Putin’s internet ombudsman pessimistic about crypto regulation
“No one is looking to allow Russian people to earn money with crypto operations,” the official claimed. Despite Russian officials' increased interest in cryptocurrencies like Bitcoin (BTC), Russia’s internet ombudsman expressed confidence that local crypto regulations will remain largely prohibitive.Dmitry Marinichev, Russia’s ombudsman for the protection of entrepreneurs' rights under Russian President Vladimir Putin, discussed Russia’s approach to cryptocurrency regulations at a panel of a major local industry event, Blockchain Life 2021, on Wednesday.Russia will continue to take a....
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The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees in the country. In the same way, the EU has also warned about these assets recently.
Spanish Ombudsman Gives His Take on Crypto
Angel Gabilondo, the Spanish ombudsman, has given his take regarding cryptocurrencies and the effects they have on citizens investing in some of these projects.....
Crypto regulation in Spain remains on the political talks amid the current bull-run seen in the bitcoin prices. Now, the country’s Ministry of the Economy is about to create a new Financial Customer Ombudsman for crypto-related matters. Independent Financial Customer Body Will Abide by the MiCA Ruling Per La Información, Minister Nadia Calviño seeks to extend its guardianship to the financial body to cover topics such as protecting consumers in cryptocurrency services. To make it a reality, the minister will submit the initial proposal to a public consultancy “as....
Known for his outspoken and firm stance against bitcoin and cryptocurrencies, German Klimenko, Russian President Putin’s newly appointed counselor and advisor on the internet has now called the cryptocurrency an Internet meme that went viral. He further dismissed the acceptance of the cryptocurrency in other parts of the world as “fiction”, claiming that the bitcoin is illegal everywhere in the world. The anti-Bitcoin stand taken by several Russian officials, most notably the Russian Finance Ministry has been reported several times in the past on CCN. A new ‘Bitcoin Ban’ bill is gearing to....
Putin’s business ombudsman says Russia must become the world’s blockchain leader, as he’s certain the country has the necessary resources. There are currently around 500 000 of Blockchain users in Russia, and the number is growing. Following the UK’s decision to leave the EU the race is now on to replace London as the global fintech capital, and Moscow may join the race. Focus on Blockchain. The Party of Growth led by Boris Titov has developed a program which will be presented in the parliament elections this September. Researching and testing Blockchain applications are one of the main....
Russian president Vladimir Putin’s business advisor has said the country should “become the world leader in the Blockchain space.” Putin’s Advisor: ‘Time to Ban Bans’. Speaking to news resource Znak, Boris Titov, who also leads the rival, supposedly Kremlin-allied Party of Growth, advocated Bitcoin’s underlying blockchain technology as Russia’s gateway....