over launching a digital pound as it remains committed to becoming a cryptocurrency hub, a government representative has indicated. British authorities should also regulate payments with stablecoins, according to the official. United Kingdom Prepares to Begin Consultation on Digital Pound Currency The executive power in London is considering the introduction a…

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CBDC, Crypto, crypto regulations, Cryptocurrencies, Cryptocurrency, Digital Currency, digital pound, Finance, Government, minister, Regulations, rules, secretary, Stablecoins, Treasury, U.K., uk

Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services

Posted on By Caden

Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions on NFT Trading Wechat, the instant messaging, social media, and mobile payment app developed…

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accounts, ban, China, chinese, Crypto, Cryptocurrencies, Cryptocurrency, nft, NFTs, policy, prohibition, Regulation, Regulations, Rule, rules, Services, tencent, Token, Tokens, trading, WeChat