CRYPTO

Authored by Nik Hoffman via BitcoinMagazine.com,

Russian President Vladimir Putin has officially signed a law that legalizes cryptocurrency mining in Russia.

According to a report by Russian news agency TASS, the law introduces several key concepts, including digital currency mining, mining pools, and mining infrastructure operators.

Mining activities are now recognized by Russia as part of turnover rather than the issuance of digital currency.

The new (more…)

Authored by Yohan Yun via CoinTelegraph.com,

Chinese investors are finding innovative ways to tap into the digital assets markets and participate in some of the year’s most profitable trends despite Beijing’s ban on cryptocurrency trading.

The government has banned crypto amid a blaze of publicity numerous times, including a 2013 ban on banks dealing in crypto, a 2017 ban on initial coin offerings and exchanges, followed by a trading and mining ban in 2021.

Despite this, accessing cryptocurrencies in the mainland isn’t that difficult, pseudonymous investor Lowell tells Magazine.

Lowell is a recent university graduate who describes herself as a full-time cryptocurrency trader. She (more…)

Morgan Stanley has officially begun pitching shares of two exchange-traded bitcoin funds – with some 15,000 financial advisors given the green light to recommend BlackRock's IShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund to clients.

That said, the firm will only allow clients with a net worth of at least $1.5 million, a high risk profile, and an interest in speculative investments to take part in the ETFs, and will only be allowed in taxable brokerage (more…)