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US Treasury Targets Russian Blockchain Companies for Sanctions Evasion


The US Treasury's Office of Foreign Assets Control (OFAC) on Monday sanctioned 13 entities and two individuals. They are accused of developing crypto-related services that could facilitate sanctions evasion on behalf of Russian nationals.     The post US Treasury Targets Russian...

Russian Crypto Industry Sends Government Draft Mining Bill


Russian crypto industry chiefs have teamed up with business leaders to create a draft bill that could legalize the nation’s booming mining sector. The post Russian Crypto Industry Sends Government Draft Mining Bill appeared first on Cryptonews

UAE Introduces CBDC Implementation Strategy – Here’s What’s Inside


The UAE's central bank has announced a comprehensive strategy to implement a central bank digital currency (CBDC) for retail and wholesale use. In partnership with technology providers R3 and G42 Cloud, the UAE envisions that digital dirham will streamline cross-border transactions, enhance...

Hong Kong Regulator Issues Alert Against Suspicious Crypto Platform HKCEXP


The Securities and Futures Commission of Hong Kong (SFC) has issued a warning regarding HKCEXP, an allegedly suspicious trading platform claiming to be registered with the regulator. The post Hong Kong Regulator Issues Alert Against Suspicious Crypto Platform HKCEXP appeared first on Cryptonews

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