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Crypto investment fund executive sentenced to 3 years in $55 million fraud schemeLilian Nurieva, former cyber chief of Russian crypto investment fund Finiko, has been sentenced to three years in prison for defrauding private investors and participating in an organized crime group. The federal Investor and Shareholder Rights Defense Fund considers the $55 million pyramid scheme the second-largest financial scam in Russia's post-Soviet history. Crypto investment fund turns into a Ponzi scheme Since 2021, Russian official agencies have begun investigating Finiko, which was labeled as a "crypto investment fund", for suspected fraud and involvement in organized criminal activities. The results of the investigation showed that Finiko actually operated a Ponzi scheme and illegally obtained huge amounts of investors' funds.

Crypto investment fund executive sentenced to 3 years in $55 million fraud scheme

Lilian Nurieva, former cyber chief of Russian crypto investment fund Finiko, has been sentenced to three years in prison for defrauding private investors and participating in an organized crime group.

The federal Investor and Shareholder Rights Defense Fund considers the $55 million pyramid scheme the second-largest financial scam in Russia's post-Soviet history.
Crypto investment fund turns into a Ponzi scheme
Since 2021, Russian official agencies have begun investigating Finiko, which was labeled as a "crypto investment fund", for suspected fraud and involvement in organized criminal activities. The results of the investigation showed that Finiko actually operated a Ponzi scheme and illegally obtained huge amounts of investors' funds.
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Under sanctions pressure, Russia will provide freedom for domestic cryptocurrency transactionsIn an innovative move to address economic challenges posed by international sanctions, Russia’s central bank plans to officially launch a service by the end of the year that will allow international cryptocurrency payments to circumvent sanctions-induced transaction barriers. Russia is moving quickly to legislate to legalize cryptocurrency payments, according to Bloomberg, a strategy aimed at mitigating growing challenges for Russian businesses in international payments posed by U.S. sanctions over the war in Ukraine. This new approach will allow Russian businesses to gain greater freedom in their financial operations, while also opening up new possibilities for the global adoption of cryptocurrencies.

Under sanctions pressure, Russia will provide freedom for domestic cryptocurrency transactions

In an innovative move to address economic challenges posed by international sanctions, Russia’s central bank plans to officially launch a service by the end of the year that will allow international cryptocurrency payments to circumvent sanctions-induced transaction barriers.
Russia is moving quickly to legislate to legalize cryptocurrency payments, according to Bloomberg, a strategy aimed at mitigating growing challenges for Russian businesses in international payments posed by U.S. sanctions over the war in Ukraine.
This new approach will allow Russian businesses to gain greater freedom in their financial operations, while also opening up new possibilities for the global adoption of cryptocurrencies.
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[Breaking news in the cryptocurrency world! Russia will accept Bitcoin in international trade on September 1, and cryptocurrency will enter a new era of legal status. BTC liquidity will soar, and price surges are just around the corner! ] Russia is about to open a historic scene in the golden autumn of September, officially announcing that Bitcoin and a number of cryptocurrencies will be included in the international trade settlement system. This move is tantamount to putting a nationally recognized invisible cloak on Bitcoin. Although it is not directly declared as legal tender, it actually greatly enhances the legitimacy and convenience of its global circulation This milestone decision will undoubtedly push Bitcoin's liquidity to a new height. With the surge in demand, BTC prices are rising like a rainbow. The cryptocurrency feast is about to begin. Investors, please fasten your seat belts and go to this wealth feast together! #BTC走势预测 #俄罗斯加密货币法案 #俄罗斯
[Breaking news in the cryptocurrency world! Russia will accept Bitcoin in international trade on September 1, and cryptocurrency will enter a new era of legal status. BTC liquidity will soar, and price surges are just around the corner! ]

Russia is about to open a historic scene in the golden autumn of September, officially announcing that Bitcoin and a number of cryptocurrencies will be included in the international trade settlement system. This move is tantamount to putting a nationally recognized invisible cloak on Bitcoin. Although it is not directly declared as legal tender, it actually greatly enhances the legitimacy and convenience of its global circulation

This milestone decision will undoubtedly push Bitcoin's liquidity to a new height. With the surge in demand, BTC prices are rising like a rainbow. The cryptocurrency feast is about to begin. Investors, please fasten your seat belts and go to this wealth feast together!
#BTC走势预测
#俄罗斯加密货币法案
#俄罗斯
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$BTC Breaking news❗️ Putin’s big deal! Russia leads the way in Bitcoin mining, and new laws will help it continue to lead! Putin: Russia leads the way in Bitcoin mining On September 10, Russian President Putin delivered a speech at the Eastern Economic Forum and announced an eye-catching news: Russia has become one of the global leaders in Bitcoin mining. This status is achieved thanks to the abundant excess energy in regions such as Siberia, which provides unique conditions for Bitcoin mining. However, while affirming this achievement, Putin also issued a warning. He emphasized that although Bitcoin mining brings significant tax benefits to Russia, these activities should not hinder other development processes in the region. This means that while Russia is enjoying the economic dividends brought by Bitcoin mining, it must also ensure its sustainable development and diversification. Previously, a report by Sergey Bezdlov, Chairman of the Industrial Mining Association, revealed Russia’s specific achievements in the field of Bitcoin mining. According to reports, Russia produced 54,000 Bitcoins in 2023. This number not only demonstrates its strength in the field, but also brought more than $550 million in tax revenue to the country. It is worth mentioning that in order to further regulate and promote the development of this industry, Putin signed an important law on August 8, officially legalizing cryptocurrency mining activities in Russia. This move undoubtedly provides a solid legal guarantee for Russia’s continued leadership in the field of Bitcoin mining. #俄罗斯 #普京签署法律使俄罗斯加密货币挖矿合法化 #美联储何时降息? #BTC走势分析 #美国大选如何影响加密产业? {spot}(BTCUSDT)
$BTC

Breaking news❗️

Putin’s big deal!

