Bill “On Digital Assets” Filed in the Duma, Disagreements Resolved

The draft-law “On digital financial assets” aimed at regulating crypto-related matters in Russia has been officially filed in the State Duma on Tuesday. Disagreements between the Central Bank and the Ministry of Finance have been resolved, according to Deputy Finance Minister Alexei Moiseev. The CBR will have the final say in regards to the circulation … Read more

PayPal’s Peter Thiel Calls Bitcoin “Digital Gold”

While many politicians and heads of corporations continue to lambast cryptocurrencies, PayPal co-founder and venture capitalist Peter Thiel has backed Bitcoin yet again, calling the virtual currency the future of finance. Thiel has been a vocal proponent of Bitcoin for some time now, and has been advocating the use of cryptocurrencies and blockchain since 2017. … Read more

Israeli Crypto Companies Banned From Stock Exchange Indices

In a bid to reduce systemic risk, the Israel Securities Authority has announced that it will not include companies operating in the cryptocurrency industry will not be included in the country’s stock exchange indices. News of the determination has been published alongside a public warning issued that seeks to inform prospective investors of the risks … Read more

PwC Unveils New Blockchain Auditing Service for Its Clients

Blockchain technology can be used for many purposes. Unsurprisingly, a lot of companies are working on products which are far from production-ready. PricewaterhouseCoopers wants to audit companies’ use of the blockchain to ensure it is being used properly. Moreover, it will let company staffers monitor their internal blockchain transactions. An Interesting Venture for PwC With so many … Read more