RegulationsFelicia Feldt

Russia to Finally Decide on Cryptocurrency Laws
Russians living in their home country right now are pretty confused with the ever-changing laws and challenges of cryptocurrency in their country. The several illegal and legal notions will be coming to a full stop soon. Coindesk reported that according to a Russian news agency RIA, a resolution has been made between the Bank of Russia and the Finance Ministry over the content of a disagreed draft law on cryptocurrencies.…
New governor of PBOC might change Cryptocurrency Stance of China
China is currently maintaining a tough stance towards cryptocurrencies, which includes bans on crypto fiat exchanges and Initial Coin Offerings (ICOs). Even foreign cryptocurrency exchanges have been banned since last month. Cointelegraph reported that the new governor of the People’s Bank of China (PBOC), Yi Gang has been a strong supporter of Bitcoin ever since 2013. With Yi Gang unexpectedly being appointed on March 19th, it might help transition China…
President Trump Says No To Petro
Launched in February 2018, Petro is a cryptocurrency developed by the government of Venezuela. It is backed by Venezuela’s oil and mineral reserves and should hopefully help to solve the falling currency of Venezuela, the bolívar fuerte and also bypass US Sanctions in order to develop international business and international financing. According to Cointelegraph, an executive order by President of the United States Donald Trump has banned Petro. Its main…