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Rwanda Government Orders Banks to Stop Facilitating Crypto-Related Transactions
14.2.2023
According to the National Bank of Rwanda, the country’s regulated financial services providers are now prohibited from facilitating crypto-related transactions. In her Jan. 31 letter justifying the decision, the acting governor Soraya Hakuziyaremye cites the unregulated status of most crypto...
Sam Bankman-Fried’s Super Bowl VPN Use Prompts Government Concern
14.2.2023
The former FTX chief has being using privacy tools which prosecutors worry could be used to access the dark web
Income Tax Applies to Crypto Trading in Bosnia, Tax Administration Says
13.2.2023
Individuals are expected to pay income tax on gains from cryptocurrency trading, the tax authority of Bosnia has determined. In the absence of dedicated regulations, the federal government in Sarajevo has set up a working group to assess various risks associated with digital assets. Income Tax...
Ark Invest on $1.4M BTC, Possible Julian Assange-Linked File on Bitcoin Blockchain — Week in Review
12.2.2023
Investment management firm Ark Invest has offered three bitcoin price predictions in a new report, including a bull scenario where bitcoin could reach $1.48 million per coin. In other news, a 7zip file possibly linked to activist Julian Assange was reportedly discovered in the Bitcoin blockchain...
Chinese Government Sets Sights on Blockchain Future with New Center – Here's What You Need to Know
12.2.2023
China has launched a state-backed research center dedicated to exploring blockchain’s potential and achieving core technological breakthroughs related to the technology. ...
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IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed
12.2.2023
According to a recent mission statement published by the International Monetary Fund (IMF), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks have not materialized due to the limited use of bitcoin. However, the United Nations financial...
Daily Raids on Crypto Farms as Abkhazia Intensifies Mining Crackdown
12.2.2023
Authorities in Abkhazia are stepping up efforts to clamp down on cryptocurrency mining amid electricity shortages in the winter months. The government of the breakaway Georgian region announced it’s also taking measures to prevent imports of mining equipment. Abkhazia Creates Headquarters to Combat...
El Salvador’s ‘limited’ use of Bitcoin prevents forecasted risks, says IMF
12.2.2023
The IMF has suggested that El Salvador “reconsider” its plans for Bitcoin, following a recent visit to the country
Chinese Government Launching National Blockchain Innovation Center
12.2.2023
The Chinese government is setting up a national blockchain innovation center in Beijing to focus on industrial applications and major use cases of blockchain technology, particularly those related to the Chinese economy. China Establishing New Blockchain Center China’s Ministry of Science...
State-backed Crypto Mining Farm under Construction in Russia’s Buryatia
11.2.2023
A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is already underway, carried out by a subsidiary of Russia’s largest mining operator, Bitriver. Bitriver...
Are the Remaining Crypto Giants Staring Down the Barrel of the US Government’s Gun?
10.2.2023
The latest action from the U.S. Securities and Exchange Commission (SEC) against Kraken is probably only the first stirring of a U.S. government campaign to come for the major remaining crypto exchanges, according to industry lawyers, consultants and former regulators
Russian Government Says It Won’t Rush into Crypto-powered Trade with Iran
10.2.2023
The Russian government has said it is exploring the notion of using crypto in trade deals with Iran – but will not be hurried into action.
Per RIA Novosti, Moscow wants to put a “clear regulatory framework” into place before allowing Russian firms to do business with Tehran in crypto....
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Banks under pressure from U.S. authorities to cut ties with crypto firms
9.2.2023
Banks are allegedly being discouraged from offering services to the crypto industry by United States authorities
Crypto and securities: New interpretation of US Howey test gaining ground
9.2.2023
Lewis Cohen headed a team researching Howey-related case law to propose an application that differentiates between primary and secondary transactions
Russian government subsidies crypto mining facility in Siberia
9.2.2023
The facility, which is to open this year, will possess 30,000 crypto mining machines, hire 100 workers and consume 100 megawatts from the power grid
Celsius’ Proposed Extension for Wind-Up Opposed by Creditors, US Government
9.2.2023
Plans to transform the bankrupt crypto lender into a “recovery corporation” are not a done deal, and the estate could still be liquidated, legal filings warn
Crypto Council for Innovation GC to testify at US Senate 'crypto crash' hearing
8.2.2023
Linda Jeng will appear as a witness alongside law professor Yesha Yadav and Duke Financial Economics Center policy director Lee Reiners
Crypto and psychedelics: Clarifying regulations could help industries grow
8.2.2023
It’s a long road to federal legalization, but opposition to psychedelics is waning at the state level and Capitol Hill
Elementus Raises $10 Million to Bring Clear Blockchain Analytics to Institutional Customers
8.2.2023
Elementus, a New York-based blockchain firm, has raised $10 million as part of its Series A-2 funding round, led by Web3 VC company Parafi Capital. The raise, which values the company at $160 million, aims to allow Elementus to keep improving its processes for providing effective and sound...
FBI Faults North Korean Government For $100M Crypto Heist
6.2.2023
The Federal Bureau of Investigation (FBI) has blamed a cyber-attack group backed by the government of North Korea for its role in a $100m crypto heist reported on 24 June 2022. The funds mainly in Ethereum (ETH) were stolen from Harmony's Horizon bridge....
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