Russian President Vladimir Putin signed a decree suspending visa facilitation agreements with the European Union (EU), Norway, Denmark, Iceland, Switzerland and Liechtenstein.

The decree, published this Monday by the Kremlin, emerges as a “necessary” response to the “hostile actions of the EU” that arose after the Russian invasion of Ukraine, according to several news agencies.

By virtue of this new measure approved by Putin, the simplified process for delivery of documentation on the reasons for the trip to Russia is suspended; as well as multiple visas, normally given to journalists or official delegations.

Five-year visas for parliamentarians or members of governments of the sanctioned countries are also suspended; The exemption from visa fees for official delegations is eliminated, as well as entry into Russia without the need for a visa for holders of diplomatic passports.

In this line, the Ministry of Foreign Affairs also approved restricting the access and permanence in the country to those “foreign citizens and stateless persons who commit hostile acts against Russia, its citizens or legal entities”.

Russian Foreign Minister Sergei Lavrov already announced last week that the Kremlin was in the process of developing a law through which measures would be taken against countries that had taken “hostile actions” against Moscow.

Source: dpa

La entrada Russia cuts visa deals with EU countries apareció primero en Bitfinance.

Of the 195 countries in the world, Venezuela is ranked 49th on the list of nations with the greatest bitcoin computing capacity, as stated by the economist and bank risk rater, Leonardo Buniak.

Buniak reported that in financial matters of the 900 daily bitcoins that are produced in the world only 3 % and 4 % are generated by Venezuela, that “is a figure close to 2 million dollars” daily.

The specialist pointed out that in Venezuela there is “an interesting market share” for bitcoin, also stating that the demand is evidenced in the consumption of products in still lifes, where consumers can often trade with cryptocurrencies. Added to this is the alleged low cost of electrical energy, which makes it easier, – despite continuous outages – to keep a computer mining 24 hours a day.

This economy generates bitcoins because electricity is extremely “cheap,” as Buniak asserted.

According to this, the nations with the highest demand in cryptocurrency mining on a global scale are: Canada, Iceland, Georgia, China and Russia.

K. Villarroel

Source: bancaynegocios

La entrada Venezuela ranks 49th in capacity to mine bitcoin apareció primero en Bitfinance.