Russia's Cryptocurrency Regulation: A New Era for Mining
On July 30, the State Duma of Russia took a significant step by adopting a comprehensive package of laws aimed at regulating the cryptocurrency market. This legislative move includes the legalization of cryptocurrency mining, positioning Russia to potentially surpass the United States in this sector. Anton Gorelkin, deputy chairman of the State Duma Committee on Information Policy, emphasized the importance of cryptocurrencies in circumventing sanctions and enhancing high-tech exports. With this new legal framework, the concepts of 'mining' and 'digital currency circulation' are now officially recognized, clarifying the rights and responsibilities of participants in the industry.
The package of laws mandates that only registered individual entrepreneurs and legal entities can engage in mining activities, while ordinary citizens can mine within energy consumption limits set by the government. Additionally, the legislation aims to combat money laundering and terrorist financing by requiring miners to report specific information to authorized bodies. The move is expected to stimulate investment and job creation in the mining sector, while also reducing the prevalence of unregulated mining operations that have strained local energy resources.
Historic Victory for Spain in Women's Water Polo Against the U.S.
In a thrilling match at the Paris Aquatic Center, Spain's women's water polo team achieved a historic victory over the United States, winning 11-13. This match marked Spain's first win against the U.S. in over a decade, despite the Americans being the reigning champions in the sport. Goalkeeper Martina Terré played a pivotal role, saving a crucial penalty and leading her teammates with strategic communication during the game. The match was characterized by intense back-and-forth action, with Spain showcasing resilience and tactical prowess against a physically dominant U.S. team.
The victory not only boosts Spain's morale but also signifies a shift in the competitive landscape of women's water polo. With this win, Spain currently leads Group B, setting the stage for potential advancement to the quarterfinals. The innovative tactics employed by the Spanish team, including Terré's vocal guidance, have been credited for their success, demonstrating the importance of teamwork and communication in high-pressure situations.