Russia leads the way in Bitcoin mining, and new laws will help it continue to lead!

Putin: Russia leads the way in Bitcoin mining

On September 10, Russian President Putin delivered a speech at the Eastern Economic Forum and announced an eye-catching news:

Russia has become one of the global leaders in Bitcoin mining.

This status is achieved thanks to the abundant excess energy in regions such as Siberia, which provides unique conditions for Bitcoin mining.

However, while affirming this achievement, Putin also issued a warning. He emphasized that although Bitcoin mining brings significant tax benefits to Russia, these activities should not hinder other development processes in the region.

This means that while Russia is enjoying the economic dividends brought by Bitcoin mining, it must also ensure its sustainable development and diversification.

Previously, a report by Sergey Bezdlov, Chairman of the Industrial Mining Association, revealed Russia’s specific achievements in the field of Bitcoin mining.

According to reports, Russia produced 54,000 Bitcoins in 2023. This number not only demonstrates its strength in the field, but also brought more than $550 million in tax revenue to the country.

It is worth mentioning that in order to further regulate and promote the development of this industry, Putin signed an important law on August 8, officially legalizing cryptocurrency mining activities in Russia.

This move undoubtedly provides a solid legal guarantee for Russia’s continued leadership in the field of Bitcoin mining.

#俄罗斯
#普京签署法律使俄罗斯加密货币挖矿合法化
#美联储何时降息?
#BTC走势分析
#美国大选如何影响加密产业?
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🌐 Russian cryptocurrency experiment: an attempt to break US sanctions? 🚫 Faced with the pressure of sanctions from the United States, Russia is now going to take real action! They plan to launch a cryptocurrency payment experiment and start trialing a digital token system for cryptocurrency transactions and cross-border transactions. This is a bold attempt. 🔍 Starting next month, on September 1, the Russian government will begin trying to use digital tokens for transactions and cross-border payments. According to Bloomberg, this move is to help local companies that have headaches in international payments find a way out. 🤔 Think about it, since the United States imposed a tougher trade embargo on Russia in June, it has become increasingly difficult for Russian companies to deal with foreign banks. Now, the Russian parliament passed a new bill in July to legalize cryptocurrency mining, and plans to test these digital tokens under the nose of the central bank. 👀 Looking back at 2022, the Russian Central Bank was still thinking about a complete ban on digital assets. Now its attitude has changed 180 degrees and it has begun to explore how to legalize these things. Russian Finance Minister Anton Siluanov has said that they are looking for ways to legalize exchanges, although they have not yet found a perfect solution. 🏦 In addition, the Russian Central Bank has set its sights on the National Payment Card System (NPCS) and plans to use this system for experiments. This system has been operating Mir cards and instant interbank payment systems since 2014, and is also regulated by the Russian Central Bank. It is the perfect choice for the first official cryptocurrency exchange test. 🚀 If this experiment is successful, the Moscow Exchange and the St. Petersburg Currency Exchange may be able to launch official cryptocurrency platforms next year. Imagine that this may greatly expand the scope of electronic financial transactions in Russia, and also set a precedent for the trial of global digital currency transactions! Do you think that this move by Russia can help them break the shackles of sanctions? Can cryptocurrency really become a new international payment tool? Share your thoughts in the comments! #俄罗斯 #加密货币试验 #国际制裁
🌐 Russian cryptocurrency experiment: an attempt to break US sanctions?

🚫 Faced with the pressure of sanctions from the United States, Russia is now going to take real action! They plan to launch a cryptocurrency payment experiment and start trialing a digital token system for cryptocurrency transactions and cross-border transactions. This is a bold attempt.

🔍 Starting next month, on September 1, the Russian government will begin trying to use digital tokens for transactions and cross-border payments. According to Bloomberg, this move is to help local companies that have headaches in international payments find a way out.

🤔 Think about it, since the United States imposed a tougher trade embargo on Russia in June, it has become increasingly difficult for Russian companies to deal with foreign banks. Now, the Russian parliament passed a new bill in July to legalize cryptocurrency mining, and plans to test these digital tokens under the nose of the central bank.

👀 Looking back at 2022, the Russian Central Bank was still thinking about a complete ban on digital assets. Now its attitude has changed 180 degrees and it has begun to explore how to legalize these things. Russian Finance Minister Anton Siluanov has said that they are looking for ways to legalize exchanges, although they have not yet found a perfect solution.

🏦 In addition, the Russian Central Bank has set its sights on the National Payment Card System (NPCS) and plans to use this system for experiments. This system has been operating Mir cards and instant interbank payment systems since 2014, and is also regulated by the Russian Central Bank. It is the perfect choice for the first official cryptocurrency exchange test.

🚀 If this experiment is successful, the Moscow Exchange and the St. Petersburg Currency Exchange may be able to launch official cryptocurrency platforms next year. Imagine that this may greatly expand the scope of electronic financial transactions in Russia, and also set a precedent for the trial of global digital currency transactions!

Do you think that this move by Russia can help them break the shackles of sanctions? Can cryptocurrency really become a new international payment tool? Share your thoughts in the comments!

