Three days ago, Bitcoin.com News reported on the publicly listed company Voyager Digital after the crypto firm announced that it was owed $655 million worth of digital assets. Now according…
Continue ReadingA bill introducing financial penalties for those who illegally issue or exchange digital financial assets has been filed in the Russian parliament. The legislation has been submitted by the sponsor…
Continue ReadingAccording to reports, the TSX-listed Voyager Digital is another company that has been negatively affected by financial issues tied to the crypto hedge fund Three Arrows Capital (3AC). In a…
Continue ReadingAirdrops are a great marketing tool, but they can have downsides for crypto projects and investors alike. Is there a way around this? Airdrops have become the bread and butter…
Continue ReadingThe Central Bank of Russia and participating commercial banks want to test various types of payments with the digital ruble, the Russian press reported. The plan is to experiment with…
Continue ReadingRussia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a month, a top executive revealed this week. The…
Continue ReadingAn institute facilitating Russian exports is now working on the establishment of a sandbox for international crypto payments, local media reported. The goal is to identify potential regulatory and technological…
Continue ReadingIt is critical that both lawmakers and consumers understand the natural protections that Bitcoin gives them as a result of its decentralized design. With DeFi scams, exploits and collapses becoming…
Continue ReadingA proposal to permit companies to use cryptocurrency in cross-border settlements has made its way to a draft law designed to regulate Russia’s crypto space this year. According to a…
Continue ReadingSumitomo Mitsui Trust, one of the major banking institutions in Japan, will reportedly enter the cryptocurrency custody business. The company is entering a partnership with Bitbank, a Tokyo-based cryptocurrency exchange,…
Continue ReadingThe first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announced. Three platforms are already registered as issuers, said Anatoly…
Continue ReadingAccording to reports on Monday, two of the world’s major investment banks, Goldman Sachs and Barclays, have poured a large amount of money in Elwood Technologies, a cryptocurrency trading platform.…
Continue ReadingPresident Vladimir Putin has approved amendments to his own decree requiring Russian citizens running for office to declare their property abroad. The updated regulation lists cryptocurrencies among the assets that…
Continue ReadingOn Wednesday, the world’s largest family-owned banking institution, LGT Bank, announced that it has selected SEBA Bank in order to provide cryptocurrency custody and brokerage services to clients. LGT will…
Continue ReadingA report published on May 2 by the rating agency Weiss Ratings warns that crypto-backed mortgages “spell risk.” Weiss editor Jon D. Markman said backing a mortgage with crypto is…
Continue ReadingBitcoin (BTC) prices saw notable volatility on Friday, frequently breaching the $40,000 mark but failing to maintain that level. As of this writing, the top cryptocurrency by market capitalization had…
Continue ReadingThe Central Bank of Russia has recently proposed authorizing traditional stock exchanges to operate in the digital assets market. Industry watchers say the regulator aims to provide investors with an…
Continue ReadingComparing the rise of crypto assets to the gold rush, a top executive at the European Central Bank has urged governments to take action to prevent “a lawless frenzy of…
Continue ReadingThe trend of financial institutions incorporating cryptocurrencies into their portfolios has grown in recent years. Institutional investors and asset managers have begun to include cryptocurrency as pure digital assets. Despite…
Continue ReadingAfghan residents are reportedly acquiring digital assets that they use to preserve their savings and to diminish the ruling Taliban’s ability to affect their financial well-being. Since the militant group…
Continue ReadingCryptocurrencies have been proven to be a financial tool that can be used to store value or make payments by those excluded from the financial system. Yet, despite this being…
Continue ReadingA bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate…
Continue ReadingBitcoin users need to seriously consider their plan for what will happen to their bitcoin when they pass away. Having an estate plan is necessary. Have you thought about what…
Continue ReadingThe South Korean state intelligence agency is now providing crypto trading platforms with information about attempts to breach their cybersecurity. The help for the country’s digital asset exchanges comes amid…
Continue ReadingThe Central Bank of Russia has turned down a proposal to allow the use of digital currencies for the purpose of sanctions evasion. The monetary authority believes this is hardly…
Continue ReadingTaro, a new protocol proposed by Lightning Labs, leverages Taproot and the Lightning Network to bring new assets and scalability to Bitcoin. Lightning Labs has introduced a new protocol proposal…
Continue ReadingTencent Holdings’ WeChat has suspended various accounts that promote digital collectibles, a term that is commonly used in China to refer to non-fungible tokens (NFTs) that cannot be purchased or traded…
Continue ReadingBitcoin and other cryptocurrencies appear to be gaining traction, as the first quarter winds down. Crypto has reached the $2 trillion threshold and is proving surprisingly resilient in the face…
Continue ReadingLuno cryptocurrency exchange recently announced the launch of an investment arm, Luno Expeditions, whose objective is to invest in fintech, crypto, and Web3 startups globally. The investment arm will target…
Continue ReadingSberbank, Russia’s largest bank, has been authorized by the country’s monetary policy regulator to issue digital financial assets. The move comes amid tightening Western sanctions over the war in Ukraine,…
Continue ReadingOn Thursday, the Central Bank of Russia said that it had granted Sberbank a license to issue and exchange digital assets. The move comes just two months after the central…
Continue ReadingDigital financial assets like cryptocurrencies can help Russia to reach the global financial market despite western sanctions, a lawmaker working on crypto regulations has stated. The official believes the country…
Continue ReadingEstonia is preparing to enforce a set of new anti-money laundering rules that will stiffen requirements for crypto companies operating under Estonian license. The changes come amid concerns that Russia…
Continue ReadingIt’s time for the new and younger generation to invest in Bitcoin. At least, this is what veteran trader and popular commentator Peter Brandt recommends. Brandt suggests members of the…
Continue ReadingA large sum of money from a “Sleeping” Bitcoin was transferred after being dormant for more than a decade. Since the crisis between Russia and Ukraine and heightened pessimism about…
Continue ReadingThe cryptocurrency exchange Coinbase has addressed the company’s procedures toward complying with sanctions in a blog post published on Sunday. The crypto firm says that respecting sanctions plays a “vital…
Continue ReadingAuthorities in Russia are continuing their work to establish a comprehensive legal framework for crypto transactions. The efforts, which started before the military invasion of Ukraine, go on amid warnings…
Continue ReadingOn Tuesday, Cambridge Centre for Alternative Finance (CCAF) at Cambridge Judge Business School announced a new research initiative focused on the “growing digital asset ecosystem.” According to CCAF, the newly…
Continue ReadingOne of the United Arab Emirates (UAE)’s leading real estate property developers, DAMAC Properties, is planning to launch a project in the metaverse soon, the company’s managing director (MD) has…
Continue ReadingAuthorities in Russia may begin to seize funds of foreign nationals and companies that are in the country, former Russian President Dmitry Medvedev has indicated. His warning comes as the…
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