News

Daily News Summary 27/10

Russia Issues New Crypto Law

Russia has enacted a new crypto law that increases state authority over digital assets. The law, signed by President Vladimir Putin, outlines state oversight of cryptocurrency mining activities and related infrastructure in detail. The Russian government now has the authority to shut down mining pools at any time, and certain agencies have been authorized to monitor transactions linked to money laundering or terrorism financing.

Coinbase Sponsors Golden State Warriors

Coinbase has entered a sponsorship partnership with the Golden State Warriors NBA team. As part of the deal, the crypto broker’s branding will be prominently displayed at the Warriors’ Chase Center and on the team’s limited-edition merchandise. Additionally, Dub Nation will be made available on-chain for Warriors fans, offering various marketing opportunities.
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