#俄罗斯 #加密货币试验 #国际制裁
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🌟 Russian industrial giants quietly mined $3 billion worth of Bitcoin, but is legal regulation still a challenge? 🏭️ Russia's cryptocurrency mining industry is booming! As of last year, the country's industrial miners have mined about 54,000 Bitcoins, with a total value of up to $3 billion. Russia is consolidating its position as the world's second largest cryptocurrency mining country after the United States. 🔍 There are several reasons behind Russia's mining boom. First, Russia's low electricity costs are very attractive to miners looking to maximize profits. In addition, Russia's vast territory and cold climate also help reduce the cooling costs of mining machines. According to analysis, more than 95% of Russian miners are focused on Bitcoin mining. 🏛️ Although Russia's regulatory policy is still unclear, Russian President Putin recently signed a law officially allowing cryptocurrency mining. The law provides a clearer definition for this emerging industry and clarifies the rights and obligations of miners. While individual miners can mine without registration, large-scale mining farms will face stricter regulation. 🌐 The Financial Action Task Force (FATF) has expressed concerns about Russia's failure to meet international anti-money laundering standards, which could affect Russia's position in the global cryptocurrency market. Despite the government's efforts to regulate, how to find a balance between growth and control remains a challenge. 🚀 Looking ahead, experts predict that Russia's cryptocurrency mining industry could grow by 20% to 40% by 2024. This optimism stems from the continued demand for Bitcoin and advances in mining technology. However, the industry must deal with an evolving regulatory environment. 🤔 The future of cryptocurrency mining in Russia is full of uncertainty as the government considers new regulations. While an open mining policy heralds great growth potential, the risk of over-regulation could also limit the industry's potential development. 💬 What do you think about the future development of Russia's cryptocurrency mining industry? How do you think the government can find a balance between regulation and innovation? Leave your views in the comments section! #俄罗斯 #比特币挖矿 #加密货币 #监管环境 #市场动态
🌟 Russian industrial giants quietly mined $3 billion worth of Bitcoin, but is legal regulation still a challenge?

🏭️ Russia's cryptocurrency mining industry is booming! As of last year, the country's industrial miners have mined about 54,000 Bitcoins, with a total value of up to $3 billion. Russia is consolidating its position as the world's second largest cryptocurrency mining country after the United States.

🔍 There are several reasons behind Russia's mining boom. First, Russia's low electricity costs are very attractive to miners looking to maximize profits. In addition, Russia's vast territory and cold climate also help reduce the cooling costs of mining machines. According to analysis, more than 95% of Russian miners are focused on Bitcoin mining.

🏛️ Although Russia's regulatory policy is still unclear, Russian President Putin recently signed a law officially allowing cryptocurrency mining. The law provides a clearer definition for this emerging industry and clarifies the rights and obligations of miners. While individual miners can mine without registration, large-scale mining farms will face stricter regulation.

🌐 The Financial Action Task Force (FATF) has expressed concerns about Russia's failure to meet international anti-money laundering standards, which could affect Russia's position in the global cryptocurrency market. Despite the government's efforts to regulate, how to find a balance between growth and control remains a challenge.

🚀 Looking ahead, experts predict that Russia's cryptocurrency mining industry could grow by 20% to 40% by 2024. This optimism stems from the continued demand for Bitcoin and advances in mining technology. However, the industry must deal with an evolving regulatory environment.

🤔 The future of cryptocurrency mining in Russia is full of uncertainty as the government considers new regulations. While an open mining policy heralds great growth potential, the risk of over-regulation could also limit the industry's potential development.

💬 What do you think about the future development of Russia's cryptocurrency mining industry? How do you think the government can find a balance between regulation and innovation? Leave your views in the comments section!

#俄罗斯 #比特币挖矿 #加密货币 #监管环境 #市场动态
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Russia considers permanent legalization of stablecoins to facilitate cross-border paymentsThe Russian government is considering regulating the entire circulation process of stablecoins, including the domestic transfer, accumulation and use of these assets in cross-border payments. The Russian government is considering officially legalizing stablecoins for international transactions in order to simplify cross-border payments for Russian businesses amid ongoing sanctions, Izvestia reported July 3, citing the Russian Central Bank. It is reported that the Central Bank of the Russian Federation is actively evaluating a proposal to allow the use of crypto assets pegged to stable value assets such as the US dollar or gold, which have relatively low volatility and are more stable than other cryptocurrencies.

Russia considers permanent legalization of stablecoins to facilitate cross-border payments

The Russian government is considering regulating the entire circulation process of stablecoins, including the domestic transfer, accumulation and use of these assets in cross-border payments.
The Russian government is considering officially legalizing stablecoins for international transactions in order to simplify cross-border payments for Russian businesses amid ongoing sanctions, Izvestia reported July 3, citing the Russian Central Bank.
It is reported that the Central Bank of the Russian Federation is actively evaluating a proposal to allow the use of crypto assets pegged to stable value assets such as the US dollar or gold, which have relatively low volatility and are more stable than other cryptocurrencies.
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Putin declares: No one can ban Bitcoin, is Russia accelerating its embrace of the crypto era?!Mlion's friends, have you heard? Russian President Putin publicly stated at the investment forum that the development of Bitcoin and other cryptocurrencies is unstoppable, and no one can ban it! Doesn't this news instantly lift your spirits? Come, come, let's see what exactly is going on! Imagine this, Emperor Putin stands at the investment forum in Moscow, facing numerous financial tycoons, and emphatically declares: 'Bitcoin, who can ban it? No one can ban it!' Isn't this powerful statement making you feel pumped up? 🔥

Putin declares: No one can ban Bitcoin, is Russia accelerating its embrace of the crypto era?!

