MagazinAisle

Author: rb809rb

  • Best Laptop Deal of the Day: This Marvelously Massive OmniBook 7 Is Now $610 Off

    Best Laptop Deal of the Day: This Marvelously Massive OmniBook 7 Is Now $610 Off

    Ultraportable laptops let remote professionals, students, and even digital nomads pick up their work and take it wherever they go on a dime. Their flexibility is what makes them so popular, but the compromise is giving up a big, beautiful external screen for that convenience. You can’t exactly throw a 27-inch monitor in your book bag, unless you know something we don’t (jeez, that’s a really big bag)!

    But there are laptops that toe the line between portable power and big-screened goodness. One of them is this 17.3-inch HP OmniBook 7, complete with a marvelously massive display in a traditional portable laptop design. While it’s a bit heavy (just over five pounds) to lug around to a fro, it’s the perfect middle ground if you miss your monitors at home but want to take your work to a coffee shop. The other detail that has us giddy is that HP’s having a flash sale and shaving 42% off this model, saving you $610 and bringing the price well below the $1,000 mark. Let’s break it down! 

    HP OmniBook 7 Deal


    HP OmniBook 7

    HP OmniBook 7

    17.3-inch touch screen, FHD, Intel Core Ultra 5, 16GB RAM, 512GB SSD

    $829.99
    at HP

    $1,439.99
    Save $610.00


    Get Deal

    First things first, the spec you’re the most excited about: the display. Not only does the dazzling 17.3-inch Full HD screen run from one edge of the laptop to the other to reduce distracting bezels, but it also reaches up to 400 nits of brightness. It also clocks 100% sRGB color, which means everything you see on-screen is as accurate and life-like as possible. The cherry on top is that it’s also a touch screen, which will make all the creatives in the room sit up a little straighter! 

    Under the sleek, backlit keyboard (complete with a separate numeric keypad for the number crunchers), the OmniBook 7 is powered by an Intel Core Ultra 5 processor, which is a great midrange CPU that supports mainstream gaming, heavy-duty multitasking, and content creation swimmingly. It’s also solid for on-device AI workloads, thanks to the Intel AI Boost NPU, which is helpful since this model is a Copilot PC! The Intel Arc 130V GPU is integrated and stellar for your everyday productivity tasks, and with this particular configuration’s 16GB of memory and a 512GB SSD, you’ll be well-equipped to dig up files and run plenty of apps while you do it. 

    Port selection is pretty basic: a universal headphone jack, three USB Type-A ports, one HDMI 2.1 port, one Thunderbolt 4 port with USB Type-C, and one regular USB Type-C port. That’s more than enough on the go, but depending on your workflow, you might need some extra hardware. Speaking of hardware, HP put this military-grade model through the wringer to withstand drops, shock, humidity, altitude, and extreme temperatures. 

    Recommended by Our Editors

    It’s a durable, powerful, and—most importantly—massive laptop capable of handling your heavier workloads and lighter browsing days. And for only $829.99 instead of $1,439.99, it’s quite the steal for a big-screen ultraportable!

    But if you’re looking for something different, browse our experts’ list of the best portable laptops for 2026!

    Even More Laptop Deals

    *Deals are selected by our commerce team

    About Our Expert

  • ‘The Dink’ Review: Jake Johnson’s Failed Tennis Prodigy Restores His Self-Respect Through Pickleball in Apple TV’s Anodyne Sports Comedy

    ‘The Dink’ Review: Jake Johnson’s Failed Tennis Prodigy Restores His Self-Respect Through Pickleball in Apple TV’s Anodyne Sports Comedy

    The presence of Ben Stiller as both lead producer and supporting player furthers the impression that The Dink wants to do for pickleball what Dodgeball did for that sport. Jake Johnson stars in the watchable but entirely vanilla Apple TV sports comedy, which spins a tale of underdog triumph around a once-promising tennis prodigy who rediscovers his mojo on a pickleball court. If that sounds dorky and formulaic, well, it is, despite Johnson’s appealing screen persona and a brief detour into misguided May-December romance. As original streaming movies go, it’s not the worst, nor is it at all memorable.

