Yandex Search Engine Confirms Inclusion of Cryptos in its Converter
The lead search engine in Russia announced the inclusion of cryptos to inform users of real-time updates of prevailing rates. One can view the coins’ rates in several fiat currencies. Yandex’s announcement revealed plans to introduce crypto-to-crypto pairs exchange rates in the future.
Yandex Confirms Integration of Cryptocurrencies Within its Currency Converter
In addition to the national currency data of several nations, Yandex users can now view data of more than 140 most popular cryptocurrencies.
The recent update from the Russian search giant illustrated the accessibility of the crypto rates in the most current version of the currency converter.
A Russian RB.ru news outlet report highlighted that the widget is situated directly above the research results. The report echoed the disclosure conveyed by the Yandex blog post that the addition accommodates unique features such as a fast conversion tool and price chart.
Besides, the software replicates Yandex’s capabilities to identify key search words, slang, and occasions of imprecise language use when querying.
Illustrated Values of Coins and Tokens
Yandex’s statement revealed that the search engine would portray the values of coins and tokens in various currencies. The Yandex update would illustrate rates in several currencies, including euros, US dollars, Russian rubles, and other fiat currencies.
The Russian firm statement indicated that future advancement would benefit people by including more pairs and the opportunity to view a specific digital asset’s price in other cryptocurrencies.
The report demonstrated that Coingecko is a crucial source of Yandex’s market data. The data captured through the search engine statistics identified that major cryptos dominating the 2022 queries include Ethereum, dogecoin, bitcoin, Litecoin, and Solana.
Procrypto Regulation to Legalize Decentralized Transactions in Russia
Despite international online platforms supporting the same functions, some have restricted access. RBC Crypto revealed that Twitter launched a feature that permits the tracking of cryptocurrency prices. However, the platform was restricted in Russia.
Despite introducing the regulation ‘On Digital Financial Assets’ in Russia, the government has yet to legalize transactions with decentralized cryptocurrencies, for instance, bitcoin. The officials claim that this ought to happen in 2023.
On November 22, a proposal meant to permit crypto mining was presented to the Russian
parliament. The law seeks to modulate how mined cryptocurrencies are exchanged on trading
platforms overseas or under Russia’s unique and authorized governments.
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