🌟 Russia opens ban on cryptocurrencies: A new era of global asset trading has officially begun?

Cryptocurrency enthusiasts, here are the latest developments! 🌟 Russia passed two major bills yesterday to give cryptocurrency a fair name, which is big news!

🏭 Bill 1: Russia agrees to open up cryptocurrency mining in its territory, announcing that mining activities will be completely legal from November 1, 2024. Remember that not long ago, Russia also banned Bitcoin mining, but now it has made a 180-degree turn, reopening and requiring all mining income to be declared.

💼 Bill 2: Even more impressive is that Russia allows companies authorized by the central bank to use digital currencies for cross-border settlement and foreign exchange transactions. This means that from September 1 this year, Russia will officially use Bitcoin and other cryptocurrencies for international trade.

🔄 The passage of these two bills marks that Russia will not only give cryptocurrency a fair name domestically, but also use them as a medium of exchange on the international stage. This is not only an affirmation of the legitimacy of cryptocurrency, but also a sign that cryptocurrency is becoming increasingly important in the global financial system.

🤔 It is believed that this move by Russia could trigger a global chain reaction, prompting other countries to reconsider their stance on cryptocurrencies. This is not only a shot in the arm for the cryptocurrency market, but also a strong proof of Bitcoin's future potential.

💬 So, the question is: what do you think of these two new Russian bills? What far-reaching impact will this have on the global cryptocurrency market? Share your thoughts in the comments section, and let's discuss this potentially game-changing move together!

#俄罗斯加密货币法案 #加密货币合法化 #比特币挖矿 #数字货币跨境交易

🇺🇾 New national regulations are here: Uruguay officially embraces cryptocurrencies!

After more than two years of discussion, Uruguay has finally passed a new law that officially recognizes cryptocurrencies as legal virtual assets and assigns the regulatory task to the Central Bank of Uruguay.

Not only does this make Uruguay the first country in Latin America to include cryptocurrencies in its regulatory framework after Venezuela, Brazil, Argentina, and El Salvador, but they’ve gone a step further.

The Central Bank of Uruguay will now be responsible for regulating virtual asset service providers (VASPs) and has the power to issue operating licenses. This is a big deal because it means that cryptocurrency exchanges, wallet providers, and even miners will operate under the country’s legal framework. Such regulation will take into account legality, opportunity, and convenience, which is good news for the development of the industry.

More importantly, the law also updates the rules on anti-money laundering and counter-terrorist financing to include virtual assets in its regulation. Even more exciting is that they have reformed the securities law and introduced the concept of decentralized securities. This is a legal recognition and support for cryptocurrencies.

💼 Opinion:

This move by Uruguay could be an important step towards the legalization and mainstreaming of cryptocurrencies. Not only does it set an example for other countries, it could also pave the way for the future development of cryptocurrencies. Does this mean we will see more countries follow suit?

In short, as more and more countries begin to officially recognize and regulate cryptocurrencies, we are moving towards a safer and more transparent financial future. This step by Uruguay is a positive signal for both the cryptocurrency community and the global financial markets. Let's wait and see what happens next.

💬 What do you think of Uruguay's new law? Do you think it will promote global acceptance of cryptocurrencies? Leave your thoughts in the comments!

#乌拉圭加密货币法 #加密货币合法化 #金融创新 #加密货币监管