    Josh Greenbaum, who has worked in both narrative features (Barb and Star Go to Vista del Mar) and docs (Will & Harper) and directed the upcoming Spaceballs sequel, knows his way around comedy. But there’s only so much vitality he can inject into Sean Clements’ predictable screenplay. Even an ensemble stacked with veterans of standup, sitcoms and sketch comedy fails to bring much edge to the material. When John McEnroe parodying his unfiltered tennis commentator style is the closest you get to funny, maybe something’s missing.

    The Dink

    The Bottom Line

    Too bad it’s not ‘Barb and Star Play Pickleball.’

    Release date: Friday, July 24
    Cast: Jake Johnson, Mary Steenburgen, Ed Harris, Chloe Fineman, Aaron Chen, Patton Oswalt, Cleo King, Lynne Marie Stewart, Andy Roddick, John McEnroe, Ben Stiller
    Director: Josh Greenbaum
    Screenwriter: Sean Clements

    Rated PG-13,
    1 hour 43 minutes

    Johnson plays Dustin Boyd, whose laser-focused, hardass father Chuck (Ed Harris) trained him for tennis excellence from early childhood. He won every possible junior championship, his brutal serves earning him the nickname “The Hammer.” (He drives a car with “DE-HAMMR” vanity plates.) But the young Dusty flamed out when he took on fellow up-and-comer Andy Roddick in a title match that was to be his gateway to pro tennis. A broken wrist curtailed his career aspirations. 

    Dustin now puts minimal effort into coaching privileged brat 9-year-olds at the tennis club run by his father, while soaking up the adulation of his uber-geek pal PJ (Aaron Chen), the only person still impressed by Dusty’s embellished tales of his glory days. When an errant pickleball from an adjacent court lands at his feet, he insults Candace (Mary Steenburgen), the woman who politely comes to claim it. “This is a tennis club, lady,” he snarls, before unilaterally banning her.

    Much of the early humor revolves around the snobbery of tennis purists toward the rampant craze of pickleball, a sport whose paddle racket, perforated plastic ball and popularity with seniors make it an easy target for jokes. Chuck sees its rapid spread as an existential threat to tennis, especially when pickleball advocate Skip (Patton Oswalt) starts angling to take up more of his courts. In some fuzzy plotting, that negotation will hinge on a duel between the star players of both sides. But when Dusty takes a tumble and aggravates his old wrist injury, that puts him out of the running.

    In one of many forced cringe-comedy scenes that have the feel of off-night improv and fail to raise a laugh, Dusty consults a sex-obsessed doctor (Ben Stiller), who advises him that pickleball would be his fastest route to wrist rehab, allowing him to get back in the game before the big duel.

    Given the time spent on their classically awkward meet-cute, it will surprise no one that Dusty finds himself teamed up with divorcée Candace, facing her regular opponents, mouthy Gail (Cleo King) and saucy Judy (Lynne Marie Stewart, the beatified Miss Yvonne from Pee-wee’s Playhouse, in her final film role 💔).

    Inevitably, Dusty will learn that pickleball requires skill as he develops an unexpected (by him, at least) enthusiasm for the sport, along with romantic feelings for Candace, mistaking her friendship for attraction. Mercifully, Candace nips that potential Harold and Maude situation in the bud, leaving Steenburgen with her dignity intact.

    That’s about as risky as Clements’ screenplay gets. From there on out, every story beat will be familiar to anyone who’s ever seen a come-from-behind underdog loser redemption movie. Mostly, it dwells on Dusty’s desperate bid for his emotionally cold father’s approval, in which Roddick plays a part, gamely showing himself in an unsportsmanlike light. (Poor Harris deserves better than Chuck’s unpersuasive paternal atonement scene.)

