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Federal Security Service of Russia Seeks Powers to Obtain Information From Crypto Platforms
31.10.2021
The Federal Security Service of the Russian Federation has issued a draft order allowing its agents to request information from cryptocurrency platforms among other organizations. The move follows changes made to the anti-corruption legislation in Russia, the agency noted. FSB Wants Access...
Hive Blockchain Secures Order for 6,500 Next-Generation Bitcoin Miners From Canaan
30.10.2021
On October 29, the publicly listed firm Canaan announced the mining manufacturer has secured a follow-on purchase order from the mining operator Hive Blockchain for 6,500 units of Canaan’s next-generation Avalon mining rigs. Hive expects to increase the operation’s hashrate from...
Nigerian Judge Rules in Favor of Accused Crypto Startup, Accounts to Be Reopened
27.10.2021
A Nigerian Federal Court judge recently ruled that the two frozen bank accounts belonging to Rise Vest Technologies, which is accused of trading cryptocurrencies, must be reopened. CBN’s Bank Account Freeze Order Dismissed In a ruling that overturns the Central Bank of Nigeria (CBN)’s...
Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector
24.10.2021
The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed institutions to legally define the status of digital financial technologies....
Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations
23.10.2021
The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming...
Concierge Service Catering to Crypto Whales Sees 500% Increase in Clients Over the Last 6 Months
19.10.2021
On Tuesday, Concierge.io, the exclusive travel service backed by Travala.com announced it added new luxury services in order to give crypto investors “a more premium experience to live out their travel dreams.” The concierge service for “the crypto world’s elite”...
Crypto lender Nexo confirms NYAG order, calls it a ‘mix up’
19.10.2021
Nexo Financial confirms to be one of the two crypto lending firms to receive the cease and desist order from Attorney General James' office
Charity and Community Focused Project ‘TheFloorNFT’ Announces New Artistic Collectibles on Ethereum
19.10.2021
PRESS RELEASE. The Floor NFT’s are fresh, hand-drawn, non-PFP (Profile Picture), artistic collectibles on the Ethereum Blockchain, crafted with love by DAHR in his pleasing cartoonish art style. Only 7777 provably rare artworks were generated from 150 traits/attributes in order to gather...
St. Louis Fed’s James Bullard Would ‘Support Starting the Taper in November’ to React to Inflation
14.10.2021
St. Louis Federal Reserve president James Bullard told the press on Tuesday that he thinks the U.S. central bank needs to wind down the buying of $80 billion worth of monthly bond purchases. Bullard says he would support tapering starting as early as November, in order to “react to possible...
Q4 Forecasts For Bitcoin Miners; Executive Order on Crypto + More News
11.10.2021
ndex.com/blog/hashrate-index-q3-report-bitcoin-china-ban">said in its report today. The company did not specify if it's in USD or BTC terms. 7-day average revenue from fees was almost USD 900,000 on October 10, per Blockchain.com
USD 1.8M Worth of Crypto & Fiat Remains in Limbo in South Korea
11.10.2021
s of exchanges were forced to close on September 25 after the nation imposed some of the strictest rules in the world on trading platforms. They were forced to obtain information security management system (ISMS) certification from the government’s IT agency in order to offer crypto-to-crypto tradin
Abkhazia Extends Internet Restrictions for Cryptocurrency Miners
9.10.2021
The government in Abkhazia has extended an order prohibiting access to internet sites used by cryptocurrency miners. The measure is part of a wider ban on activities related to the extraction of digital coins that also limits the use of electricity and imports of mining equipment in the breakaway...
Seoul to Hold Firm on Crypto Tax Launch, Suggests NFT Tax May Follow
7.10.2021
dozen or so non-big four crypto exchanges are allowed to go bust.A number of online petitions have called on the government to reverse its bid to begin taxing crypto trading profits at a flat rate of 20% from January 1. Seoul will order tax filings from anyone earning over USD 2,1
DC Comics Aims to Release ‘One of the Largest NFT Drops Ever’ at This Year’s Fandome
30.9.2021
One of the largest and oldest American comic book publishers DC Comics, Inc., has announced the firm has partnered with Palm NFT Studio in order to unleash a large swathe of non-fungible token (NFT) collectibles. The NFT drop will take place during the DC Fandome on October 16 and the NFT art will...
Nigerian Lawmaker Proposes Closure of All Domiciliary Accounts in Order to Save Imperiled Naira
30.9.2021
Nigerian lawmaker Ibrahim Obanikoro has called on Nigerian authorities to “close all domiciliary accounts for the next 12 months.” Such a move, he argues, will help to ease pressure on the naira, which has depreciated by more than 10% in the past two months. The Naira’s...
Regulator is Like a ‘Bulldozer’ but Crypto is ‘Resistant to State Control’
29.9.2021
rel="noopener noreferrer" href="https://www.cftc.gov/PressRoom/PressReleases/8433-21">issued “an order filing and settling charges against respondent Payward Ventures, Inc. d/b/a Kraken […] for illegally offering margined retail commodity transactions in digital assets,” including
Trading Volumes Collapse at Most S Korean Crypto Exchanges, New Restrictions Confirmed
28.9.2021
trading in the past few days – in order to comply with regulators’ new operating permits system.The firms that chose to stay open without fiat KRW markets appear to have paid a huge price. The Chosun Ilbo
Arknights Low Rarity Characters Are Better Than High Rarity Ones
27.9.2021
Arknights, the enormously successful tower defense game, does something special in the crowded field of gacha games: Some of the most common characters in the game can help clear difficult levels that their rarer counterparts can’t. By giving the consolation prize characters unique niches...
Small Business Owners Study Says Los Angeles Ranks the Most Crypto-Friendly City in the US
25.9.2021
A recent study conducted by the online invoicing company that works with small businesses Skynova explains that the city of Los Angeles (LA) is the “most crypto-friendly city in the United States.” Skynova surveyed close to 600 small business owners and top-level executives from...
Kentucky Sends Cease and Desist Order to Crypto Lending Platform Celsius Over Interest-Bearing Accounts
24.9.2021
Six days ago, the securities regulators from New Jersey and Texas cracked down on the cryptocurrency lending platform Celsius. Additionally, the Alabama Securities Commission joined in and filed a cease and desist order against Celsius. Now the state of Kentucky is following suit and has filed...