Nepal Bans Crypto Services: NTA Takes Legal Action Against Non-Compliers

Updated: 1 year • The Nepal Telecommunication Authority recently issued a notification banning all cryptocurrency-related services. • The Nepal regulatory authority has previously declared crypto-related activities illegal. • The NTA has threatened to take legal action against any entity that does not comply with the orders. Nepal’s telco regulators have recently issued a notification ordering … Read more

Russia Legalizes Crypto for International Trade: Economic Woes Look to Digital Assets

Updated: 1 year •The Russian Federation recently announced a potential increase in energy production due to the rising demand from crypto miners. •Nikolay Shulginov, Russia’s Minster of Energy, has acknowledged the need to install additional power plants in Siberia to meet the miners’ demands. •Russia is following India in legalizing the use of cryptocurrency as … Read more