Russia imposes penalties on illegal crypto miners; India advocates for CBDCs on a global scale

The Justice Ministry in Russia plans to impose fines up to 1.5 million rubles (approximately 19,000 USD) for unauthorized mining operations, reflecting rising concerns over unregistered miners.

India’s Reserve Bank emphasizes the need for central bank digital currencies (CBDCs), arguing they offer stability compared to stablecoins and should be prioritized globally to maintain financial integrity.

The U.S. Congress aims to advance a crypto market structure bill in early 2026, after facing delays, highlighting the growing focus on regulatory frameworks for digital assets.

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