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Russian Crypto Seizure, Crypto.com Enters New Ring + More News

7.7.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ______ Regulation news Russia’s Prosecutor-General Igor Krasnov has claimed that the government is preparing new legislation that will allow...

Korean Banks Elevate Cybersecurity to Deal With Crypto-Related Risks

7.7.2021
South Korean banks are taking steps to bring cybersecurity to a new level as they try to keep up with fintechs and address new threats arising from their interaction with the crypto space. A number of institutions are adopting unprecedented measures including the integration of blockchain...

Spanish Congress Passes Antifraud Law: Users Will Have to Disclose Crypto Holdings Inside and Outside Spain

7.7.2021
The Spanish Congress has approved the antifraud law that was amended last month by the senate. Spanish citizens must now inform about their crypto holdings even outside the country. The new law further establishes severe fines for citizens who fail to share this information with authorities....

Crypto Derivatives Exchange Bybit to Introduce Stringent KYC Policy

7.7.2021
The British Virgin Islands-based Bybit Fintech Limited has announced the cryptocurrency derivatives exchange is introducing an updated know-your-customer (KYC) policy on July 12. Bybit notes that it already had certain KYC requirements implemented, but the new system reform is meant...

Ukraine’s Monobank to Allow Customers to Trade Bitcoin

7.7.2021
Monobank, a mobile bank operating in Ukraine, has announced new products and services that will allow users to trade cryptocurrencies and stocks. One of the offerings includes a bitcoin card which the online banking platform is going to launch as early as this month. Monobank to Offer Users Bitcoin...

GameStop's New Discord Haunted By Gamers, Stonk Bros

7.7.2021
GameStop decided to meet the gamers where they live today, opening a new Discord server where thousands are coming together under the enriching banner of a video game retailer. The community launched without a filter, as evidenced by a torrent of the n-word flooding chat on Tuesday night....

Chinese banks tell staff to recruit up to 300 new digital yuan users each

7.7.2021
Six of China’s top banks have tasked their employees with promoting digital yuan wallets to between 200 to 300 people a year

Allied Payment Network Embeds Bitcoin Service, Will Hold BTC in Corporate Treasury

7.7.2021
Payment service provider Allied Payment Network has partnered with New York Digital Investment Group, the bitcoin subsidiary of $10 billion asset manager Stone Ridge. Financial institutions using Allied’s platform will be able to offer their customers the option to buy, sell, and hold...

World’s Longest-running Manga to Focus on Crypto in New Series

7.7.2021
The cover of the 201st volume of popular Japanese manga series \"Golgo 13.\" (Copyright Takao Saito, Saito Production, Leed Publishing Co./Kyodo) Media producers’ fascination with the world of crypto continues to intensify – with another new manga series devoted to cryptoassets and a crypto-themed...

Financial Watchdog FinCEN Recruits First-Ever Chief Digital Currency Advisor

7.7.2021
Following the Financial Crimes Enforcement Network (FinCEN) explaining the misuse of cryptocurrencies is a national priority last week, the bureau announced on Tuesday it hired its first-ever chief digital currency advisor. FinCEN’s acting director Michael Mosier detailed that Michele Korver...

You Can Buy The New Nintendo Switch OLED Model's Dock Separately

7.7.2021
Nintendo’s new Switch model has most of its improvements, like a bigger and better screen, on the unit itself. But its dock has also been upgraded with a new look and more features, and Nintendo says that if you only want that, and not a whole new system, then you can buy it separately.Read more

Microsoft’s New All Access Ad Is Black As Hell

6.7.2021
Eager to snatch a piece of the Nintendo Sw-oled attention (or just a cosmic coincidence brought on by most of the U.S. returning from a holiday break) Xbox released a new marketing campaign for its All Access program that’ll appeal to connoisseurs of ‘90s R&B.Read more

NYPD Game Truck Wants Kids To Forget Cops Are Bastards

6.7.2021
Over the July 4 weekend, WNYC reporter Gwynne Hogan shared a photo of the New York City Police Department’s latest attempt at community outreach. The largest local law enforcement agency in the United States plans to launch a game truck full of consoles to seemingly entice children into spending...

The New Nintendo Switch OLED Doesn't Need 4K, Let's Be Real

6.7.2021
For ages now, we’ve been hearing reports of an upgraded “Nintendo Switch Pro” that would, among other things, allegedly display games at 4K resolution. Tuesday morning, Nintendo surprised everyone by finally unveiling their next Nintendo Switch model, and while there are indeed improvements, they...

DAI at 1xBit. New Stable Coin – Your Next Ride!

6.7.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists. Meet DAI at 1xBit - an Ethereum-based stable coin with its value of 1 USD, the key in the MakerDAO lending system. MakerDAO develops technology and resources for borrowing, lending, and saving money using...

Six New Xbox Game Pass Games To Try In July

6.7.2021
If you’re someone who likes to play games buffet-style via Microsoft’s video game-flavored answer to Netflix, you’ve got a lot to look forward to: a smart TV app, the ability to play next-gen games on Xbox One, the dawning of an era in which, for better or worse, this is the only way anybody plays...

The New OLED Switch Wasn't What Anyone Was Hoping For

6.7.2021
For the past couple of years, Nintendo fans have been eagerly awaiting news of a new, more powerful version of the Nintendo Switch. We’ve been expecting a more robust Switch, capable of running games at faster frame rates and higher resolutions than ever before. The Switch (OLED Model) Nintendo...