Mlion's friends, have you heard? Russian President Putin publicly stated at the investment forum that the development of Bitcoin and other cryptocurrencies is unstoppable, and no one can ban it! Doesn't this news instantly lift your spirits? Come, come, let's see what exactly is going on!
Imagine this, Emperor Putin stands at the investment forum in Moscow, facing numerous financial tycoons, and emphatically declares: 'Bitcoin, who can ban it? No one can ban it!' Isn't this powerful statement making you feel pumped up? 🔥
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🌐 Japan and Russia Currently Do Not Consider Establishing National Bitcoin Reserves Recently, new international developments show that both Japan and Russia have stated that they have no plans to establish national Bitcoin reserves. The strategy of continued observation chosen by both countries is aimed at examining the subsequent actions of other countries, particularly the United States. In Japan, a legislator has suggested that the government should learn from the United States and consider starting to reserve Bitcoin. However, Prime Minister Shigeru Ishiba's office responded that they are still unclear about the specific movements of the United States and other countries and regions, making it difficult to express a stance at this time. Moreover, Japan’s current laws do not allow the government to hold cryptocurrencies. Ishiba has previously taken a cautious stance on cryptocurrencies, indicating that the Japanese government remains conservative in this regard. On the Russian side, Finance Minister Anton Siluanov also stated that although Bitcoin has risen rapidly this year, its unpredictability makes the government unwilling to take risks. He emphasized that the state will not bear such financial risks and would rather earn less than take a gamble. Meanwhile, countries like the United States and Brazil are actively exploring the possibility of using Bitcoin as a national reserve asset. It seems that global attitudes toward cryptocurrencies are becoming increasingly polarized. 🗣 Conclusion: Although Japan and Russia currently have no plans to establish national Bitcoin reserves, they are not completely closed off to the cryptocurrency field. Since 2017, Japan has officially recognized cryptocurrencies as legal payment methods and established a dedicated regulatory body to ensure the healthy development of the market. Russia, on the other hand, has also granted legal status to cryptocurrency mining, and Russian companies have begun using Bitcoin and other digital currencies in international payments. These measures indicate that while both countries are cautious about Bitcoin reserves on a national level, they have already recognized and integrated into the development trend of cryptocurrencies in other aspects. This strategy may be motivated by considerations of the high volatility and regulatory uncertainty of the cryptocurrency market, as well as the desire to observe the policy effects of other countries before making more prudent decisions. In summary, although Japan and Russia are currently taking a wait-and-see approach, the competitive trend of cryptocurrencies on a global scale has just begun to unfold, and we look forward to seeing what happens next! #BitcoinReserve #Japan #俄罗斯
🌐 Japan and Russia Currently Do Not Consider Establishing National Bitcoin Reserves

Recently, new international developments show that both Japan and Russia have stated that they have no plans to establish national Bitcoin reserves. The strategy of continued observation chosen by both countries is aimed at examining the subsequent actions of other countries, particularly the United States.
In Japan, a legislator has suggested that the government should learn from the United States and consider starting to reserve Bitcoin. However, Prime Minister Shigeru Ishiba's office responded that they are still unclear about the specific movements of the United States and other countries and regions, making it difficult to express a stance at this time. Moreover, Japan’s current laws do not allow the government to hold cryptocurrencies. Ishiba has previously taken a cautious stance on cryptocurrencies, indicating that the Japanese government remains conservative in this regard.
On the Russian side, Finance Minister Anton Siluanov also stated that although Bitcoin has risen rapidly this year, its unpredictability makes the government unwilling to take risks. He emphasized that the state will not bear such financial risks and would rather earn less than take a gamble.
Meanwhile, countries like the United States and Brazil are actively exploring the possibility of using Bitcoin as a national reserve asset. It seems that global attitudes toward cryptocurrencies are becoming increasingly polarized.
🗣 Conclusion:
Although Japan and Russia currently have no plans to establish national Bitcoin reserves, they are not completely closed off to the cryptocurrency field. Since 2017, Japan has officially recognized cryptocurrencies as legal payment methods and established a dedicated regulatory body to ensure the healthy development of the market. Russia, on the other hand, has also granted legal status to cryptocurrency mining, and Russian companies have begun using Bitcoin and other digital currencies in international payments.
These measures indicate that while both countries are cautious about Bitcoin reserves on a national level, they have already recognized and integrated into the development trend of cryptocurrencies in other aspects. This strategy may be motivated by considerations of the high volatility and regulatory uncertainty of the cryptocurrency market, as well as the desire to observe the policy effects of other countries before making more prudent decisions.
In summary, although Japan and Russia are currently taking a wait-and-see approach, the competitive trend of cryptocurrencies on a global scale has just begun to unfold, and we look forward to seeing what happens next!
#BitcoinReserve #Japan #俄罗斯
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Animoca Brands officially confirmed that the account of Lianchuang Yat Siu X was stolen and reminded users not to interact with it PENGU's market value is close to 2.4 billion US dollars, surpassing TIA, and currently ranks 63rd The Japanese government officially responded to the Bitcoin reserve plan: the volatility of crypto assets does not conform to the current foreign exchange reserve system USDC issued 50 million USDC on the Ethereum chain Swell: Nearly 250 million US dollars have been bridged to Swellchain BIO Protocol community launched a proposal to "cross-chain BIO to Solana network" Two whales withdrew a total of 550,000 PENDLE from Binance in the past 15 hours, and hoarded 1.76 million PENDLE in the past 7 days Molecule is using its BIO allocation to airdrop to RIF and URO holders Pump: Only tokens in non-custodial wallets will be counted in the airdrop Russian Finance Minister: Russia is using Bitcoin in foreign trade DWF Labs Lianchuang: Ai, DeSci, anti-quantum, meme, etc. will be 2025 Key narratives of the year BlackRock: Compared with launching a new Sansacoin ETF, it is more concerned about providing BTC and ETH ETFs Six Bitcoin mutual funds will be listed in Israel next week Nvidia has "attracted" nearly $30 billion this year, replacing Tesla as the stock with the largest net purchase volume by retail investors Huang Licheng transferred 250,000 CREAM to Binance 3 hours ago, worth $4.05 million #币圈 #俄罗斯 #Swell #PENDLE #dwf
Animoca Brands officially confirmed that the account of Lianchuang Yat Siu X was stolen and reminded users not to interact with it

PENGU's market value is close to 2.4 billion US dollars, surpassing TIA, and currently ranks 63rd

The Japanese government officially responded to the Bitcoin reserve plan: the volatility of crypto assets does not conform to the current foreign exchange reserve system

