The Russian government has changed an order concerning Russian officials’ abroad property statements. According to The Times of India, the new amendment requires applicants for government employment to reveal any crypto money they have earned in other countries. From now on, they will be compelled to record their bitcoin investments and assets. It’s included in the new code of conduct.
In related news, YouTuber KSI claims to have lost $2.8 million as a result of the recent cryptocurrency market fall. From his cryptocurrency account, KSICRYPTO, he announced it on Twitter. The Youtuber also mentioned that he was experiencing depression at the time.
The new Russian law on digital currencies refers to all cryptocurrencies and crypto assets as “digital financial assets.” Candidates seeking for seats in state and municipal governments, as well as representatives of political parties nominated for the highest positions, will be covered by the regulation.
KSI extended the debate by announcing his $2.8 million investment in the cryptocurrency Luna. His holdings, however, were reduced to less than $50,000 and then to less than $1,000 in a single day due to the crypto meltdown.
So last year I went to see a therapist to tell her that I had lost purpose in my life. I had no joy in anything. Before, everything was just money money money, and I didn’t know what was the reason I did anything anymore.
“But that’s fine since I’m not dead.” He tweeted, “I have my family, friends, and a strong work ethic.”
The YouTuber did not appear to be too unhappy about it, since his later Tweets indicated that he loves his family and friends more than money. “Like I’m just in such a better place than I was last year,” he remarked. “You’ll see it in the documentary, but I was so lifeless last year. But, in any case, this crypto era has taught me a lot. I used to be a lost soul, but today I’m more focused and joyful than ever. “
Crypto Prices
The price of Bitcoin in the cryptocurrency market rose by 7.77 per cent in the last 24 hours, and it was trading at $30,601.72 at 5:30 pm IST. According to Coinmarketcap.com, its dominance in the crypto market is currently at 44.36 per cent, down by 0.29 per cent in the last 24 hours. In the last 24 hours, Ethereum (ETH) was trading at $2,105.36, and it was up by 8.69 per cent. Binance Coin (BNB) increased 13.81 per cent during the same time period, and was trading at $308.66. Solana (SOL) was up by 20.53 per cent to $53.09, while Cardano (ADA) was up by 27.52 per cent to $0.5861.
Meme Coins Dogecoin was trading at $0.09275 on Coinmarketcap.com at 5:30 pm, up by 19.68 per cent. Its rival, Shiba Inu, was down by 28.33 per cent, and was trading at $0.00001374. Samoyedcoin was up by 23.76 per cent, and it was trading at $0.007036, while Dogelon Mars was up by 35.13 per cent, and it was trading at $0.0000005747.
Overall Scenario According to Coinmarketcap.com, the global crypto market cap was at $1.31 trillion, an increase of 8.11 per cent in the last 24 hours, while the total crypto market volume was $149.53 billion, a decrease of 41.32 per cent.
SafeFloki was the biggest gainer, gaining 620.57 per cent. It was trading at $0.0000000001222 at 5:30 pm, according to Coinmarketcap. In contrast, TerraLuna witnessed the maximum loss and fell by 99.93 per cent. It was trading at $0.00003053.
News Summary:
- Putin Orders Russian Officials to Disclose Cryptocurrency Transactions Done Outside of Russia, Bitcoin Soars
- Check all news and articles from the latest Business news updates.
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