Russia will begin trialing cross-border crypto payments next week in an effort to circumvent international sanctions – but this effort may not work, several policy and legal experts told CoinDesk. Legislation passed at the end of July and swiftly signed into law by President Vladimir Putin does not lift an existing ban on using cryptocurrencies as legal tender for regular payments within Russia, but instead allows cross-border payments with crypto. How the law will allow such payments remains unclear because the legislation doesn’t specify rules for such transactions. Instead it hands power to Russia’s central bank to oversee an “experimental” reg
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Fred Thiel, CEO of Marathon Digital, emphasized that being one of the largest Bitcoin miner in the USA, the company makes sure that every BTC block mined has the tag. “Every block mined by MARA Pool in USA is proudly stamped ‘Made in USA’,” he wrote. “The only large-scale miner who can do this because we run our own pool and ensure that all the blocks mined by MARA Pool are made in USA.” Marathon Digital’s move aligns with the US Presidential hopeful Donald Trump’s desire for “all the remaining Bitcoin to be made in the USA.” On June 12, Trump noted that all remaining Bitcoin to be produced in the United States. He stressed that the potential would help the country to become energy dominant. Trump also reiterated for the support of domestic crypto mining during the Bitcoin 2024 Conference in Nashville. He pledged that American Bitcoin miners would receive sufficient electricity needed to run the energy-hungry mining operations in the country.
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The tokens allocated to investors and TFH team members who contributed early to the Worldcoin project are scheduled to unlock daily. Each day, 2 million WLD will be unlocked, worth over $4 million, with the entire supply set to be unlocked by July 2028. This is concerning because Worldcoin is already the subject of regular large token unlocks. The community unlock event, which began with the unlocking of 12.5 million WLD last year, will run until 2026. During this period, 3.20 million WLD, worth $6.92 million, will be unlocked daily. So this supply of 1.35 billion WLD tokens, combined with other events that have unlocked 5.02 million WLD tokens daily, should have triggered a reaction from investors and the market. However, Worldcoin price has remained below the downtrend line, which has kept the altcoin from rising for almost three months now. Worldcoin price is currently trading at $2.16, but is falling after failing to break above the $3.00 resistance.
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