USDC issued 50 million USDC on the Ethereum chain

Swell: Nearly 250 million US dollars have been bridged to Swellchain

BIO Protocol community launched a proposal to "cross-chain BIO to Solana network"

Two whales withdrew a total of 550,000 PENDLE from Binance in the past 15 hours, and hoarded 1.76 million PENDLE in the past 7 days

Molecule is using its BIO allocation to airdrop to RIF and URO holders

Pump: Only tokens in non-custodial wallets will be counted in the airdrop

Russian Finance Minister: Russia is using Bitcoin in foreign trade

DWF Labs Lianchuang: Ai, DeSci, anti-quantum, meme, etc. will be 2025 Key narratives of the year

BlackRock: Compared with launching a new Sansacoin ETF, it is more concerned about providing BTC and ETH ETFs

Six Bitcoin mutual funds will be listed in Israel next week

Nvidia has "attracted" nearly $30 billion this year, replacing Tesla as the stock with the largest net purchase volume by retail investors

Huang Licheng transferred 250,000 CREAM to Binance 3 hours ago, worth $4.05 million
#币圈 #俄罗斯 #Swell #PENDLE #dwf
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From rejection to embrace: What is driving the legalization of crypto mining in Russia?After the 805 coin crisis, the crypto market was shrouded in dark clouds: the price of Bitcoin plummeted from more than $70,000 at the end of July to below the $50,000 mark. The panic and greed index even dropped to 17 at one point, and the level turned from fear to extreme fear. People once doubted, "Is the bull still there?" However, starting from August 8, the crypto market seemed to have a spring breeze overnight, and cryptocurrencies generally rose. In the early morning of August 9, Bitcoin even reached $62,394.50, up 25.33% from the low of $49,781.93. The reason for the rebound in the crypto market is that one of the major factors is closely related to Russia's newly adopted mining legalization policy.

From rejection to embrace: What is driving the legalization of crypto mining in Russia?

After the 805 coin crisis, the crypto market was shrouded in dark clouds: the price of Bitcoin plummeted from more than $70,000 at the end of July to below the $50,000 mark. The panic and greed index even dropped to 17 at one point, and the level turned from fear to extreme fear. People once doubted, "Is the bull still there?"
However, starting from August 8, the crypto market seemed to have a spring breeze overnight, and cryptocurrencies generally rose. In the early morning of August 9, Bitcoin even reached $62,394.50, up 25.33% from the low of $49,781.93. The reason for the rebound in the crypto market is that one of the major factors is closely related to Russia's newly adopted mining legalization policy.
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What does raising interest rates in Russia to 200 basis points mean? On October 25, according to China Central Television news, the Central Bank of Russia raised interest rates by 200 basis points, increasing the key rate from 19% to 21%. On July 26, the Central Bank of Russia raised interest rates by 200 basis points, with the benchmark rate increasing from 16% to 18%, in line with market expectations. On September 13, the Central Bank of Russia announced a 100 basis point increase in interest rates, raising the key rate from 18% to 19%. The Central Bank of Russia stated that inflationary pressures remain high, and in July predicted that this year's inflation rate would be between 6.5% and 7.0%, but the actual situation may exceed this forecast. The growth of domestic demand in Russia continues to far exceed the ability to supply goods and services. To reduce inflation expectations and ensure that the inflation rate returns to target levels by 2025, the Central Bank of Russia needs to take additional monetary tightening measures. The Central Bank of Russia does not rule out the possibility of further raising the key rate. #热门事件 #俄罗斯 #加息 #BitcoinOneMillionDollars #meme#eth#sol #doge
What does raising interest rates in Russia to 200 basis points mean?

On October 25, according to China Central Television news, the Central Bank of Russia raised interest rates by 200 basis points, increasing the key rate from 19% to 21%.

On July 26, the Central Bank of Russia raised interest rates by 200 basis points, with the benchmark rate increasing from 16% to 18%, in line with market expectations.

On September 13, the Central Bank of Russia announced a 100 basis point increase in interest rates, raising the key rate from 18% to 19%.

The Central Bank of Russia stated that inflationary pressures remain high, and in July predicted that this year's inflation rate would be between 6.5% and 7.0%, but the actual situation may exceed this forecast.

The growth of domestic demand in Russia continues to far exceed the ability to supply goods and services.

To reduce inflation expectations and ensure that the inflation rate returns to target levels by 2025, the Central Bank of Russia needs to take additional monetary tightening measures. The Central Bank of Russia does not rule out the possibility of further raising the key rate.
#热门事件 #俄罗斯
#加息
#BitcoinOneMillionDollars
#meme#eth#sol
#doge
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🇷🇺 Russia's "Crypto Queen" Faces $22 Million Fraud Charges, Potential Links to Military Actions in Ukraine! 🚨 Russia's "Crypto Queen", also known as Bitmama's Valeria Fedyakina, is now in serious trouble. She is accused of defrauding investors of up to $22 million, and it is said that this money was used to support military actions in Ukraine, complicating her situation further. The 24-year-old internet celebrity is under investigation and has been arrested due to numerous complaints, with some victims claiming to have lost huge sums, one of whom alleges to have been defrauded of $74 million. However, the officially confirmed cases show that at least four victims suffered losses exceeding $22 million. Investigators claim that Fedyakina pretended to be a cryptocurrency expert, claiming to have offices in multiple cities around the world, and convinced investors to give her money, promising high returns from investments in cryptocurrency businesses. She also promised a 1% return on funds and that they would be converted into cryptocurrency. But things are not that simple; investigations revealed that she used a large sum of money to support the Ukrainian military, claiming it was to counter Russian aggression. Despite facing serious charges, her defense team denies the fraud allegations, claiming she is a victim of a larger conspiracy. Before her arrest, Fedyakina attempted to flee to the UAE unsuccessfully. However, after news about her being six months pregnant emerged, it attracted media attention, and authorities had to temporarily impose a more lenient house arrest on her. Nevertheless, shortly after giving birth, she was sent back to detention. The case is currently being tried, and if convicted, she may face 10 years in prison. Meanwhile, prosecutors are expected to formally charge her in November with aiding illegal cryptocurrency transactions and orchestrating multiple fraud cases. In summary, the Bitmama case serves as a reminder that behind the glamor of cryptocurrency, risks and challenges lurk. As the case progresses, it may become a turning point for the country to strengthen regulations and protect investors. In the end, let's look forward to a safer and more transparent financial future. 💬 What do you think about this case of the "Crypto Queen"? Is she a fraudster, or is she, as her defense team claims, a victim of a larger conspiracy? #加密货币女王 #俄罗斯 #加密货币欺诈 #加密货币监管
🇷🇺 Russia's "Crypto Queen" Faces $22 Million Fraud Charges, Potential Links to Military Actions in Ukraine! 🚨

