Russian Prime Minister: If Bitcoin Popularity Falls, Blockchain Crypto Regulations No Longer Important

While most countries in the world are taking a step forward in the regulation of cryptocurrencies, Russia seems to want to take a step back, considering that these assets are losing popularity. The Russian Prime Minister, Dmitry Medvedev, said that for the government of the country the regulation of cryptocurrencies was no longer a priority, since these assets had lost…

Russian Exchange Aggregator to Resume Operations After Recent Block by Gov’t

Popular Russian crypto exchange aggregator BestChange will soon resume operations after being blocked by the government, crypto news outlet Forklog reports May 7. The firm’s head of public relations and marketing Nikita Zuborev told Forklog that the block is expected to be lifted in the coming days following a court hearing. Russian telecommunications watchdog Roskomnadzor (RKN) blocked the BestChange website on March 12, following an order from a district court in…

Are Celebrity Investments in Crypto Good or Bad for the Industry?

Celebrities have an inherent influence in everything they do. Because they are celebrated and create feelings of respect and positivity from others, their endorsement of products or services carry a lot of weight. Because of this status, they are making a big statement in the cryptocurrency world. Some well-known names have drawn attention to crypto…

Bitstamp Seals BitLicense From New York Regulator

The United States subsidiary of major European crypto exchange Bitstamp has been granted a virtual currency license from New York state’s financial regulator, according to an official press release from the New York Department of Financial Services (NYDFS) on April 9. The license, known as a BitLicense, has been awarded by the NYDFS to Bitstamp USA Inc., a subsidiary of the Luxembourg-registered exchange. According…

Israeli Crypto Miner Mulls Move to Toronto Stock Exchange

Israeli cryptocurrency mining firm Bitfarms is currently seeking a listing with the Toronto Stock Exchange, a company spokesperson told Cointelegraph on April 2. Local reports earlier this week suggested that the firm would be delisted from the Tel Aviv Stock Exchange (TASE) as a result of losses incurred in the crypto bear market. Bitfarms Director of Public Relations Bahador Zabihiyan…