Moshkov Flirts With Bitcoin Regulation
In spite of Russia's recent tough tone on Bitcoin, the central bank has now announced that the digital currency should not be left on the outside. Bitcoin regulation in the picture? Historically, government agencies and members of the Bank of Russia have been positive to the embracing of the cryptocurrency technology, but they have adopted a wait-and-see approach to its regulation. Alexey Moshkov, Chief of the Special Technical Activities Bureau in the Ministry of Internal Affairs takes the extra mile by suggesting the implementation of legislative policy and Bitcoin regulation of the....
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The Ministry of the Interior of the Russian Federation (MVD) has issued new statements on bitcoin and its possible regulation under domestic law. The agency tasked with implementing government policy and regulation suggested it would wait on a decision by the Bank of Russia, the country's central bank, before taking any action on matters of policy. Alexey Moshkov, chief of the agency's special technical activities bureau, told Russia-based news agency TASS: "We rely on decisions of our regulator and will act in line with the legislative practice in this area." The remark is notable given....
A widely traced technical indicator in the Bitcoin market is signaling bullish exhaustion as the cryptocurrency flirts with $60,000.
Bitcoin leverage traders show little interest in going long even as BTC price flirts with new lows below $29,000. Bitcoin (BTC) price initially bounced from its recent low at $29,000 but the overall market sentiment after a 25% price drop in five days is still largely negative. Currently, the crypto "Fear and Greed Index," which uses volatility, volume, social metrics, Bitcoin dominance and Google trends data, has plunged to its lowest level since March 2020 and at the moment, there appears to be little protecting the market against further downside.Crypto "Fear and Greed index". Source:....
Are you for it, or against it? It's no secret that the bitcoin community can be divided when it comes to the topic of regulation - some believe it's necessary to bring bitcoin to the mainstream and others believe that bitcoin was built specifically to circumvent regulation. To get a better idea of where the industry stands as a whole, CoinDesk wants to hear directly from our readers about how they view bitcoin regulation around the world.
Typical Latin America. The region as a whole is having a love/hate relationship with cryptocurrencies. On the one hand, apparently, crypto remittances in Brazil, Argentina, and Venezuela grew 900% last year. On the other, Mexico and Peru’s Central Banks are actively working in their CBDCs. Which way will the scale tip? The jury’s still out […]