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Russia Legalizes Crypto While Democrats Clash with Crypto Leaders - Will Crypto Rally Effect Policy?

Crypto's bounce back sparks bullish hope and cautious skepticism

Author

Austin Hodge
August 09, 2024 • Read Time: 9 minutes

As Russia makes headlines legalizing cryptocurrency and other countries call for central bank digital currencies and more lenient crypto regulations, Democratic officials clash with crypto leaders, the XRP decision sparks an uptick, and crypto rallies across the board as the market rebounds from Japan’s stock market crash. There’s lots to unpack today in the world of crypto, regulation, DePin, and more - let’s dive in!

  • Putin signs law legalizing crypto mining, recognizing it as turnover activity. — Read More

  • Bitcoin's NVT Golden Cross dips again, signaling it may be undervalued and poised for potential growth. — Read More

  • Crypto leaders and Democratic officials clashed during a tense Zoom meeting over regulatory issues and industry support for Kamala Harris. — Read More

  • The Ashmolean Museum's 'Money Talks' art exhibition ends with a focus on cryptocurrency and NFTs, tracing the social history of money through art. — Read More

  • Kyrgyzstan's central bank aims to launch its own digital currency, the digital som, by 2027. — Read More

  • 32,000 BTC and 206,000 ETH options worth $2.5B are set to expire with key strikes and sentiment points. — Read More

  • MetaMask partners with MultiversX to introduce on-chain 2FA security for millions of users. — Read More

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