Cryptocurrencies | ForkLog

ForkLog 12 14.11.2024

Ukrainian MP: 42% of New Cryptocurrency Law Agreed Upon

The Ukrainian law “On Virtual Assets,” with new amendments addressing the requirements of the FATF and MiCA, is undergoing coordination with the participation of the Ministry of Digital Transformation, the NBU, and the NSSMC. This was reported by Member of Parliament Yaroslav Zheleznyak on his Telegram channel. According to him, the working group has so […]

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ForkLog 15 12.11.2024

Trump Seeks Crypto-Friendly Figures for Government Roles

US President-elect Donald Trump is considering appointing candidates supportive of cryptocurrencies to key government positions, according to The Washington Post, citing sources. The politician’s advisors are consulting with crypto company leaders regarding potential changes in federal policy, the media noted. Billionaire Scott Bessent is being considered for the position of Treasury Secretary. Trump’s leading pick […]

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ForkLog 10 13.10.2024

Ukrainian Officials Increasingly Embrace Cryptocurrencies, Says NACP

The head of the NACP, Viktor Pavlushchik, highlighted the growing popularity of digital assets among Ukrainian officials in an interview with Glavcom and discussed methods for tracking crypto assets. “Each year, the amount of funds declared in cryptocurrencies increases. They are used by both the general population and public officials. A few years ago, no […]

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ForkLog 25 30.09.2024

Survey Reveals 79% of Russians Have Never Used Cryptocurrencies and Do Not Intend To

A survey by the financial marketplace “Sravni” reveals that 94% of Russian residents have never used cryptocurrencies: of these, 79% do not plan to engage with this type of asset in the future, while only 15% expressed a desire to do so, reports TASS. The study involved 1,200 individuals over the age of 18 from […]

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ForkLog 29 16.09.2024

Bank of Russia Highlights Risks of Cryptocurrency Transactions

The Bank of Russia views the widespread adoption of cryptocurrencies and stablecoins as a risk factor for the country’s domestic economy. This is outlined in the draft of the main directions for the development of the financial market until 2027. The regulator once again referred to digital currencies as “monetary surrogates” and emphasized that without […]

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ForkLog 7 13.09.2024

Russia to Regulate Cryptocurrency Trading by November, Says Aksakov

By November, the Central Bank of Russia and the Ministry of Finance will prepare the necessary regulatory documents to define the parties involved in the cryptocurrency trading process within the framework of ELR. This was reported by Anatoly Aksakov, head of the State Duma Committee on Financial Markets, to Parliamentary Newspaper. “[Trading will be conducted] […]

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ForkLog 12 06.09.2024

Cryptocurrency Payments: A Boon for AI Agents, Says Expert

Artificial intelligence will require cryptocurrency micropayments to circumvent financial constraints, according to Bernstein analyst Gautam Chhugani, as reported by The Block. The current global financial system is built around SWIFT, Mastercard, and Visa, which require individuals and entities to verify their identities. This poses a problem for automated AI, which lacks documentation. Neural networks can […]

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ForkLog 63 26.08.2024

Study Reveals Women View Cryptocurrency as an Unattractive Male Hobby

Interest in cryptocurrencies ranked ninth in the list of “attractive” male hobbies from the perspective of women, according to a study by Date Psychology, as reported by Cointelegraph. The survey found that women are more favorable towards partners watching anime, engaging in cosplay, or reading comics. Nearly a third of respondents found these activities interesting, […]

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ForkLog 6 15.08.2024

Speculation Arises Over The Trump Organization’s Potential Shift to Cryptocurrency

Eric Trump, President of The Trump Organization, has described cryptocurrency and decentralized finance as “digital real estate” and potentially powerful accelerators for the US economy, according to The Post. Trump Jr. noted that more than half of the country’s residents are unbanked and face credit denial. Cryptocurrencies, in this sense, provide accessible collateral with instant […]

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ForkLog 13 08.08.2024

Robinhood’s Cryptocurrency Trading Revenue Soars 161% in Q2

The online broker Robinhood reported $81 million in revenue from cryptocurrency trading for the April-June period. This figure marks a 161% increase compared to the second quarter of the previous year and is double the revenue generated from stock-related metrics ($40 million). The largest source of revenue for the company remained options trading, which brought […]

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ForkLog 20 12.07.2024

US Congress Fails to Override Biden’s Veto on SAB 121 Repeal

On July 11, the US House of Representatives fell short of the two-thirds majority needed to override President Biden’s veto on legislation to repeal SAB 121. The document effectively prohibited banks from holding digital assets on their balance sheets, reports The Block. The bulletin remains in effect. A total of 228 congressmen voted for its […]

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ForkLog 14 11.07.2024

Russia Considers Cryptocurrency Trading for Qualified Investors

Organizations listed in the register of exchanges and trading systems may be granted the right to conduct digital currency trading for “particularly qualified” investors, according to a source in the Ministry of Finance, as reported by Interfax. The agency’s source indicated that the proposal is included in a draft review prepared by the ministry on […]

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