Russia's "Crypto Queen", also known as Bitmama's Valeria Fedyakina, is now in serious trouble. She is accused of defrauding investors of up to $22 million, and it is said that this money was used to support military actions in Ukraine, complicating her situation further.

The 24-year-old internet celebrity is under investigation and has been arrested due to numerous complaints, with some victims claiming to have lost huge sums, one of whom alleges to have been defrauded of $74 million. However, the officially confirmed cases show that at least four victims suffered losses exceeding $22 million.

Investigators claim that Fedyakina pretended to be a cryptocurrency expert, claiming to have offices in multiple cities around the world, and convinced investors to give her money, promising high returns from investments in cryptocurrency businesses. She also promised a 1% return on funds and that they would be converted into cryptocurrency.

But things are not that simple; investigations revealed that she used a large sum of money to support the Ukrainian military, claiming it was to counter Russian aggression. Despite facing serious charges, her defense team denies the fraud allegations, claiming she is a victim of a larger conspiracy.

Before her arrest, Fedyakina attempted to flee to the UAE unsuccessfully. However, after news about her being six months pregnant emerged, it attracted media attention, and authorities had to temporarily impose a more lenient house arrest on her. Nevertheless, shortly after giving birth, she was sent back to detention.

The case is currently being tried, and if convicted, she may face 10 years in prison. Meanwhile, prosecutors are expected to formally charge her in November with aiding illegal cryptocurrency transactions and orchestrating multiple fraud cases.

In summary, the Bitmama case serves as a reminder that behind the glamor of cryptocurrency, risks and challenges lurk. As the case progresses, it may become a turning point for the country to strengthen regulations and protect investors. In the end, let's look forward to a safer and more transparent financial future.

💬 What do you think about this case of the "Crypto Queen"? Is she a fraudster, or is she, as her defense team claims, a victim of a larger conspiracy?

#加密货币女王 #俄罗斯 #加密货币欺诈 #加密货币监管
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Did the war push up Bitcoin? The main market makers revealed their manipulations, and the truth behind it shocked the world!As Iran continues to act ruthlessly, Russia urgently evacuates 180,000 citizens. As the global situation becomes more turbulent, especially the recent war between Russia and Ukraine and the conflict between Israel and Palestine, the price of Bitcoin has also fluctuated. Although Bitcoin, as a decentralized cryptocurrency, was originally designed to break away from the influence of traditional finance and geopolitical factors, the reality shows that Bitcoin's market performance is increasingly affected by global events. Especially when war breaks out, Bitcoin's role as a "safe-haven asset" begins to emerge, while also showing a complex relationship with traditional markets.

Did the war push up Bitcoin? The main market makers revealed their manipulations, and the truth behind it shocked the world!

As Iran continues to act ruthlessly, Russia urgently evacuates 180,000 citizens.

As the global situation becomes more turbulent, especially the recent war between Russia and Ukraine and the conflict between Israel and Palestine, the price of Bitcoin has also fluctuated.

Although Bitcoin, as a decentralized cryptocurrency, was originally designed to break away from the influence of traditional finance and geopolitical factors, the reality shows that Bitcoin's market performance is increasingly affected by global events.

Especially when war breaks out, Bitcoin's role as a "safe-haven asset" begins to emerge, while also showing a complex relationship with traditional markets.
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20240823 Market Interpretation 1: #BTC Yesterday, the price of Bitcoin reached a high of 61800 and then fell back. It fell to a low of 59700 and then rebounded. So far, it has rebounded to 61200. Bitcoin is still fluctuating in the range and still has no direction. Short-term pressure: 61800, support: 60000 2: #ETH Ethereum rushed to 2660 yesterday and then began to fall back, falling to 2580 and then rebounding. The current rebound high hit 2690 and is still grinding at 2680. Today, the trend of Ethereum is a little stronger than that of Bitcoin. ETH short-term support: 2580, pressure: 2700 3: Important notice, #美联储 Chairman Powell will give a speech on economic prospects at the annual meeting at 10 o'clock tonight 4: #俄罗斯 will launch two cryptocurrency exchanges and stablecoins linked to the RMB and BRICS currencies 5: It is rumored that #币安 founder CZ may face new lawsuits and is still detained in the United States 6: Forrest Gump Community K-line teaching is about to start. If you want to learn, follow the homepage on Twitter and contact the assistant for detailed communication Follow me so that I won't get lost, share the market every day, and share consultation
20240823 Market Interpretation

1: #BTC Yesterday, the price of Bitcoin reached a high of 61800 and then fell back. It fell to a low of 59700 and then rebounded. So far, it has rebounded to 61200. Bitcoin is still fluctuating in the range and still has no direction. Short-term pressure: 61800, support: 60000

2: #ETH Ethereum rushed to 2660 yesterday and then began to fall back, falling to 2580 and then rebounding. The current rebound high hit 2690 and is still grinding at 2680. Today, the trend of Ethereum is a little stronger than that of Bitcoin. ETH short-term support: 2580, pressure: 2700