    Johnson (best known for the Fox sitcom New Girl and as the voice of the cynical older Peter Parker in Spider-Man: Into the Spider-Verse and its sequels) makes an affable lead, managing to retain the viewer’s sympathy even pre-humbling, when he’s being an obnoxious jerk. And the always-welcome Steenburgen brings relaxed warmth to her role. But the movie doesn’t require much of anyone in the ensemble; comedians like Chloe Fineman, Chris Parnell and Fortune Feimster are wasted in throwaway roles.

    Like most meat-grinder, non-auteur streaming originals, The Dink — named for an often-decisive drop shot — has the bland sheen of an insurance commercial. There’s also a techno-inflected score by Dara Taylor, along with similarly pulsing needle drops. But it’s no Challengers. In truth, it’s not much of anything beyond background noise while you’re making dinner. The most imaginative thing about it is that it’s not called Pickleball.

  • Pixar Bears Brunt of Disney Studio Layoffs as Company Axes Several Hundred Staffers

    Pixar Bears Brunt of Disney Studio Layoffs as Company Axes Several Hundred Staffers

    Pixar Animation Studios, despite riding high on the success of summer blockbuster “Toy Story 5,” was hit particularly hard in a wave of companywide layoffs Tuesday at Disney.

    A Disney spokesperson confirmed that the media conglomerate is cutting several hundred jobs across certain corporate functions. Those include job cuts at ESPN, many related to the integration of NFL Network; Disney Entertainment Television; and Disney’s studios. The majority of the layoffs on the studios side are within Pixar and majority of impacts in the TV group are at National Geographic.

    The Disney employees who are losing their jobs were informed Tuesday morning.

    Disney in April cut about 1,000 employees in marketing functions across Disney’s studios, TV networks, ESPN, product and technology, and corporate groups. At the time, newly appointed Disney CEO Josh D’Amaro said in a memo to employees, “Over the past several months, we have looked at ways in which we can streamline our operations in various parts of the company to ensure we deliver the world-class creativity and innovation our fans value and expect from Disney. Given the fast-moving pace of our industries, this requires us to constantly assess how to foster a more agile and technologically-enabled workforce to meet tomorrow’s needs.”

    The job cuts at Pixar are concentrated in production and operations. A source familiar with the layoffs said the changes reflect Pixar’s evolving needs as it relates to production volume and the projects that are in process at the studio. More broadly, Walt Disney Studios has evolved its production strategy over the past three years — reducing overall volume and prioritizing quality with a focus on theatrical releases that fuel the company’s broader entertainment ecosystem (including streaming), with less produced directly for streaming.

    Pixar has released two movies in 2026: this spring’s original adventure “Hoppers,” which had a strong opening but failed to match the box office heights of prior Pixar greats, and this summer’s “Toy Story 5,” which is imminently crossing the billion-dollar mark and will end up as the highest-grossing of the franchise.

    Though animated sequels, including 2024’s “Inside Out 2,” have electrified the box office, Pixar has struggled since the pandemic to launch new properties. During COVID, several movies including “Soul,” “Luca” and “Turning Red” were sent directly to Disney+ and executives felt that inadvertently trained audiences to watch Pixar’s films at home.

    Rebecca Rubin contributed to this article.

  • ‘The Brutalist’ EP, ‘Nawi’ Makers Strike Three-Film Co-Pro Deal, Set Kenya Soccer Doc ‘Champions of Nowhere’ (Exclusive)

    ‘The Brutalist’ EP, ‘Nawi’ Makers Strike Three-Film Co-Pro Deal, Set Kenya Soccer Doc ‘Champions of Nowhere’ (Exclusive)

    Pierce Capital Entertainment (PCE), the independent film finance and production company founded by Thomas Pierce, who served as an executive producer on Brady Corbet’s Oscar-winning The Brutalist and Olivier Assayas’ The Wizard of the Kremlin, and Munich, Germany-based production company FilmCrew Media have entered into a three-picture co-production partnership.

