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Worldcoin Pulls Out Of Numerous Countries Amid Data Privacy Concerns, Technological Challenges
17.3.2022
Major crypto exchange Coinbase-backed startup Worldcoin has decided to stop operations in at least seven countries as a result of intensifying logistics challenges that are impacting the company’s launch plans.
The company is advancing a project to distribute crypto to every person on...
Inflation Worries Top Concerns Before Fed Meeting, Spur Musk Comment
14.3.2022
Surging prices for food, energy and housing have sent inflation in the U.S. to a four-decade high
Upcoming AML Regulations in Estonia to Affect Cryptocurrency Industry
12.3.2022
Estonia is preparing to enforce a set of new anti-money laundering rules that will stiffen requirements for crypto companies operating under Estonian license. The changes come amid concerns that Russia may use crypto to evade western sanctions and an ongoing audit of the Baltic nation’s...
Chainalysis Launches Screening Tools Designed to Prevent Sanctions Evasion
11.3.2022
Blockchain forensics company Chainalysis is launching two tools that will allow crypto companies to deny sanctioned persons and entities access to their platforms. The move comes amid concerns that Russia may use cryptocurrencies to evade sanctions imposed due to its invasion of Ukraine....
Report: Estonian Prime Minister Calls for Restriction of Cryptocurrencies
10.3.2022
The Prime Minister of Estonia has said cryptocurrencies must be restricted in order to address loopholes that may be used by sanctioned Russian entities to evade the punitive measures. In addition, the premier wants all Russian as well as Belarusian banks to be removed from the global payment...
Bitcoin price rejection at $39K and mounting regulatory concerns tank the market again
7.3.2022
BTC price rejects near $40,000 as investors balk at an upcoming Biden administration executive order on crypto regulation
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
Fantom FTM's Loss Eases as Foundation Soothes Investor Concerns
7.3.2022
Fantom ecosystem tokens and value locked on DeFi protocols have dipped in the past 24 hours
Binance, Coinbase Explain Why Cryptocurrency Won’t Help Russia Evade Sanctions
7.3.2022
The chief executives of two major cryptocurrency exchanges, Binance and Coinbase, do not believe that cryptocurrency is an effective tool to help Russia evade Western sanctions. CEOs of Binance and Coinbase Say Crypto Not Useful at Evading Sanctions Since Russia began its invasion of Ukraine...
Singapore to Impose Restrictions on Russian Financial and Crypto Transactions
6.3.2022
In a rare move, Singapore is going to introduce restrictions on certain Russian financial transactions and crypto operations aimed at evading sanctions. The decision comes amid officially expressed concerns that Moscow’s invasion of Ukraine is a threat to the security of small states around...
US Treasury Monitoring Crypto Use to Evade Sanctions, Says Treasury Secretary Yellen
4.3.2022
U.S. Treasury Secretary Janet Yellen says the Treasury Department is monitoring Russian efforts to evade sanctions using cryptocurrency. Four U.S. senators have written to Yellen raising concerns about Russia using cryptocurrency as a channel to circumvent sanctions. Treasury Secretary Janet Yellen...
Experts reject concerns Russia will use crypto to bypass sanctions: 'Totally unfounded'
2.3.2022
Blockchain Association's Jake Chervinsky believes politicians should not be worried that Russia may use crypto to get around economic sanctions because it is not feasible at the scale required
Ukraine Bitcoin exchange volume spikes 200% as Russia war sparks currency concerns
25.2.2022
Kuna, a long-running native crypto exchange, sees a swift change in client activity amid currency controls and the hryvnia at all-time lows
EU Parliamentarians Push to Limit Bitcoin Use Over Energy Concerns
24.2.2022
A draft regulatory package calls for the restriction of cryptocurrencies that use proof-of-work consensus mechanisms
EU Members Want to Task New AML Watchdog With Crypto Oversight, Report Unveils
24.2.2022
A group of EU nations have reportedly been lobbying to entrust oversight of the crypto space to a new anti-money laundering (AML) agency. Behind the move are concerns that companies dealing with digital assets can be engaged in the processing of illicit funds. Germany Leads Push to Place Crypto...
Terra avoids Ukraine concerns rallying 18% in three days — Can LUNA price reach $200 next?
23.2.2022
Jump Crypto and Three Arrows Capital bought $1 billion worth of LUNA tokens recently
Concerns over Fed nominee may stop Senate from confirming Biden's picks: report
15.2.2022
Republicans are reportedly calling for a boycott of voting on nominees to the Federal Reserve related to allegations Sarah Bloom Raskin lobbied the president of the Kansas City Fed on behalf of fintech firm Reserve Trust
RBI: Cryptocurrency Is a Big Threat to Macroeconomic and Financial Stability in India
10.2.2022
The governor of India’s central bank, the Reserve Bank of India (RBI), has reiterated his concerns that cryptocurrency is a “big threat” to the country’s financial and macroeconomic stability. He also warned investors of the risks of investing in crypto, stating this...
Religious services move to metaverse amid COVID-19 concerns
9.2.2022
According to DJ Soto, the future of churchgoing is in the metaverse because "it reaches people who can't physically go to church."
SEC Commissioner: New Proposal Could Give SEC Expansive Power to Regulate Crypto, Defi Platforms
4.2.2022
A commissioner with the U.S. Securities and Exchange Commission (SEC) has voiced concerns regarding a new proposal that could give the securities regulator new powers to regulate cryptocurrency platforms and decentralized finance (defi) protocols. New SEC Proposal Could Hurt the Crypto Industry...