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Report: Kenya Has Fourth-Highest Interest in Cryptocurrency Globally


Kenya has the fourth-highest interest in cryptocurrency globally, a new research study by Broker Chooser has found. According to the study, only three countries — Ukraine, Russia, and the United States — have had higher searches for cryptocurrency in the last 12 months than Kenya....

No Crypto Crackdown in Russia but Keep Coins off Russian Soil, Official Warns


Another major power has claimed it will not follow Beijing in a nationwide crypto crackdown – with Moscow the latest to distance itself from such a move, days after the United States Securities and Exchanges Commission appeared to rule out the notion. But there could be a key caveat to Russia’s...

Court Ruling Threatens 17 Crypto Exchanges in Russia


Another batch of Russian online crypto exchanges in Russia face closure following a recent decision by a regional court. Information published on their websites has been deemed illegal meaning the country’s telecom watchdog can block access to their platforms. Roskomnadzor May Take Down...

Abkhazia Extends Internet Restrictions for Cryptocurrency Miners


The government in Abkhazia has extended an order prohibiting access to internet sites used by cryptocurrency miners. The measure is part of a wider ban on activities related to the extraction of digital coins that also limits the use of electricity and imports of mining equipment in the breakaway...

Russia, US in Top 3 for Crypto-Related Threats, Cybersecurity Report Unveils


Threats related to cryptocurrency have followed prices, decreasing significantly after the market slump in May, suggests a recent report released by a leading internet security firm. Detections fell by almost a quarter but Russia remains the most affected country, with the U.S. ranking in the...

Russian Post to Employ Blockchain Technology in Parcel Tracking


The national postal operator of Russia plans to implement a parcel tracking system that will rely on blockchain technology. The introduction of the new service is part of Russian Post’s digital transformation strategy and is expected to reduce the number of lost shipments. Blockchain-Based...

Abkhazia Seizes 6,000 Mining Devices but Fails to Disrupt Crypto Mining


Authorities in Abkhazia have confiscated thousands of mining machines, closing down all large crypto farms, yet they have admittedly failed to put an end to illegal mining operations. The breakaway republic of Georgia has been struggling with power shortages blamed on underground miners. 30,000...

Bank of Russia Lists Crypto Companies Among Financial Pyramids


The Central Bank of Russia has recently expanded its database of financial market players suspected of illicit activities. Several crypto companies have been added to the list along with entities bearing signs of Ponzi schemes, as well as illegal credit organizations and forex dealers. Central Bank...

Poland Confirms Arrest of Former Wex Exchange Executive in Warsaw


Reports of the detention of Dmitry Vasiliev, ex-head of the bankrupt cryptocurrency exchange Wex, have been confirmed by authorities in Poland. The former executive of the platform, allegedly involved in the theft of funds worth millions of dollars, faces possible extradition to Kazakhstan....

Russian Court Confirms Arrest Warrants for 3 Finiko Founders


Tatarstan’s highest court has rejected appeals against arrest warrants issued for three co-founders of the notorious Finiko crypto pyramid. The top representatives of the Ponzi scheme, accused of large-scale fraud in Russia, are still hiding abroad, media reports reveal. Three Finiko Ponzi...

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