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Sanctions, Disagreements Hamper Regulation of Crypto Mining in Russia, Experts Say
25.8.2022
The changing geopolitical and economic environment, as well as persisting differences between responsible government institutions, are hindering the advance of legislation tailored to regulate cryptocurrency mining in Russia. According to a report quoting industry watchers, these factors...
CCRI Finds TRON as One of the Top Eco-Friendly Blockchains
25.8.2022
A new report by the Crypto Carbon Ratings Institute (CCRI) showcases the environmental sustainability of the TRON network. According to the “Energy Efficiency and Carbon Footprint of the TRON Blockchain” report, the highly popular TRON network only consumes as much electricity as just...
Report: East African Single Currency Unlikely to Be Introduced by 2024
25.8.2022
There are growing doubts about the regional economic bloc known as the East African Community’s ability to successfully launch a single currency by 2024, a report has said. One of the reasons for this is member states’ delays in meeting targets as set out in the roadmap. Attainment...
Crypto Miners in Russia’s Irkutsk Region Fined Almost $1.7 Million This Year
25.8.2022
Authorities in the energy-rich Russian region of Irkutsk have imposed hefty fines on crypto miners this year for illegal use of electricity to produce digital currencies. Power utilities have also filed hundreds of lawsuits, a report reveals, quoting prosecutors. Irkutsk Crypto Miners Pay...
Singapore authorities approve probe of 3AC on behalf of liquidators: Report
24.8.2022
Liquidator Teneo has recovered only a miniscule portion of the Singapore-based Three Arrows Capital so far, while cofounder Zhu has allegedly tried to sell property there
Ex-SEC Chair Jay Clayton Joins Crypto Investor Electric Capital as Adviser: Report
24.8.2022
The news continues the trend of regulatory experts embracing the crypto industry
Singapore Court Permits Three Arrows Liquidators To Access Key Financial Records - Report
24.8.2022
The liquidators of troubled Singaporean crypto hedge fund Three Arrows Capital (3AC) have obtained the permission of a local court to access key records, securing more information about the assets of the collapsed business, Bloomberg reported....
Read More: Singapore Court Permits Three Arrows...
Singapore High Court Recognizes Three Arrows Capital Liquidation Order: Report
24.8.2022
The liquidators of defunct hedge fund Three Arrows Capital have secured a crucial court decision in Singapore that will provide clarity on assets held in the region
What crashed the crypto relief rally? | Find out now on The Market Report
23.8.2022
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss what factors lead to the collapse of the bear market rally
‘7 South Korean Securities Firms Will Launch Crypto Exchanges in 2023’ – Report
23.8.2022
A slew of major South Korean securities companies – many of which may be affiliated with major commercial banks and business groups – could be set to launch crypto exchange platforms as early as next year.
Per Newspim, “seven large domestic securities companies” have already applied to financial...
Citigroup Digital-Assets Driver Itay Tuchman to Depart: Report
23.8.2022
Citi's head of foreign exchange, Itay Tuchman, who was central to the bank's exploration of digital assets in recent years, is to depart, Reuters reported Monday citing an internal memo
Report: Nigerian Central Bank Targets Tenfold Increase in Number of CBDC Users, Governor Says Use of Cash Will ‘Dissipate to Zero’
23.8.2022
Despite the apparent slow embrace of the e-naira digital currency by Nigerians, the Central Bank of Nigeria governor has said his institution is targeting a tenfold increase in the number of users of the digital currency in the next twelve months. The governor predicted that the use of cash will...
RBI Governor Says Central Bank's Warnings Pushed People to Avoid Crypto: Report
23.8.2022
The central bank has maintained banning cryptocurrency is the most suitable choice for India
Andreessen Horowitz Says Crypto Can Shift Power Away From Big Internet Companies: Report
23.8.2022
The high-profile venture capitalist group has said that Web3 and cryptocurrencies can disrupt the concentration of internet power gathered by big tech companies
Report: Investment Management Giant Invesco Launches Metaverse Fund
23.8.2022
The investment management giant Invesco has launched a metaverse fund that will invest in a myriad of startups focused on metaverse technology, a Citywire report detailed on Monday. “We will seek to capitalise on these opportunities through a highly selective, valuation-conscious...
South Korean financial majors want to create virtual assets exchange in 2023: Report
22.8.2022
Samsung Securities, Mirae Asset Securities and Shinhan Financial Investment are among the financial heavyweights in talks with the government to create the exchange
FTX Posted $1 Billion in Revenue Last Year Amid Crypto Rally: Report
22.8.2022
Revenues soared 1,000% from just $89 million in 2020, according to internal documents seen by CNBC
Bitcoin Miners in Q2 Sold 660% of What they Sold in Q1 - Report
22.8.2022
The second quarter of 2022 was a difficult one for public bitcoin (BTC) miners, as 18 of them sold BTC 21,342, according to a recent report released by crypto consultancy BlocksBridge Consulting.
Per the report, this was 660% of what they sold in the first quarter of this year and about 150%...
Seven S. Korean Brokerages Plan to Start Crypto Exchanges Next Year: Report
22.8.2022
Authorities in the country have been trending towards stricter oversight since the TerraUSD collapse
South Korea Plans to Tax Crypto Airdrop Recipients: Report
22.8.2022
South Korea’s Ministry of Economy and Finance has said crypto airdrops could be subjected to a gift tax of between 10% and 50%