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Demand for Hardware Crypto Wallets Increases Amid Currency Restrictions in Russia
7.7.2022
Hardware wallets designed to securely store cryptocurrency have seen a several-fold increase this spring in Russia, on the backdrop of currency restrictions introduced amid foreign sanctions. Ledger and Tangem have been the most popular products on the market, a media report revealed. Russians...
HM Treasury changes course on collecting data around unhosted crypto wallets
20.6.2022
“There is not good evidence that unhosted wallets present a disproportionate risk of being used in illicit finance,” said the Treasury update
Middle East Crypto Exchange Coinmena Enters the Qatari Market, Regulator Says No Institution Licenced
23.5.2022
Coinmena, the Bahrain-based cryptocurrency exchange, recently announced that residents of Qatar can now buy and sell cryptocurrencies on its platform. The cryptocurrency exchange claimed it is the first regulated digital asset exchange to open its platform to Qatari residents. Residents Can...
Blue Studios, Unstoppable Domains Roll Out Family Crypto Wallets
12.5.2022
In addition to the wallet product, the two companies are launching a Family DAO product
Bankoff’s Crypto Wallets Nearly Empty After Virtual Debit Card Provider Folds
5.5.2022
The Delaware-registered company said Visa and Stripe cut it off for serving too many Russians, but on-chain data has stoked users' suspicions
Bitcoin Brink’s: Storied Security Firm Protects Crypto Wallets Now
5.5.2022
Brink’s is working with Swiss crypto custody firm Metaco to facilitate the distributed storage of disaster recovery backups
Robinhood Opens Crypto Wallets to 2M Clients, Bets on Global Bitcoin Remittances
29.4.2022
Earlier this month, the US online trading platform Robinhood provided about 2m customers from its waitlist with crypto wallets, and this week completed the full roll-out of this functionality to all clients, the company said on the occasion of the release of its results for the first quarter...
Argent Raises $40M to Make Crypto Wallets Easier to Use
28.4.2022
The company's non-custodial wallet lets users take control without needing to remember a complicated seed phrase
Russian Bankers Suggest Criminalizing Crypto Storage in Non-Custodial Wallets
20.4.2022
Keeping cryptocurrencies in non-custodial wallets may be criminalized in Russia, if authorities accept a proposal from the trade association representing Russian banks. While financial regulators think the idea deserves attention, lawmakers and experts doubt it’s possible to implement such...
Russian bankers reportedly want to outlaw noncustodial crypto wallets
18.4.2022
The Association of Banks of Russia has previously collaborated with Binance as part of its expert center focused on crypto regulation
Dfns Raises $13.5M to Build Out Password Protection for Crypto Wallets
13.4.2022
The French cybersecurity startup raised $13.5 million in seed funding to expand its product securing the digital assets of fintech companies and banks
EU Bans High-Value Crypto Services to Russia in New Round of Sanctions
10.4.2022
European institutions are closing crypto loopholes for Russia with the latest package of penalties imposed by the EU over Moscow’s aggression against Ukraine. The new sanctions prohibit the provision of “high-value” crypto-asset services to Russian entities and residents....
Robinhood Crypto Wallets Rolled Out to Over 2 Million Customers
8.4.2022
Trading platform Robinhood has rolled out its new crypto wallets to more than two million customers. In addition, Robinhood CEO Vlad Tenev announced that the platform will integrate with the Lightning Network “to bring even lower costs to our customers.” More Than 2 Million Users...
EU Lawmakers Back Regulation Threatening Unhosted Crypto Wallets, Defi Space
1.4.2022
Members of the European Parliament have approved a controversial regulation that could undermine the decentralized finance (defi) sector in the EU. Some of its provisions, which are yet to be coordinated with other European institutions, aim to introduce restrictive measures for transactions...
Ukraine’s Government Launches ‘Museum of War’ NFT Collection
26.3.2022
The Ukrainian government has launched a “Museum of War” non-fungible token (NFT) collection. All sale proceeds will go directly to the official crypto wallets of the Ministry of Digital Transformation of Ukraine to support the army and civilians, according to the museum website set...
Facebook Owner Meta Files 8 Trademark Applications Covering Metaverse, Crypto Services
25.3.2022
Meta Inc., formerly Facebook, has filed eight trademark applications relating to a wide range of crypto services and the metaverse. They include cryptocurrencies, crypto trading, blockchain software, crypto wallets, and crypto exchanges. Meta’s Trademark Filings Cover a Range of Crypto...
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....
WalletConnect Raises $11M to Let Crypto Wallets Talk to Each Other
8.3.2022
Union Square Ventures and 1kx co-led the round at an undisclosed valuation
Report: Israel Defense Ministry Seized Crypto Wallets Holding Hamas-Destined Funds
1.3.2022
Israel’s Defense Ministry seized cryptocurrency wallets holding funds that were destined for Hamas, a report has said. The wallets belonged to businesses that are associated with Al’matchadun currency exchange, which itself is accused of helping to funnel funds to Hamas. Seizure Order...
Ukraine Targets Russian Politicians’ Crypto Wallets as Russian Banks Are Cut From SWIFT
28.2.2022
Ukraine is now trying to expose cryptocurrency wallets used by politicians in Moscow amid warnings that Russia may employ digital coins to circumvent sanctions. The initiative comes as western allies agree to expel some Russian banks from SWIFT, the global interbank payments system. Government...