Gref backs ban on cryptocurrency payments in Russia
Herman Gref, head of Sberbank, backed a ban on cryptocurrencies as a means of payment in Russia, but added that stablecoins and derivatives of such assets should not be banned.Experts and thought leaders on the digital economy and cryptocurrency market.
Gref backs ban on cryptocurrency payments in Russia
Herman Gref, head of Sberbank, backed a ban on cryptocurrencies as a means of payment in Russia, but added that stablecoins and derivatives of such assets should not be banned.
Deputy urges NFT marketplaces to establish offices in Russia
The largest NFT marketplaces should open their offices in Russia to operate legally on the country's territory, says State Duma deputy Anton Gorelkin.
Jack Dorsey criticises Meta for ‘wasted efforts’ on Diem
Facebook's plan (now Meta) to launch its own cryptocurrency was initially misguided, and the company would have been better off focusing on Bitcoin. This view was voiced by Jack Dorsey in an interview with MicroStrategy CEO Michael Saylor.
Opinion: Useful crypto projects will weather the bear market and recover
Raullen Chai, co-founder and CEO of the IoTeX platform, voiced an optimistic outlook for the digital assets market.
Fidelity calls Bitcoin the ‘perfect form of money’.
Bitcoin is viewed as a monetary good, and in the foreseeable future no altcoin will be able to challenge this status. Analysts at Fidelity Digital Assets reached this conclusion.
Opinion: The Bank of Russia was late to ban cryptocurrencies
The Bank of Russia was far too slow to adopt a hardline prohibition on cryptocurrencies, as the market has grown significantly in recent years and there is no alternative to regulation. ForkLog quoted Andrei Lugovoy, deputy chairman of the State Duma committee on security and anti-corruption.
JPMorgan trims Bitcoin fair value estimate from $150,000 to $38,000
Persistent high volatility is limiting institutional adoption of Bitcoin, JPMorgan noted. Analysts justified lowering Bitcoin's fair value from $150,000 to $38,000, according to Business Insider.
Paul Krugman compared cryptocurrencies to the US mortgage crisis
American economist and Nobel laureate Paul Krugman, in his NYT column, compared the fragility of the digital asset market to the US mortgage crisis.
Medvedev: central bank stance on Bitcoin is reasonable, but ban attempts could backfire
Dmitry Medvedev, the deputy chairman of Russia's Security Council, said during discussions on cryptocurrency regulation that attempts to ban anything often produce the opposite effect.
Russian finance ministry accused of drafting bitcoin-market regulation to favour a single player
The concept of regulating the crypto market by the Russian Ministry of Finance is a positive sign for bitcoin holders, but the proposed measures conflict with the nature of digital assets and are probably tailored for a specific player, ForkLog experts said.We use cookies to improve the quality of our service.
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