The new law prohibits citizens from buying and selling crypto with fiat on foreign exchanges. By directing the flows through local exchanges, the government aims to increase its control over crypto transactions. At Observers, we imagine Russia could follow the same path.
While Ripple pushes forward with its ambitious expansion plans in Dubai and Brazil, and prepares for the launch of its RLUSD stablecoin, the blockchain giant now must prepare to counter the U.S. agency's appeal.
While Ripple pushes forward with its ambitious expansion plans in Dubai and Brazil, and prepares for the launch of its RLUSD stablecoin, the blockchain giant now must prepare to counter the U.S. agency's appeal.
The new law prohibits citizens from buying and selling crypto with fiat on foreign exchanges. By directing the flows through local exchanges, the government aims to increase its control over crypto transactions. At Observers, we imagine Russia could follow the same path.
Founders Hedera, Ripple, and the Aptos Foundation are driving efforts to standardize sustainability disclosures and ensure smooth compliance with the upcoming MiCA regulation.
Cryptocurrency's use in gambling continues to expand globally, but multiple countries, including Singapore, have been pushing back against its use in casinos over fraud risks.
Nigeria licensed two local crypto exchanges, which might signal the end of a regulatory crackdown on the industry. Still, authorities' attitude towards crypto remains controversial.
Russia's recent crypto laws favored mining and cross-border payments with crypto. The new regulations were allegedly approved mainly due to the changing global landscape and Western sanctions.