    FilmCrew, founded by brothers Kevin Schmutzler and Tobias “Toby” Schmutzler, had an award-winning breakout hit in Nawi: Dear Future Me, a Kenya-set child marriage drama that was selected as the country’s official submission for best international feature film at the 97th Academy Awards.

    The partnership will launch with Champions of Nowhere, a feature documentary to be directed by Academy Award-nominated Ugandan filmmaker and journalist Moses Bwayo (Bobi Wine: The People’s President) via his Los Angeles-based Jajja Productions.

    “Set against the backdrop of Kakuma Refugee Camp and the Kakuma Football [aka Soccer] League [in Kenya], Champions of Nowhere follows a community whose shared love of sport becomes a source of identity, resilience and hope,” according to a synopsis. The project builds on FilmCrew’s existing ties to the region through its work on Nawi.

    “While Kakuma Refugee Camp is known for its harsh climate and diverse refugee community, its inhabitants have found aspiration through the Kakuma Football League,” said Bwayo. “The once-desolate semi-desert now basks in hope, identity, dignity and a fighting spirit that speaks the universal language of sports. This project offers a window into what sports and a fighting spirit can bring to a community.”

    The three-picture partnership brings together PCE’s independent film financing and production model with FilmCrew’s European production infrastructure and track record. Together with producers Lydia Wrensch and Caroline Heim, the Schmutzler brothers focus on producing culturally significant stories that address urgent social issues.

    “Partnering with Thomas and the team at Pierce Capital Entertainment gives us a tremendous opportunity to scale our vision and bring important stories to a global audience,” said Toby Schmutzler. Added Kevin Schmutzler: “Our goal has always been to tell stories that entertain first, but also have the power to inspire action. With PCE, we found partners who understand both sides of that ambition.”

    FilmCrew’s other projects so far have included Biking Borders, released on Netflix and Amazon, Tierbrücke (The Shelter), which documents animal rescue efforts during the war in Ukraine, and Robin: Watch for Wishes, a feature acquired by Electric Entertainment that supported an international campaign for children facing serious illnesses.

    Most recently, the Schmutzler brothers’ original feature Beyond Day Zero was selected by the inaugural Next Narrative Africa Fund and is being developed with Trevor Noah’s Day Zero Productions. The story centers on the daughter of a water tycoon who joins forces with a township gangster to challenge the powerful system that divides their society.

    Pierce Capital Entertainment is a Los Angeles- and New York-based film finance and production company focused on “commercially positioned independent films with global reach.” It targets projects with “cultural relevance, awards potential and international marketability.”

    “This partnership represents an exciting expansion for PCE,” said Pierce. “FilmCrew has demonstrated that meaningful storytelling and commercial filmmaking are not mutually exclusive. Together, we look forward to building films that connect with audiences worldwide and contribute to broader cultural conversations and positive societal change.”

    Additional projects under the partnership will be unveiled at a later stage.

  • ‘Robocop’ Reboot Series Set at Prime Video

    ‘Robocop’ Reboot Series Set at Prime Video

    Amazon Prime Video has officially picked up a series version of “Robocop,” Variety has learned.

    Prime Video has given the show an eight-episode order. The project has been in development since Amazon acquired MGM in 2022, with Amazon looking to capitalize on their access to MGM’s deep IP library for both film and television projects.

    Per the official logline, “A giant tech conglomerate convinces the city to place a powerful robot on its police force – a robot implanted with the consciousness of a beloved, fallen officer.”

    As previously reported, Peter Ocko serves as writer, executive producer, and showrunner. James Wan, Michael Clear, and Rob Hackett executive produce via Blumhouse Atomic Monster. Ed Neumeier, co-creator and co-writer of the original “Robocop” film, will also serve as an executive producer. Danielle Bozzone of Blumhouse Atomic Monster will co-executive produce and oversee the project for the company. Amazon MGM Studios will produce.

