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Russian State-Run Tech Firm to Decrease Spending on Blockchain by 50%
27.1.2020
Rostec plans to cut spendings on blockchain development in Russia by at least 50%
Financial Institutions Use Stablecoins to Shake Things Up in 2020
26.1.2020
2020 has kicked off with a lot of excitement and announcements around stablecoins. Will these top institutions and companies lead the front towards a stablecoin-ruled world
Alexander Vinnik Accused of Laundering Billions Through BTC-e Extradited to France
25.1.2020
Alexander Vinnik, the Russian-born IT specialist who spent over two years in detention in Greece, where he was arrested on a U.S. warrant, is now in Paris. The alleged BTC-e operator, suspected of laundering at least $4 billion through the now defunct crypto exchange, has been handed over to France...
Alleged BTC-e Operator Will Be Extradited to France After Greek Supreme Court Ruling
23.1.2020
Greece's supreme administrative court found that a ruling to extradite alleged BTC-e operator Alexander Vinnik to France was lawful. Vinnik can no longer appeal the decision
Greece Extradites Alleged Launderer of $4B BTC Alexander Vinnik to France
23.1.2020
Alexander Vinnik, a Russian man accused of having laundered $4 billion in Bitcoin, will be extradited from Greece to France, against the wishes of Russia
Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies
23.1.2020
In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail...
Vinnik’s Children File a Complaint About Rights Violation to Greek Court
20.1.2020
The lawyers of alleged $4 billion Bitcoin launderer Alexander Vinnik file a complaint alleging violation of Vinnik’s rights on behalf of his children
South Korea Mulls 20% Crypto Tax Plan, Russia Also Wants to Tax Tokens
20.1.2020
The South Korean government is reviewing a proposal that could see it introduce a tax on cryptocurrencies. Meanwhile, new Russian Prime Minister Mikhail Mishustin appears keen to see the government adopt a crypto tax law by spring 2020.
Per news agency Yonhap, the Korean finance ministry...
Russia’s New Prime Minister Has an Opinion of Cryptocurrencies
17.1.2020
The Russian Federation has a new prime minister, Mikhail Mishustin, with a track record of statements regarding cryptocurrencies and an affection for digitalization. A stated goal of his government will be to turn the country into a digital platform “for the people.” Time will tell...
Direct Democracy Party to Solve Issues With Crypto Rights in Russia
16.1.2020
A new political force is being born in Russia out of the country’s tech business circles. The idea has been conceived by representatives of the country’s growing digital economy sector who want to embark on finding solutions to numerous issues that concern the crypto space. Also read:...
Russia’s New Prime Minister Sets Course for Digital Economy
16.1.2020
Russia’s new Prime Minister, Mikhail Mishustin wants the country to develop its digital economy
Kraken Futures to Expand Into Russia After New Hire
14.1.2020
Kraken Futures is ramping up its Russian expansion with the hiring of a new representative, ICBIT founder Aleksey Bragin
Eastern Europe Sees More Fiat Options for Trading Crypto
12.1.2020
The countries of Central and Eastern Europe, a diverse region sometimes referred to as the ‘Second World,’ are at different stages of their economic development and political integration with the EU or other supranational organizations. Having less established traditional sectors...
A Russian Nuclear Plant Is Renting Space to Energy-Hungry Bitcoin Miners
8.1.2020
A state-owned nuclear power plant in Russia may soon fuel a bitcoin mining hub
2019 to 2020: Insiders, Outsiders and Experimenters in Crypto Regulation: Part 2
3.1.2020
Crypto regulation in Russia, China and India was very confusing in 2019. Should we expect more clarity in 2020 from these developing economies?
Regulatory Roundup: China Blockchain ETF, France New Crypto Rules, Tokens Like Money in Russia
31.12.2019
In this roundup, we cover Russia’s supreme court recognizing tokens as assets like money and property, France’s new crypto regulatory framework, and several industry developments in China, including a blockchain ETF filing. We also cover Japan’s world conference for decentralized...
French Businessman Detained for Stealing €1.2 Million in Crypto From His Partners
30.12.2019
An investigation launched on the request of a French startup has led to the indictment of a 37-year-old entrepreneur accused of stealing 182 BTC from the company he cofounded. Embezzlement of money is one the charges brought against him by the public prosecutor’s office in Paris. Also read:...
Crypto’s Counterpunch to U.S. Hegemony and Empire
27.12.2019
“The Muslim world should be designing measures to save themselves from the domination of the United States dollar and the American financial regime.” —Hassan Rouhani, President of Iran Also Read: Crypto Confronts Social Justice Warriors Hegemony and Muslim Resistance Hegemony...
Central Bank in Russia Started Testing Stablecoins in a Regulatory Sandbox
27.12.2019
In a recent development, the Bank of Russia has declared that it has started testing stablecoins in the regulatory sandbox. The Head of the Central Bank, Elvira Nabiullina, remarks that the financial regulator through the Sandbox is observing how stablecoins can function, regardless the bank...
Russia’s Central Bank Is Now Testing Real Asset-Pegged Stablecoins
26.12.2019
Russia’s central bank starts testing stablecoins and doesn’t assume that they will act as a payment method and become a substitute of money