Vladimir Putin isn’t as hawkish on cryptocurrencies as his nation’s Central Bank authorities. The Russian president recently stated that Bitcoin mining could be “advantageous” to Russia, casting doubt on any ban-like approaches to the sector. Internal Division Putin aired his thoughts on the matter in a government meeting on Wednesday. He began the discussion by addressing the regulation of cryptocurrencies, which he called an “issue in the spotlight”. “We have certain competitive advantages here, especially in the so-called mining,” he…
Tag: 5th
The UK Adopts the 5AMLD Guidelines to Prevent Cryptocurrency Risks
The finance and the economics department of the UK recently strengthened measures to curb the risks associated with cryptocurrencies. Therese Chambers, the Director of Retail and Regulatory Investigations, revealed the new regulations in a speech on the 6th of March 2020. Chambers noted that the UK’s Financial Conduct Authority (FCA) is the official overseer of the Anti-Money Laundering for some crypto objectives, as per the new Money Laundering Regulations (MLR). Chambers Speech on Cryptocurrency Regulations Chambers noted that the UK’s…
2 years ago 
50
views