The Presidium of the Government Commission on Digital Development approved the proposal of the Russian authorities to use domestic equipment to launch 5G networks. The initiative is described in a wireless technology roadmap developed by a subsidiary of Rostec. In particular, the document says that during the construction of 5G networks, mobile operators should use “public servers of Russian design based on a trusted electronic component base”. […]
Telegram
One of the largest banks in Germany, Bayerische Landesbank (BayernLB) published a study in which it predicted the price of bitcoin in 2020 based on the ratio of reserves and growth and models of Seyfedin Ammus and the popular analyst Plan B. Is Bitcoin outshining gold? @Saifedean introduced the stock-to- flow approach to Bitcoin. It serves to quantify the “hardness” of an asset. We took the […]
Boston-based startup Nebulous, which developed the Sia Network cryptocurrency project, will pay a fine of $ 225,000 to the U.S. Securities and Exchange Commission (SEC) for selling unregistered securities. Big news! We entered into a settlement with the SEC for our 2014 offering of Siafunds (our security token), and the SEC took no enforcement action […]
EU competition commissioner Margret Westagher has launched an investigation into the digital currency project from Facebook. Her concerns are caused by the potentially anti-competitive nature of Libra. The EU's antitrust chief is scrutinizing Facebook's planned cryptocurrency because of the risk that Libra will lead to the creation of a new, entirely separate economy https://t.co/39DLuiBxwN – Bloomberg Crypto (@crypto) October […]
In the Russian Federation, they propose closing the loopholes in the legislation on Russian-controlled foreign companies and changing the rules for recognition as a tax resident of the country. This provision is contained in the draft Ministry of Finance on "The main directions of the budget, tax and customs tariff policy", designed for the next three years. According to the current legislation, the tax resident of the Russian Federation is a person who spent more than 183 days in the country during […]
As part of a special operation, the German police established control over the so-called “cyber bunker” with hundreds of servers for the darknet drug markets and child pornography and arrested seven suspects. Law enforcers also seized $ 41 million. German cops raid "CyberBunker 2.0," arrest 7 in child porn, dark web market sting. Bulletproof hosting facility was staged inside old NATO bunker in Germany; was […]
Bitcoin exchange operators, including Coinbase, Kraken, Circle and Bittrex, have developed a system to evaluate which cryptocurrencies are classified as securities under US law. According to the Wall Street Journal, the system will help exchanges decide which digital assets to list and which ones to not deal with so as not to violate the requirements of securities laws. Specially created Council […]
The British fintech startup Revolut has entered into an agreement with the payment giant Visa, under which it will begin work in 24 new markets, including in Russia. It is reported by Reuters with reference to the head of the Revolut Nikolai Side. By the end of this year, the service will be available in eight countries, including the Russian Federation, Brazil, Japan and the United States. To the markets of Latin […]
The Uzbek authorities will oblige local miners to pay for electricity at higher tariffs. This is stated in the relevant government decree. According to the document, the cost of electricity in the extraction of cryptocurrencies will increase three times. Departments have been given a month to bring regulatory legal acts in accordance with the resolution. Such a sharp increase in tariffs for miners was explained by the country's authorities as “stimulating energy conservation, increasing energy efficiency in industries […]
The price of the Fusion token (FSN) has more than doubled since the developers of the financial blockchain platform Fusion Network announced that they had hacked their wallet. This is written by Decrypt. According to the statement of the project’s representatives in the official group on Telegram published on Sunday night, as a result of breaking the wallet for exchanging FSN tokens in ERC-20 format for tokens of the project’s own network […]