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FBI director: Russia overestimates its ability to bypass US sanctions using crypto
10.3.2022
Christopher Wray cited the FBI's recent work in seizing large amounts of crypto as evidence there were vulnerabilities in using digital assets to get around sanctions
Republican lawmakers introduce bill targeting China's CBDC on sanctions, privacy
10.3.2022
"This bill holds China accountable as they introduce their new digital currency,” said Senator Bill Cassidy
Inflation spikes in Europe: What do Bitcoiners, politicians and financial experts think?
10.3.2022
Bitcoin‘s role as an inflation hedge is popular, with one expert stating that ”you don‘t need Bitcoin until you do.”
Gas heater broke down? I'll just heat my caravan with a Bitcoin miner
10.3.2022
When a propane gas heater stopped working, Bitcoin mining came to the rescue of a cold caravan in Colorado
Regulator in UAE’s Special Economic Zone Unveils Consultation Paper on ‘Crypto Tokens’
10.3.2022
The regulatory arm of the United Arab Emirates (UAE)’s special economic zone, the Dubai International Financial Centre (DIFC), has unveiled a consultation paper outlining its proposed regulatory regime for crypto tokens. Changes to the Draft Legislation The Dubai Financial Services Authority...
Regulator Says UAE ‘Closer to Issuing the Regulatory and Supervisory Framework’ for VASPs
10.3.2022
The United Arab Emirates (UAE) is getting closer to issuing a regulatory and supervisory framework that will govern the country’s virtual asset industry, the Securities and Commodities Authority (SCA) has said. FATF Recommendations A UAE securities regulator, the SCA has said it is getting...
Binance unveils plans for world domination by buying up companies in every sector
10.3.2022
In the wake of increasing regulatory scrutiny, Binance has sought to diversify its revenue streams and increase crypto adoption further by acquiring traditional companies in “each economic sector”
Regulators and industry leaders react to Biden‘s executive order on crypto
9.3.2022
"The proverbial doors of policymakers are wide open, this is now a national conversation in the U.S.," said Circle CEO Jeremy Allaire
Sony Halts PlayStation Sales In Russia Due To Ukraine Invasion
9.3.2022
Sony announced today that it is officially halting the sale of PlayStation products—including PS5s and Gran Turismo 7—in Russia following its war on Ukraine. This comes after similar decisions by other major gaming companies including Microsoft, Activision Blizzard, and EA. Read more
Sega And Koei Tecmo Donate To Humanitarian Efforts In Ukraine
9.3.2022
Earlier this week, Kotaku reported that Microsoft, Activision Blizzard, Ubisoft and Epic Games suspended Russian sales in the wake of the country’s illegal invasion of Ukraine. Now, Japanese companies Sega and Koei Tecmo are doing their part in helping the Ukrainian people, by donating money to...
Unicef Receives $2.5 Million in Crypto for Ukraine From Binance Charity Foundation
9.3.2022
Binance Charity is donating $2.5 million worth of cryptocurrency to support the humanitarian efforts of Unicef in Ukraine. The announcement comes as the ongoing military clash with the invading Russian forces is putting more and more children at risk. Unicef to Fund Activities in Ukraine With...
Federal Reserve works with China’s blockchain ally for instant payments
9.3.2022
Cypherium is the only blockchain company featured in the FedNow Service Provider Showcase for now, the CEO told Cointelegraph
Activision Stock Shenanigans Being Investigated By Justice Department, SEC
9.3.2022
The Wall Street Journal is reporting that three men—Fox co-founder Barry Diller, Reggie Miller-hating socialite Alexander von Furstenberg and music magnate David Geffen—are currently under two separate federal investigations over suspicions insider trading was involved in their purchase of millions...
FinCEN includes crypto in alert on Russia potentially evading sanctions
7.3.2022
"Prompt reporting of suspicious activity contributes to our national security and our efforts to support Ukraine and its people," said FinCEN acting director Him Das
FCA reiterates power to 'suspend or cancel' crypto firms' registrations following Bifinity concerns
7.3.2022
Certain individuals and entities that are part of the Binance Group may now be considered “beneficial owners” of Digivault following the Bifinity and Eqonex partnership
Coinbase proposes crypto tech to promote global sanctions compliance
7.3.2022
Grewal points out that laundering of fiat currency through traditional financial institutions remains the most sought-after method for evading sanctions
Pharmacy Chain CVS Files for ‘Crypto-Collectible’ and NFT Trademarks
6.3.2022
The American retail and pharmacy corporation CVS is looking to enter the metaverse according to trademark filings registered with the United States Patent and Trademark Office (USPTO). The filings mention things like CVS Health-brand “downloadable virtual goods”...
US Senate allows Virginia banks to offer crypto custody services
5.3.2022
Delegate Christopher T. Head introduced the bill (House Bill No. 263) back in January 2022, seeking an amendment to allow eligible banks to offer crypto custody services
Manchester footballing rivalries commence in field of Web3
4.3.2022
Following Manchester United's partnership with blockchain firm Tezos almost one month ago, Manchester City's foray in the space having partnered with crypto exchange OKX provides new competition in vie for technological prominence
UK financial watchdog is investigating 50 unauthorized crypto firms
3.3.2022
The FCA said it had opened more than 300 cases into unregistered crypto firms in the last six months, "many of which may be scams."