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“# Law Decoded: Making sense of mixed signals, Dec. 13–20 ” The crypto regulation regime in any jurisdiction is an equilibrium among multiple institutional, group and personal interests of actors who have a sway over financial and monetary policies. These interests never perfectly align, frequently resulting in contradictory signals coming out of various power centers….
“# Bank of Russia governor: Banning crypto in Russia is ‘quite doable’ ” In a Friday press conference, Central Bank of Russia governor Elvira Nabiullina further escalated the fear, uncertainty, and doubt (FUD) surrounding the state of crypto regulation in the country. When asked about the rise of digital assets, Nabiullina gave the following remarks, as…
“# Russia to decide between blanket crypto ban and legalizing exchanges in 2022 ” On Thursday, conflicting reports emerged in Russia on the state of crypto regulatory affairs. First, a report by Reuters indicated that the Central Bank of Russia is seeking a ban on cryptocurrencies, citing risks to financial stability and the exploding volume…
“# Bank of Russia to ban mutual funds from investing in Bitcoin ” The Russian central bank continues its strict policies regarding the cryptocurrency industry, now officially banning mutual funds from investing in cryptocurrencies like Bitcoin (BTC). On Dec. 13, the Bank of Russia published an official statement on regulating investment opportunities by mutual investment…
“# Russia prioritizes CBDC ruble as overall crypto outlook seems positive ” After the Chinese authorities introduced a complete ban on cryptocurrency transactions in September by equating them to illegal financial activity, local cryptocurrency miners either dropped off the radar or moved to other countries in order to continue with their business. The United States…
“#Biden says military use ‘not in cards’ for Russian-Ukraine invasion” There is a strange dissonance between America’s “unwavering support for Ukraine’s territorial integrity, its sovereignty, its independence” recently expressed by Secretary of State Antony Blinken, and President Biden’s admission that the use of force against a prospective Russian invasion of Ukraine is “not in the…
“#Will Canada help save Ukraine?” When President Joe Biden got off a video call with his Russian counterpart on Tuesday, he started working the phones: Paris, Berlin, Rome, and London were all on his call sheet. He was building a unified front of countries looking to send a strong signal to Russia that an incursion…
“#Weak Joe Biden no match for Vladimir Putin and other foes: Goodwin” When it comes to making a deal with Russia, Joe Biden has a problem. He wants to talk, Vladimir Putin wants Ukraine — and has massed 175,000 troops on the border to prove it. Biden has a similar problem with China and Iran….
“# Russia’s largest bank struggles to register its digital asset platform ” Sber, Russia’s largest bank, is apparently struggling to obtain a regulatory approval for its digital asset issuance platform as the company continues delaying registration plans. Sber CEO Herman Gref announced Dec. 7 that the bank now expects to get its digital asset issuance…
“#NYT downplays Steele Dossier’s impact on Trump-Russia probe” Journalists, authors and ex-White House aides took to Twitter Thursday slamming the New York Times for an explainer that downplayed the impact of the since-discredited Steele dossier on the Russia investigation into former President Donald Trump. The story, headlined, “Why the Discredited Dossier Does Not Undercut the…