• A bill designed to legalize the mining of cryptocurrencies will be resubmitted to Russian parliament for additional consultation. • The law aims to recognize mining as a legitimate business activity and oblige involved entities and persons to report their income to tax authorities. • Another bill is being prepared that will introduce liability for […]
• Felix Mutati, Zambia’s Minister of Technology and Science, has said that the Bank of Zambia and the country’s securities regulators are currently testing technology to regulate cryptocurrencies. • The goal is to help Zambia attain an “inclusive digital economy” and become the region’s technology hub. • The Bank of Zambia is hoping to use […]
• South Korea has imposed sanctions on North Korea for cyberattacks and cryptocurrency theft. • The sanctions target four individuals and seven entities associated with the North’s main intelligence agency, including the Lazarus Group and one of its members who is on the FBI Most Wanted list. • It is estimated that North Korean hackers […]
• Protocol Labs, the company behind the file storage blockchain network Filecoin, announced a 21% cut in staff due to “extremely challenging economic downturn” and crypto winter. • Other cryptocurrency and blockchain-focused companies have also experienced layoffs due to the current market conditions. • Filecoin’s native cryptocurrency (FIL) is ranked #35 in the crypto economy […]