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“#Russian police detain people protesting Alexei Navalny’s detainment” MOSCOW – Police detained more than 3,000 people and used force to break up rallies across Russia on Saturday as tens of thousands of protesters ignored extreme cold and police warnings to demand the release of Kremlin critic Alexei Navalny. Navalny had called on his supporters to…
“# Law Decoded: Bank payments going global with stablecoins and CBDCs, Jan. 15–22 ” Editor’s note It may be too late for resolutions and too early for Lent, but lacking any discrete occasion I would still like to give up U.S. political news for a while, or at least for the duration of one Law…
“# Some Russian officials are being forced to sell their crypto by April 2021 ” Russia adopted its cryptocurrency law in January, but this legislation does not provide a direct answer to some questions, including how local officials should deal with their crypto holdings. There are at least two other legal initiatives requiring Russian public…
“#The right — and wrong — way to probe the Capitol riot” Speaker Nancy Pelosi and others on the left are pushing for a “9/11-type” commission to probe the Jan. 6 storming of the Capitol. But it sounds like they really want a politicized panel looking to make hay of the assault. It would be…
“# Top Russian bank Sberbank plans to launch its stablecoin by spring 2021 ” Sberbank, the largest state-owned bank in Russia, has reportedly filed an application with the Bank of Russia to launch a blockchain platform for its “Sbercoin” stablecoin. Sergey Popov, director of the transaction business at Sberbank, announced the news on Jan. 21…
“# Russian court order removes Binance website from regulator’s blacklist ” The website of the world’s largest cryptocurrency exchange, Binance, is no longer formally blacklisted in Russia, according to a new court ruling. According to a Jan. 21 report by Russian news agency Kommersant, the Arkhangelsk Regional Court has annulled a previous decision to blacklist…
“# Nornickel to use blockchain for its new ETCs on Deutsche Börse and LSE ” The world’s largest producer of palladium and high-grade nickel, Norilsk Nickel, is pressing ahead with its digital technologies strategy. As of Jan. 18, Nornickel’s Global Palladium Fund has launched exchange-traded commodities, or ETCs, for metals on the Deutsche Börse, which…
“# After alleged hack, Russian crypto exchange Livecoin shuts down ” Russian cryptocurrency exchange Livecoin has announced it is shutting down after abruptly halting operations in late December 2020. According to Livecoin’s main page, the exchange is unable to continue operations due to financial and technical damages caused by an alleged attack on its servers…
“# Minerals giant Norilsk Nickel joins Responsible Sourcing Blockchain Network ” “Mining” may be most frequently used in the crypto industry to refer to the process by which digital currencies are collectively generated — but there are contexts in which firms are adopting blockchain infrastructure to manage the most physical of mining supply chains. The…
“# Bitcoin bubble will pop sooner or later, says famous Russian BTC critic ” Anatoly Aksakov, a member of the Russian State Duma, has reiterated his negative stance on Bitcoin (BTC) shortly after the cryptocurrency briefly retouched $40,000 on Jan. 14. In an interview with local news agency TASS, Aksakov argued that Bitcoin is not backed…