• Alexander Zhuravlev, managing partner of the Efficient Business Resources (EBR) law firm, chairman of the commission for the legal support of the digital economy in the Moscow branch of the Russian bar association, and cofounder of the additional education program at the Russian organization of BCL, or Blockchain Lawyers (via Alexander Zhuravlev).
    Europe

    ‘If legislation does not exist, is everything permitted?’: An in-depth look at Russia’s long path to crypto legislation

    Russia has been struggling to pass comprehensive cryptocurrency reform for over two years. With the bill on crowdfunding finally set to go into effect in 2020, what’s going on with the arguably more crypto-related bill on digital financial assets?

    Russia’s path to cryptocurrency legislation been long and complex, but that’s nothing out of the ordinary for a country seems to do a lot of things the hard way.

  • Asia & Australia,  Bitcoin,  Cryptocurrencies,  Ethereum,  Europe,  Regulation,  Ripple

    BeHODL the light! Sun shines on crypto market after a stormy week

    Cryptocurrency investors survive the agony, at least for now

    Bitcoin, Ethereum, and Ripple are regaining value after a brutal week that otherwise had the cryptocurrency world begging for mercy. A major market crash slammed these currencies and the rest of the crypto market. As these big three bounce back today, relieved investors are surely interpreting it as a sign that all is well and all will be well. Within the past 24 hours, Bitcoin climbed from nearly $9,000 to more than $12,000, Ethereum is up 6.8%, and Ripple came screaming back a 30% gain. So come on in, the water’s fine. The crash has been attributed to all kinds of perceived causes, but the markets got kneecapped by three…