    “I’ve been a massive fan of ‘Robocop’ forever, so getting to help bring this world to television is a dream,” said Wan. “What Paul Verhoeven created in 1987 was decades ahead of its time, and its questions about technology, identity, and who corporations really serve have only grown more urgent. With Peter’s distinctive vision and bold approach to storytelling, and alongside Ed and our partners at Amazon MGM Studios, we’re working to honor what made the original iconic and highlight its relevancy in this modern, tech-driven world, while building something unmistakably new for a global audience.”

    The “Robocop” franchise kicked off in 1987 with the first film starring Peter Weller as the titular half man, half machine law enforcement officer. Weller returned for the sequel in 1990, with Robert Burke taking over the role for “Robocop 3” in 1993. Nancy Allen starred in all three films as Officer Anne Lewis. A reboot starring Joel Kinnaman was released in 2014. There have also been multiple “Robocop” TV shows to date, including two animated and two live-action shows, as well as video games and comic books.

    “’Robocop’ is a franchise that has meant something to audiences for nearly four decades — not just as an action spectacle, but as a sharp, provocative mirror of our relationship with technology and power,” said Peter Friedlander, head of global television for Amazon MGM Studios. “Peter Ocko has crafted a vision that honors the soul of what made the original so enduring while building something entirely fresh and urgent for today. Paired with the cinematic sensibility of James Wan and the team at Blumhouse Atomic Monster, we believe this series will captivate a whole new generation of fans on Prime Video.”

  • Russia’s parliament passes crypto market law with $3,800 annual cap for retail investors

    Russia’s parliament passes crypto market law with $3,800 annual cap for retail investors

    Russia’s central bank had laid out the proposed framework in December that would legalize and regulate cryptocurrency trading for both individuals and institutions. The new law also follows the deployment of the European Union’s (EU) most significant sanctions package against Russia in April, which specifically targets crypto. It includes a complete ban on providers and platforms established in that country.

    “Russia is becoming increasingly reliant on cryptocurrencies for international transactions,” the EU said.

    Russia’s new digital assets law oversees crypto mining activities, issuance and circulation of cryptocurrencies and the services provided by brokers, asset managers, trading platforms and clearing houses.

    The law does not lift Russia’s longstanding prohibition on the use of crypto for payments of goods and services within the country. It also bans banks and others from advertising and promoting crypto payments.

    However, it preserves several exceptions, including allowing digital currencies to be used for settlements under foreign trade contracts between Russian residents and non-residents, transactions involving mined cryptocurrency, payments required by digital asset platforms and settlements involving securities or other digital assets.

  • ‘Evil Dead Burn’ Haunted House Experience Is Headed to Universal Studios’ Halloween Horror Nights

    ‘Evil Dead Burn’ Haunted House Experience Is Headed to Universal Studios’ Halloween Horror Nights

    “Evil Dead Burn” is headed to Universal’s Halloween Horror Nights as a haunted house experience.

    The latest film from New Line Cinema takes shape as the newest Halloween Horror Nights haunted house, beginning Aug. 28 at Universal Orlando Resort and Sept 3 at Universal Studios Hollywood.

    The haunted houses will take guests on a terrifying firsthand journey through the film’s most frightening moments that begin at the Price family’s secluded vacation home in the woods. The nightmare grows more and more fierce as guests venture through the haunted house, encountering ferocious Deadites around every turn before succumbing to the evil forces themselves.

    Released on July 24, the film is directed and co-written by Sébastien Vaniček. “Evil Dead Burn” marks the sixth installment in the “Evil Dead” series and the third standalone entry following 2013’s “Evil Dead” and 2023’s “Evil Dead Rise.”

    “Evil Dead Burn” stars Souheila Yacoub (“Dune: Part Two”), Hunter Doohan (“Wednesday,” “Daredevil: Born Again”), Luciane Buchanan (“The Night Agent”), Tandi Wright (“Pearl”) and George Pullar (“It Only Takes a Night”). Raimi produces alongside Rob Tapert under the Ghost House Pictures banner, with original star Bruce Campbell and “Evil Dead Rise” director Lee Cronin serving as executive producers.

