Economy

The recent breakthrough of the $30,000 price level has already been taken as the first real sign of the coming crypto spring. Bitcoin and cryptocurrency experts are already placing their bets on the next possible price movement.

Robert Kiyosaki, a famous American entrepreneur and author of financial textbooks, affirms that global economies are facing hard times and gold, silver and Bitcoin are the solution.

The governments of Brazil and Argentina will discuss the introduction of a common currency between the two countries.

The latest report from the international financial regulator IMF examines the role and liability of cryptocurrencies and defi in the global financial system.

Regardless of the transformation cryptocurrency has introduced in the payment and  transaction industry, digital assets are still facing resistance in some countries. A good number of governments have shown concerns of cryptocurrency threatening their traditional fiat currency,  finance and economy.

The issue of legalizing the mining of cryptocurrencies in Russia is not new. However, now the country's Energy Ministry is emphasizing the need to create a proper framework so that the economy can benefit from it.

Russia is facing tough restrictions that could push the country into complete economic isolation. In such a situation, it is only natural to look for alternatives that will help circumvent the restrictions and maintain international relations.

Kazakhstan's Energy Ministry is redoubling its efforts to fight illegal cryptocurrency mining. This week, 13 illegal facilities with a total capacity of over 200 Wt were discovered and shut down.

Recent years have passed under the sign of the coronavirus pandemic, which has had a significant impact on the global economy and the way of life of people in general.