3: Important notice, #美联储 Chairman Powell will give a speech on economic prospects at the annual meeting at 10 o'clock tonight

4: #俄罗斯 will launch two cryptocurrency exchanges and stablecoins linked to the RMB and BRICS currencies

5: It is rumored that #币安 founder CZ may face new lawsuits and is still detained in the United States

6: Forrest Gump Community K-line teaching is about to start. If you want to learn, follow the homepage on Twitter and contact the assistant for detailed communication

Follow me so that I won't get lost, share the market every day, and share consultation
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Recently, Ukraine successfully invaded the territory of Great Russia, and Zelensky "successfully turned the tables." But what impact will it have on our digital currency? When geopolitical tensions between Ukraine and Russia escalate, even the digital currency market has to sit on a roller coaster and experience a thrilling journey. Imagine that Bitcoin and Ethereum are like the crowd watching a play, munching on popcorn while witnessing the latest developments in international news. With the release of each news, they either rise and fall or suddenly soar. First, everyone may start to think that when tensions occur in a corner of the world, digital currencies may be a safe haven, just like the heroes in the movie always find a safe haven. However, the price reaction of Bitcoin is: Oops, the situation is not very good, maybe I should "play dead" with gold! At the same time, due to possible economic sanctions and uncertainty in the banking system, some investors may turn to cryptocurrencies as alternative assets, hoping to find a ray of hope in this digital "hide and seek" game. At this time, Ethereum is laughing in the corner. After all, more people using blockchain means more attention and possible appreciation. Finally, don’t forget the daredevils who are sitting in the front row of the cryptocurrency roller coaster, who are probably thinking, “Wow, this geopolitical drama is more exciting than my simulated trading!” So, while tensions between Ukraine and Russia may cause shocks to financial markets in the short term, for those cryptocurrency players who are looking for excitement and opportunities, it’s just another day at the office. Remember, no matter how turbulent the market, there are always risk-takers looking for the next undiscovered island of wealth. #俄罗斯 #俄罗斯央行 #俄罗斯挖矿合法化 #俄罗斯局势 #俄罗斯加密货币法案
Recently, Ukraine successfully invaded the territory of Great Russia, and Zelensky "successfully turned the tables." But what impact will it have on our digital currency? When geopolitical tensions between Ukraine and Russia escalate, even the digital currency market has to sit on a roller coaster and experience a thrilling journey. Imagine that Bitcoin and Ethereum are like the crowd watching a play, munching on popcorn while witnessing the latest developments in international news. With the release of each news, they either rise and fall or suddenly soar. First, everyone may start to think that when tensions occur in a corner of the world, digital currencies may be a safe haven, just like the heroes in the movie always find a safe haven. However, the price reaction of Bitcoin is: Oops, the situation is not very good, maybe I should "play dead" with gold! At the same time, due to possible economic sanctions and uncertainty in the banking system, some investors may turn to cryptocurrencies as alternative assets, hoping to find a ray of hope in this digital "hide and seek" game. At this time, Ethereum is laughing in the corner. After all, more people using blockchain means more attention and possible appreciation. Finally, don’t forget the daredevils who are sitting in the front row of the cryptocurrency roller coaster, who are probably thinking, “Wow, this geopolitical drama is more exciting than my simulated trading!”

So, while tensions between Ukraine and Russia may cause shocks to financial markets in the short term, for those cryptocurrency players who are looking for excitement and opportunities, it’s just another day at the office. Remember, no matter how turbulent the market, there are always risk-takers looking for the next undiscovered island of wealth.
#俄罗斯 #俄罗斯央行 #俄罗斯挖矿合法化 #俄罗斯局势 #俄罗斯加密货币法案
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The New Role of Cryptocurrency in International Trade and Its Global Impact Russia: The New Role of Cryptocurrency in International Trade Recently, the Russian parliament approved a bill that allows the use of cryptocurrencies for international trade. This move signals a significant increase in demand for cryptocurrencies in Russia, especially in the face of ongoing sanctions. Russian Cryptocurrency Demand Surges With the passage of this new bill, Russia will attempt to bypass economic sanctions and keep trade flowing through digital currencies. This strategy is similar to Iran, which has fought sanctions by using domestically mined Bitcoin for international transactions. Global Chain Reaction Cryptocurrency acceptance is increasing around the world. Countries such as the United States, China, and Turkey have already integrated digital currencies into their financial systems. This move by Russia highlights this global trend. However, it may also trigger resistance from the United States, as this development may challenge the United States' economic policies. As the election approaches, the attitude of American politicians towards cryptocurrencies is also changing, further complicating the situation. Conclusion Russia's bill not only reflects the rising trend of global adoption of cryptocurrencies, but will also have a profound impact on international economic policies. #美国以太坊现货ETF开始交易 #比特币大会 #美国大选如何影响加密产业? #山寨季何时到来? #俄罗斯 $BTC $ETH $SOL
The New Role of Cryptocurrency in International Trade and Its Global Impact

Russia: The New Role of Cryptocurrency in International Trade
Recently, the Russian parliament approved a bill that allows the use of cryptocurrencies for international trade. This move signals a significant increase in demand for cryptocurrencies in Russia, especially in the face of ongoing sanctions.

Russian Cryptocurrency Demand Surges
With the passage of this new bill, Russia will attempt to bypass economic sanctions and keep trade flowing through digital currencies. This strategy is similar to Iran, which has fought sanctions by using domestically mined Bitcoin for international transactions.

Global Chain Reaction
Cryptocurrency acceptance is increasing around the world. Countries such as the United States, China, and Turkey have already integrated digital currencies into their financial systems. This move by Russia highlights this global trend. However, it may also trigger resistance from the United States, as this development may challenge the United States' economic policies. As the election approaches, the attitude of American politicians towards cryptocurrencies is also changing, further complicating the situation.

