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CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, DEFI News

The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing regional quotas for crypto farms instead of regulating their business at the federal level.
Russian Official Proposes Regional Energy Quotas for Crypto Miners
Cryptocurrency mining needs to be regulated soon, Evgeniy Grabchak insisted during Russia’s first national conference of legal bitcoin miners, held recently in Irkutsk. The Siberian oblast, where electricity rates start at just $0.01 per kWh, has been dubbed “the mining capital of Russia” as coin minting in the region spiked after China cracked down on the industry last May. Quoted by Tass, Grabchak elaborated:
The legal vacuum makes it difficult to regulate this field and establish transparent rules of the game. It needs to be eliminated as soon as possible… We have no other options in the current reality. The legal regulation, fitting the concept of mining into the regulatory framework must be implemented.
Russia’s deputy minister of energy further suggested that it would be more expedient to determine sites for mining facilities and the available energy capacities at the regional instead of federal level. These quotas must be in compliance with the development plans of the Russian regions, other industries, and the energy system, he added.
Authorities in Irkutsk and elsewhere have previously stated their readiness to provide sites for the industrial extraction of cryptocurrencies, if the business is recognized as an entrepreneurial activity as a growing number of officials have been suggesting. Calls in that direction have been issued by the chairman of the parliamentary Financial Market Committee, Anatoly Aksakov, Deputy Prime Minister Alexander Novak, and the Governor of Irkutsk Oblast, Igor Kobzev.

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35 Comments

  1. this is first time i read about bitcoins so i did't understand all information but i maybe see another video

  2. I am a bit of skeptic, but know a lot of aspects about BTC. So, let's make few things straight – BTC is an investment asset🚀 – like gold, it's scarce, but it's easier to acquire it and big players like pay-pal and grayscale are holding it, same with a lot of banking institutions, hedge funds and masses of people. ytytSelf-host wallet btc owner whales have a hard time selling it without doing KYC and in some cases, this can wreck them financially. People lose access to their btc wallets which makes that btc frozen for all time. Шумиха и FOMO находятся на подъеме, и большинство людей покупают и hodl только с btc. Я меа

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  13. It <makes sense, BTC and crypto is off helping to regulate, rather that pretend it won't ever happen. The big institutions getting in is the catalyst that will launch us into the stratosphere. Most people don't like change but after the change is made they grow used to it and it becomes a non issue usually because their fears never materialize. And benefits they were unaware with before turn out to be far more beneficial. Few if any rug pulls. The projects that initiated the process of regulation have not been ruined, they got involved in setting guidelines and helping the regulators understand the crypto space. I’d get involved more knowing that I have made over 16` btc from day-trade with Anika Hobson Crypto in few weeks

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  19. This video is very useful and relevant, given the speed of cryptocurrency advancement. Changes in the cryptocurrency market are often invisible to ordinary people. Very helpful channel. thanks!

  20. thanks for the information, I will be very happy if you tell me more in the second episode (if it is)

  21. I believe that the inflation is already priced in crypto market since the end of last year. These manipulative rats are always 2 steps ahead of everybody because they are market makers. I hope I’m wrong and they won’t keep dumping it on retail investors as always. Those who hold the longest will profit the most, I trade and hold profits keep up the great work! and also Lei Yiming has been doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my portfolio from 1.76BTC to 8.9 BTC lately…..

  22. I am a bit of skeptic, but know a lot of aspects about BTC. So, let's make few things straight – BTC is an investment asset🚀 – like gold, it's scarce, but it's easier to acquire it and big players like pay-pal and grayscale are holding it, same with a lot of banking institutions, hedge funds and masses of people. ytytSelf-host wallet btc owner whales have a hard time selling it without doing KYC and in some cases, this can wreck them financially. People lose access to their btc wallets which makes that btc frozen for all time. The Hype and FOMO is on the rise and most people only buy and hodl with btc. I mean you have to understand that normal stock market fundamentals don't apply here. It's not a 2017 – 2018 scenario. The regulation added to BTC can actually even make it more desirable(although have a minus). Basically, anything that could stop the mooning of btc imo would be extreme regulation restrictions and also better investment opportunities discovered by btc owners. However , it’s is best advice you find a working strategy/daily signals that works well in other to accumulate and grow a very strong portfolio ahead. I have been trading with Mr Brown Harris Stevens daily signals and strategy, him guidance makes trading less stressful and more profit despite the recent fluctuations. I was able to easily increase my portfolio in just 4weeks of trading with Brown Harris Stevens daily signals growing 0.5 BTC to 1.2 BTC. His daily signals are very accurate and yields a great positive return on investment and is available to give assistance to anyone who love crypto trading, you can contact him on Telegram @ BhariSteve ** for inquires and profitable trading systems> ..

  23. Parliament Member Says 1% TDS Will Kill Crypto Asset Class in India, Urges Government to Reconsider

  24. The prices of <Bitcoin, Ethereum, and Dogecoin have collapsed in recent months, but they've recently started to recover. As a trader, i have been able to understand that there are two sides when it comes to crypto and everyone has their opinions when it comes to choosing sides, though i am not kicking against Hodl, but i see it as an old and odd strategy to make profit of the market as when the market goes bearish investors/traders loses their investment which is always painful. So choosing the right strategy is very important when diving into Crypto, in other words it is important to have a plan! Bitcoin trading is a lucrative opportunity as it leverages the market volatility, I have been able to make 9 BTC in just 3 months of trading all thanks to exclusive signals from Stafford Nick, an expert trader that is always one step ahead.

  25. The <Bitcoin price has completed several bullish movements over the past week that may confirm a new bullish expansion phase which is about to begin . Eyes are still on what happens above the current local highs, not below, even as BTC price action is up 6% in a week. We cannot predict bottoms, but it was obvious things were getting ready to go down. Why are people JUST NOW realizing the market is bearish? Extremely bearish. Point is, be patient, and just trade to build capital for when we do bottom. Don’t let these institutions destroy you. And my advice, don’t spread yourself thin with too many coins. Market moves as a whole right now, red days mean red days for almost everything, Green Days will be the same. Paper gains and losses are normal throughout the investing cycle. Continue to invest and trade, don’t panic.’. Still love the trading techniques and advice . Digital currencies continue to reshape the world globally. It's hard for anyone who is against it right now. But from a trader's point of view, I think we really need more experts in this field to give newbies a sense of how the community works. I was able to easily increase my portfolio in just trading with Nathan Christopher daily signals growing 0.5 BTC to 1.1 BTC. His daily signals are very accurate and yields a great positive return on investment and is available to give assistance to anyone who love crypto trading, you can contact him for inquires and profitable trading systems on Telegram @CNfx01 ** for any crypto related issues .stayhome.

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