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Crypto Community Erupts Over Ethereum Foundation Member’s Arrest


On Friday the United States Attorney’s Office for the Southern District of New York (SDNY) announced the arrest of Ethereum Foundation member Virgil Griffith for allegedly “assisting North Korea in evading sanctions” by teaching “his audience how to use blockchain...

Attorney Fees Stack up as Craig Wright Fights Court Order


During the last week, court documents stemming from the Kleiman v. Wright lawsuit show that the Kleiman estate is now pursuing roughly $658,581 for attorney fees and expenses. Additionally, self-proclaimed Bitcoin inventor Craig Wright has filed a motion to fight the sanctions imposed on half...

Turkey Becomes the Latest Nation to Work on Digital Fiat


Trade wars, sanctions, fear from private and decentralized cryptocurrencies. Regardless of the motive, a number of governments have recently taken the path of creating their own digital money. Turkey has become the latest country to announce plans for the issue of a “blockchain-based”...

Turkey Throws Another Wrench Into the USD’s Works and Joins Russian Swift


The dominance of the U.S. dollar as the global reserve currency is being robustly challenged on all fronts. Other geopolitical powers and smaller but important players are unwilling to accept the political influence Washington exerts through its fiat money. And in times of trade wars, sanctions...

Russia Regulates Digital Rights, Advances Other Crypto-Related Bills


After much deliberation in the past months and years, Moscow has recently taken important steps toward regulating the crypto space. These are part of the efforts to open the way for the development of the Russian digital economy. The country, heavily dependent on energy exports and hurt by Western...

How North Korea Uses Cryptocurrencies to Get Around U.S. Sanctions


North Korea has always been under suspicion for either being involved with some notorious projects or for directly or indirectly funding weapons of mass destruction using digital currencies. Recently, the country was accused of stealing cryptos worth $2 billion to support the development of deadly...

Iran Is Being Targeted for Economic Independence, Not Terrorism


New, unprecedented economic sanctions have been imposed on Iran’s central bank after blame for a September 14 oil field attack was pinned on the nation by U.S. leaders. The sanctions blacklist the Iranian central bank and sovereign wealth fund, further severing the country’s already...

North Korea Plans to Launch Cryptocurrency to Bypass Economic Sanctions


A North Korean official claims that a Democratic People’s Republic of Korea (DPRK) cryptocurrency is on the horizon. According to a delegate for the Committee for Cultural Relations, Alejandro Cao de Benós, the country plans to forge a token backed by a physical commodity like gold...

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