    As previously announced, Ryan Coogler‘s “Sinners” will also be joining Halloween Horror Nights where guests will be transported back in time to the Juke Joint. They will quickly realize that nothing is as it seems when nefarious, red-eyed vampires Remmick, Bert and Joan appear with their insatiable hunger. As they attempt to evade the vampires at every turn, fans will encounter some of their favorite characters lifted straight from the film, including Sammie, Mary, Annie, Pearline and Cornbread. 

    “Hellraiser” and one last adventure with “Stranger Things” have also been added to the lineup.

    Halloween Horror Nights runs select nights at Universal Orlando Resort, beginning Aug. 28 through Nov. 1, and at Universal Studios Hollywood from Sept. 3 through Nov. 1. Additional haunted houses and event content will be revealed soon. Tickets are on sale at: http://www.HalloweenHorrorNights.com.

  • Crypto News: MemeToro Launches AI Agent Rankings as Platform Development Continues

    Crypto News: MemeToro Launches AI Agent Rankings as Platform Development Continues

    Crypto News: MemeToro Launches AI Agent Rankings …

    MemeToro has announced a dedicated ranking system for AI-generated memecoins, giving users a focused way to discover and monitor projects launched by AI agents.

    MemeToro has announced plans to introduce a dedicated AI Agent Rankings feature as part of its expanding blockchain ecosystem. The new section will provide users with a focused way to discover and monitor memecoins launched by AI agents using live market data, trading activity, and on-chain metrics.

    The feature is being developed in response to the growing number of AI-generated memecoins entering the market. Rather than displaying these projects alongside thousands of other cryptocurrencies, the ranking system will create a dedicated category designed specifically for AI-powered token launches.

    The announcement forms part of MemeToro’s broader roadmap to combine blockchain analytics, AI-powered applications, decentralized prediction markets, and community participation within a single ecosystem powered by the $MT utility token.

    Dedicated Rankings for an Emerging Category

    MemeToro said AI-generated memecoins have become one of the fastest-growing areas of blockchain activity, yet most market trackers continue to group these projects with the wider cryptocurrency market.

    The upcoming AI Agent Rankings page is intended to provide users with a dedicated view of this category through continuously updated rankings based on market performance and trading activity.

    According to the company, the platform will allow users to monitor newly launched AI-generated tokens, compare projects, and follow changes in market activity from one location.

    Future updates are expected to introduce additional metrics that provide deeper insights into ecosystem growth and token performance.

    Live Analytics Designed for Faster Market Visibility

    The AI Agent Rankings will build on MemeToro’s existing market analytics tools, including its live Trending Cryptos and Top Market Cap dashboards.

    The company said combining multiple analytics products within one platform reduces the need to monitor several market trackers while providing users with blockchain data focused specifically on the memecoin sector.

    As additional products are released, MemeToro plans to expand its analytics platform with new datasets covering AI-generated tokens, market activity, and ecosystem participation.

    According to the company, these tools are intended to simplify research while improving access to blockchain information.

    Public Presale Supports Ecosystem Expansion

    Alongside the product announcement, MemeToro confirmed continued progress during Stage 4 of its public presale.

    According to the company, more than $80,178.47 has been raised, representing 73.28% of the current fundraising target of $109,411.90.

    The current Stage 4 price is $0.00232 per $MT. The company has published a planned listing price of $0.01875 following completion of the public presale, subject to the project’s launch roadmap.

    MemeToro said proceeds from the presale will support platform development, infrastructure, security, and continued expansion of ecosystem products.

    Published Tokenomics Support Long-Term Platform Growth

    The company has also released the tokenomics for the $MT utility token.

    According to MemeToro, the project has a fixed supply of 1.2 billion tokens, allocated across the public presale, ecosystem development, staking rewards, liquidity, treasury, marketing, and strategic partnerships.

