No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again
Bank of Russia determined to keep up the rate of interest at 7.5% amid average inflation, estimated at 2.5% on an annual foundation in April,...
Bank of Russia Wants to Restrict Crypto Investments by Blocking Card Payments, Report Reveals
The Central Bank of Russia is presently reviewing varied methods to stop Russians from investing in cryptocurrency. One the choices on the desk is to...
Kazakhstan Expects $1.5 Billion From Crypto Mining in 5 Years, Estimates Suggest
Crypto miners now bring more than $230 million into the economy of Kazakhstan each year and estimates show the figure could increase significantly in the...
Single Mining Farm Needs as Much Power as 24,000 Homes, Kazakhstan Estimates
Authorities in Kazakhstan have calculated the energy used in the country’s crypto mining industry which competes for electricity with other sectors of the economy and...
Hedge Funds Aim for $300 Billion in Crypto Assets Within 5 Years, Survey Shows
Hedge funds are likely to significantly increase their crypto holdings, a global poll of chief financial officers has indicated. According to an average figure based...