The Russian government may allow cryptocurrency miners to sell cryptocurrencies like other exports, such as gas. Deputy Minister of Finance Ivan Chebeskov specified that this option is part of the bill to legalize cryptocurrency mining introduced in 2022. This allows miners to process these exports in the same way as commodities.advertising Russia considers cryptocurrency export restrictions The Russian government is considering regulating the export of cryptocurrency as well as raw materials such as gas. These efforts will stem from a cryptocurrency mining bill introduced in the State Duma in November 2022. Deputy Minister of Finance Ivan Chebeskov offered an…
Author: Crypto Flexs
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The Securities and Exchange Commission (SEC) rejected cryptocurrency exchange Coinbase’s request for new digital asset regulations, arguing that current regulations are already in place. SEC Chairman Gary Gensler said Friday that he supports the decision because existing laws already apply to cryptocurrencies.“Therefore, federal securities laws apply when cryptocurrency assets are offered and sold in the form of investment contracts and when companies broker transactions in cryptocurrency asset securities,” Gensler said in a statement. ‘Non-compliant cryptocurrency intermediaries’“As I said before the collapse of one of the largest non-compliant cryptocurrency brokerages that cost investors billions of dollars, meaningful engagement with the SEC…
reporter Posted on: December 16, 2023 DOT is down more than 3% in the last 24 hours alone. Liquidation rates were high and market indicators looked bearish. Polkadot (DOT) continues to top the list of key indicators of the degree of decentralization. This can generally be perceived as a positive update, as the core value of blockchain technology is decentralization. But will this be enough for the token to register a profit on the price chat? Polkadot is becoming more and more decentralized! Polkadot Insider recently posted a tweet highlighting the Nakamoto coefficient of blockchain. First of all, this metric…
Cardano price has seen a stop-start performance over the past week, with bulls struggling to stay above the $0.60 price level. This comes at a time when Bitcoin, the leading cryptocurrency, is losing some of its recent gains. Interestingly, a popular cryptocurrency analyst at Will ADA price rebound to $0.70? In a recent post on the As highlighted in Martinez’s chart, ADA token appears to be trading within a descending triangle pattern on lower time frames. A descending triangle is a chart pattern with a flatter downward trend line and a horizontal trend line. A descending triangle shape on a…
According to a message from the project creator, the Ethereum Name Service (ENS) has achieved decentralized governance. December 14th.ENS is a naming system on the Ethereum blockchain that adds human-readable names to various resources, including cryptocurrency wallets and websites. Until now, the root node of the project has been maintained by members of the Ethereum community.ENS founder Nick Johnson approved the change in ownership. He wrote to X:“(This) is truly the end of an era. Below is the message I just sent to the ENS root keyholder. “This is a request to transfer the final authority to the DAO.”The email…
Arbitrage trading (ARB), a representative example of Ethereum scaling solutions, According to the network, a significant downtime event occurred on December 15th. status page. This incident led to immediate investigation into the root cause and deployment of a fix. As of this writing, the Arbitrum One network has remained inaccessible for over 60 minutes due to sequencer and feed issues. Arbitrum suffers from network downtime. Arbitrum’s status update acknowledged the problem; state Arbitrum One Sequencer and Feed went down at 10:29 AM ET amid a noticeable surge in network traffic. In particular, Martin Köppelmann, co-founder of Gnosis, charge The outage…
The cryptocurrency market is currently seeing significant gains, with major cryptocurrencies such as Bitcoin (BTC) and nascent tokens such as BONK increasing in value by as much as 110%. This bullish trend is largely due to the US Federal Reserve’s (Fed) announcement that it will keep interest rates unchanged. As investor confidence grows, global market capitalization has also seen a notable rise, driven by increasing trading volumes across various cryptocurrencies. In this dynamic environment, altcoins such as Optimism (OP), 1inch Network (1INCH), Floki Inu (FLOKI), Memecoin (MEME), Chia (XCH), and ScapesMania are among the best with every chance of outperforming…
that much Osmo +15.70% The token is up more than 11% in the last 24 hours amid poor performance for most major cryptocurrencies.The native token of the Osmosis DeFi hub network was trading at $1.32. According to The Block’s pricing page, it’s 9:28 a.m. ET today.Over the past month, the token has recorded a significant rise of over 100%. According to analysts, this coincides with a noticeable surge in trading volume and increased network activity.On-chain data from Osmosis Data Interface shows that trading volume on the flagship DEX has surged to over $241 million in the past week alone. OSMO…
Mining has traditionally been criticized for its environmental impact and energy use. This article discusses an industry where mining can have an immediate positive impact: fossil fuel operations. backgroundThere has been a flurry of activity across the world’s three largest economies on methane issues in the energy sector ahead of COP28 in Dubai in November 2023. That month, China announced its long-awaited Methane Emissions Control Action Plan, followed by the China-US Sunnylands Statement on Strengthening Cooperation to Address the Climate Crisis, and the European Council and Parliament on new rules to reduce methane emissions from the energy sector. The deal…
Ethereum layer 2 network Arbitrum One suffered an outage of approximately 78 minutes on December 15, but is now back online, according to a statement from the network’s Discord community manager Ricardo “Gordan.” Gas prices on the network are still abnormally high but should “normalize”. This is a message from the Arbitrum community manager. Source: Arbitrum Discord.According to an alert posted on Arbitrum’s official status page, the sequencer “frozen” at 10:29 a.m. (13:29 UTC) during a “significant surge in network traffic.” At 5:58 PM UTC, Arbitrum’s block explorer Arbiscan showed that some blocks were being produced. However, it turns out…