    The company said public presale allocations are expected to become available at launch, while selected allocations for marketing and partnerships will follow a 24-month vesting schedule designed to support long-term ecosystem development.

    As development continues, MemeToro plans to introduce additional blockchain applications that expand the role of the $MT token across its growing ecosystem.

    About MemeToro

    MemeToro is developing an AI-powered blockchain ecosystem on the BNB Chain. The platform combines AI-powered token creation, live market analytics, decentralized prediction markets, staking, and blockchain applications through the $MT utility token. The company is building tools designed to simplify blockchain participation while supporting innovation across AI-powered Web3 technologies.

    For more information, visit:

    Email: [email protected]

    Website: https://memetoro.com/

    X: https://x.com/memetoro_mt

    Telegram: https://t.me/memetoro_mt

  • Bodycam shows Florida student tased and arrested by campus police

    Bodycam shows Florida student tased and arrested by campus police

    Newly released bodycam footage shows the moment University of Central Florida student Jarrett Vick was tased and arrested by campus police, after being repeatedly misgendered by the officer.

    Published On 21 Jul 2026

  • Russia Takes Historic Step Regarding Bitcoin and Altcoins: A New Era Begins!

    Russia Takes Historic Step Regarding Bitcoin and Altcoins: A New Era Begins!

    Significant developments continue to unfold globally regarding cryptocurrencies. In this context, important news has come from two of the world’s largest economies: the US and Russia.

    At this time, as the US reached a critical agreement regarding the Clarity Act, one of its most important pieces of legislation, Russia also crossed a significant threshold in its own regulatory framework.

    According to an official statement from the Central Bank of Russia, the State Duma, Russia’s lower house of parliament, has approved a bill regulating cryptocurrencies in its latest vote.

    However, the legal process is not yet complete. For the law to come into effect, it needs the approval of the Federation Council, the upper house of parliament, and finally, the final signature of Russian President Vladimir Putin. With Putin’s signature, the main provisions of the law are expected to enter into force on September 1, 2026.

    The new regulation stipulates that cryptocurrency transactions in Russia can only be conducted through authorized brokerage firms.

    At this point, the bill differentiates between cryptocurrency trading limits for general investors and qualified investors.

    Accordingly, unqualified individual investors, provided they pass the eligibility test, will be able to purchase cryptocurrency worth a maximum of 300,000 rubles (approximately $3,800) per year through a single brokerage firm. In contrast, the cryptocurrency purchase limit for qualified investors is set at 3 million rubles.

    The bill also imposes restrictions on cross-border transactions by individual investors. The limit for international cryptocurrency transfers for individual investors is set at 100,000 rubles, while the limit for qualified investors is 1 million rubles.

    Ban on Crypto Payments Continues!

    Despite all these regulations, the law does not change the ban on using Bitcoin and other cryptocurrencies as a means of payment within the country.

    This means that the use of cryptocurrencies for payments for goods and services will remain prohibited in Russia, and the Russian Ruble will continue to be the sole official means of payment in the country.

    “…It is important to note that making payments with cryptocurrency is still prohibited within the country…”

    Permission Granted for the Use of Cryptocurrency in International Trade!

    One of the notable provisions of the legislation concerns cross-border payments. While limits were placed on cross-border transactions by individual investors, commercial payments were exempted from these restrictions.

    Exporters and importers will be able to use cryptocurrencies in international trade without any monetary limits. This practice will be overseen by the Central Bank of Russia.

    “Exporters and importers will be able to use cryptocurrencies for cross-border payments without any restrictions. Such transactions will be possible through intermediary institutions and directly, for all types of wallets and cryptocurrencies.”

    As a result, when the new regulation comes into effect, the cryptocurrency market in Russia will for the first time have a comprehensive legal framework. However, the ban on using cryptocurrencies for payments will remain in place.

    *This is not investment advice.