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UAE Based Money Transfer Firm Announces Partnership With Ripplenet


Al Fardan Exchange, a money transfer firm, has joined up with Ripplenet in a deal that will see the company use the Ripplenet blockchain when sending funds across national borders. Al Fardan’s Reasons for Joining Ripple A United Arab Emirates (UAE)-based money transfer platform, Al Fardan...

Euro Inflation Hits Record Highs, ECB Not in Rush to Raise Interest Rates


The European Central Bank is concerned over inflation in the euro area rising beyond its own expectations, a high-ranking ECB official has admitted. However, Europe’s monetary authority is not prepared to raise interest rates at this point in time, the executive unveiled. ECB Sees No Reason...

Indian Crypto Industry Seeks Tax Clarity in Union Budget 2022-23


An Indian industry association has written to the country’s finance minister seeking clarity on cryptocurrency taxation in Union Budget 2022-23. “The budget should ideally offer coherent rules on direct taxation and the GST Council should detail the applicability of taxation, else...

Russia’s Federation Council to Set Up Working Group on Crypto Regulations


The Federation Council of the Russian legislature is forming a working group expected to propose comprehensive regulations for cryptocurrencies. Officials from several ministries and government agencies, as well as members of the country’s expanding crypto industry, will join the body....

Council of European Union Advances Talks On MiCA, DORA Regulations


The Council of the European Union has adopted a position on two proposals - the Regulation on Markets in Crypto Assets (MiCA) and the Digital Operational Resilience Act (DORA) - that are part of the European Union’s much-discussed digital finance package. Owing to this, the Council doted itself...

Bobby Kotick Actually Wrote Fran Townsend's Deranged, Company-Wide Email


Earlier this year, an email was sent to all employees of Activision Blizzard from the email account of Chief Compliance Officer, former Executive Sponsor of the ABV Employee Women’s Network and former Torture Apologist Fran Townsend. Sent in the midst of historic allegations of harassment against...

Local Council Member in Ukraine Declares 124 BTC and 500 Tesla Shares


A government official in Rivne region of Ukraine owns close to $8 million in cryptocurrency and 500 Tesla shares, his declaration shows. The news comes as another Ukrainian lawmaker in Kyiv has found it hard to prove possession of the crypto holdings on her asset statement. Ukraine Officials...

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