Russia Will Legalize Cryptocurrency Soon – Trade Minister Says

Following months of discussion to ban digital currencies, Russia has made a u-turn to incorporate the asset class into its monetary system. Trade Minister Denis Manturov revealed that the government is working on implementing some policies to support the use of virtual currencies in the nation. When asked about paying for goods and services in … Read more

Binance Reportedly Seeks to Set up German Branch

Binance, one of the most prominent digital assets exchanges worldwide, has never stopped in its tracks to break new grounds and explore new nations. The company’s CEO, Changpeng Zhao, announced at an event in Germany that his organization is currently holding talks with regulatory agencies in Germany concerning establishing a branch there. Additionally, the digital … Read more

India’s Central Bank Warns against Dollarization of Local Economy by Digital Assets

India Warns against a Crypto Dollarized Financial Sector The Reserve Bank of India (RBI) said that digital asset would impair the ability of the country to supervise its economic system and establish financial policies. The supervising bank’s officials issued warnings one more time over the utility of digital assets. The RBI’s officials alleged that adopting … Read more