Conclusion
Russia's bill not only reflects the rising trend of global adoption of cryptocurrencies, but will also have a profound impact on international economic policies. #美国以太坊现货ETF开始交易 #比特币大会 #美国大选如何影响加密产业? #山寨季何时到来? #俄罗斯 $BTC $ETH $SOL
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Combining Putin's previous statements on cryptocurrencies and the Russian government's policies, we can make bold predictions: 1. Promote technology, but beware of risks: • Putin has expressed interest in blockchain technology in the past, believing that it has the potential to promote economic development. He said in 2017 that blockchain technology could help Russia reduce "costs in the banking system and increase the availability of financial services." • However, he has also warned of the risks of cryptocurrencies, especially those related to illegal activities and financial stability. He stressed the need for strict regulation to prevent money laundering, terrorist financing and other illegal activities. 2. Gradual regulation: • Russia's regulatory attitude towards cryptocurrencies is relatively conservative. In 2019, Putin signed a law recognizing cryptocurrencies as legal financial assets, but prohibiting their use as a means of payment. • In 2020, Russia passed a law, the Law on Digital Financial Assets, which sets out rules for the trading and issuance of cryptocurrencies and explicitly prohibits the use of cryptocurrencies to pay for goods and services. 3. Economic and political background: • Due to international sanctions and economic pressure, the Russian government has become increasingly interested in technologies that can circumvent sanctions and promote the economy. Cryptocurrencies are likely to be seen as a tool to circumvent certain international financial restrictions. • However, Putin may also not relax the regulation of cryptocurrencies too much for the sake of financial stability and political control. Combining the above information, Putin's future statements may include the following possibilities: 1. Positive but cautious: He may continue to emphasize the importance of blockchain technology and support technological innovation, while maintaining a cautious attitude towards cryptocurrencies and emphasizing the need for strict regulation. 2. Strengthening supervision: He may announce further strengthening of regulatory measures on cryptocurrency trading and mining to address concerns about security and financial stability. 3. Policy remains stable: He may indicate that the current policy will remain unchanged, neither further relaxed nor significantly tightened, in order to observe the development of the market and changes in the international situation. Overall, Putin's statement is likely to be cautious and balanced, neither completely rejecting the technical potential of cryptocurrencies nor completely relaxing regulations.#普京或发表比特币和加密货币的重大讲话 #俄罗斯
Combining Putin's previous statements on cryptocurrencies and the Russian government's policies, we can make bold predictions:
1. Promote technology, but beware of risks:
• Putin has expressed interest in blockchain technology in the past, believing that it has the potential to promote economic development. He said in 2017 that blockchain technology could help Russia reduce "costs in the banking system and increase the availability of financial services."
• However, he has also warned of the risks of cryptocurrencies, especially those related to illegal activities and financial stability. He stressed the need for strict regulation to prevent money laundering, terrorist financing and other illegal activities.
2. Gradual regulation:
• Russia's regulatory attitude towards cryptocurrencies is relatively conservative. In 2019, Putin signed a law recognizing cryptocurrencies as legal financial assets, but prohibiting their use as a means of payment.
• In 2020, Russia passed a law, the Law on Digital Financial Assets, which sets out rules for the trading and issuance of cryptocurrencies and explicitly prohibits the use of cryptocurrencies to pay for goods and services.
3. Economic and political background:
• Due to international sanctions and economic pressure, the Russian government has become increasingly interested in technologies that can circumvent sanctions and promote the economy. Cryptocurrencies are likely to be seen as a tool to circumvent certain international financial restrictions.
• However, Putin may also not relax the regulation of cryptocurrencies too much for the sake of financial stability and political control.
Combining the above information, Putin's future statements may include the following possibilities:
1. Positive but cautious: He may continue to emphasize the importance of blockchain technology and support technological innovation, while maintaining a cautious attitude towards cryptocurrencies and emphasizing the need for strict regulation.
2. Strengthening supervision: He may announce further strengthening of regulatory measures on cryptocurrency trading and mining to address concerns about security and financial stability.
3. Policy remains stable: He may indicate that the current policy will remain unchanged, neither further relaxed nor significantly tightened, in order to observe the development of the market and changes in the international situation.
Overall, Putin's statement is likely to be cautious and balanced, neither completely rejecting the technical potential of cryptocurrencies nor completely relaxing regulations.#普京或发表比特币和加密货币的重大讲话 #俄罗斯
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Binance to exit Russia and stop using ruble amid regulatory scrutinyBinance cancels ruble and exits Russia to strengthen compliance efforts. Binance, the world’s largest cryptocurrency exchange, announced that it will stop supporting the Russian ruble (RUB) trading pair on its platform starting in January, effective January 31, 2023. The decision is part of Binance’s strategy to exit Russia after selling its local unit to CommEX. Earlier this year, Binance sold its Russian exchange to local entity CommEX (OFAC) after coming under scrutiny from the U.S. Treasury Department’s Office of Foreign Assets Control for allegedly facilitating transactions with sanctioned Russian entities following its attack on Ukraine. .

Binance to exit Russia and stop using ruble amid regulatory scrutiny

Binance cancels ruble and exits Russia to strengthen compliance efforts.

Binance, the world’s largest cryptocurrency exchange, announced that it will stop supporting the Russian ruble (RUB) trading pair on its platform starting in January, effective January 31, 2023. The decision is part of Binance’s strategy to exit Russia after selling its local unit to CommEX.
Earlier this year, Binance sold its Russian exchange to local entity CommEX (OFAC) after coming under scrutiny from the U.S. Treasury Department’s Office of Foreign Assets Control for allegedly facilitating transactions with sanctioned Russian entities following its attack on Ukraine. .
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