Finance Minister Anton Siluanov has announced that the Russian government will work to educate its citizens on cryptocurrency as part of a program geared toward increasing financial literacy in the country.
Cryptocurrency adoption is currently outpacing regulation. First movers are already building financial products on top of the new asset class. Can we really understand the future of crypto through the historical lens of fiat?
On Wednesday, the Monetary Authority of Macau announced that financial institutions are prohibited from participating in or providing their services to cryptocurrency businesses and organizations that have undertaken token offerings (ICOs).