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Citizens of India, convicted of conducting cryptocurrency operations, will face up to 10 years in prison. Such a preventive measure is spelled out in the bill "On the prohibition of cryptocurrency and the regulation of official digital currencies" from 2019, reports BloombergQuint. It is proposed to apply the punishment against persons “directly or not directly connected with mining, generation, storage, sale, transfer, sale, issue and conclusion of transactions […]

The largest social network in the world Facebook will introduce white paper to its Global Coin cryptocurrency on June 18th. It is reported by TechCrunch, referring to the statement by the manager of the European branch of Facebook, made at the conference Money2020. In addition to a company spokesperson, TechCrunch also received an application to publish certain news material from a member of the blockchain division of Facebook. Nevertheless, the company refused […]

Until the end of July, a draft law may be submitted to the State Duma of the Russian Federation, which will revise the system of penalties for Internet resources that violate Russian law. This was announced by the head of Roskomnadzor Alexander Zharov during the International Economic Forum in St. Petersburg, writes RBC. Zharov believes that blocking websites is an insufficient tool in the fight against violators. "Now the bulk of the laws says that […]

Leading in terms of trading volumes, Binance Exchange will issue its own stablebcoins in the next two months. About this in an interview with Bloomberg told the company's financial director Wei Zhou. Thus, the release of the first steyblecoin, secured by the British pound, has already become known earlier in June. As then said the head of the Changphen Zhao exchange, at the moment the coin is undergoing testing. AT […]