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Ethereum-Based ‘Cryptoruble’ Token Under Development in Russia
18.9.2022
Developers are working on a “cryptoruble” that, as they say, can improve Russians’ access to global exchanges and be used for cross-border payments. Defi platform Indefibank, which is behind the project, says the token will be pegged to the national fiat but independent from...
US Treasury publishes laundry lists of crypto risks for consumers, national security
16.9.2022
The Treasury Department was downbeat on crypto in two publications produced in response to the president’s executive order on digital asset development issued in March
Binance’s Attempt to Buy Voyager Digital’s Assets Complicated by National Security Concern: Sources
16.9.2022
A Binance spokesman said “xenophobia” is underlying talk of a possible review by a key U.S. government panel that examines foreign takeovers
Digital Euro Must Be Green, Private, And Possibly Capped, National Officials Say
15.9.2022
A leaked paper written by France, Germany and Italy, seen by CoinDesk, seeks to guide the European Central Bank’s plans for the digital currency
Ethiopian Central Bank Restricts Amount of Cash Travelers Can Hold, Sets Foreign Currency Conditions
13.9.2022
According to the National Bank of Ethiopia’s directive, which became effective on September 5, persons entering and departing the country in possession of local currency are now subject to new restrictions. Individuals may not hold local currency whose value exceeds $57.00 or 3,000 birr....
Norwegian central bank uses Ethereum to build national digital currency
12.9.2022
The prototype infrastructure for Norway’s central bank digital currency is based on Ethereum, the Norges Bank officially stated
US Treasury to Recommend Issuing Digital Dollar if in National Interest: Source
8.9.2022
The U.S. Treasury Department will advise the federal government to press forward on work to issue a digital dollar, though it should only take the final step if there’s sign-off that the government-created tokens are in the “national interest,” according to a person familiar with a report emerging...
Sorare Partners With NBA to Build a Licensed NFT Game
8.9.2022
Sorare, a French fantasy game startup, reached an agreement with the National Basketball Association (NBA) to build a non-fungible token (NFT) game under its license, allowing the company to use team names and player likenesses from the league. The company, which had already signed similar...
Japanese Government Presents Local Authorities with NFTs in National First
6.9.2022
Japan’s cabinet has handed out non-fungible token (NFT) awards – in a new first for the nation’s government.
The tokens were distributed to the local government authority winners of a nationwide digitization competition and represent “digital certificates” of achievement, CoinPost...
Ukrainian Police Bust Crypto Call Centers Defrauding Investors Across Europe
1.9.2022
Ukrainian investigators have exposed a scheme targeting residents of the country and the European Union with various financial scams, including some related to cryptocurrencies. The criminal organization members contacted their victims through call centers to collect personal financial information....
British National Accused in OneCoin Scam Set to Face US Extradition: Report
31.8.2022
Christopher Hamilton, a Briton accused of money laundering and wire fraud in the $4 billion OneCoin scam, has lost his bid to avoid extradition to the United States on Tuesday. UK District Judge Nicholas Rimmer rejected Hamilton's defence that he should be tried in the UK since the fraud...
Report: Ethiopia-Based Crypto Service Providers Told to Register With the Country’s Cybersecurity Agency
28.8.2022
Cryptocurrency service providers operating in Ethiopia are now required to register with the country’s cybersecurity agency known as the Information Network Security Administration (INSA), a report has said. According to the agency, legal measures will be applied to crypto entities that fail...
Latvian Extradited to US for Wire Fraud Involving Crypto Investments
28.8.2022
A Latvian national has been handed over to the United States where he is accused of fraud through several companies offering false crypto investment opportunities. Ivars Auzins will appear in a federal court in Brooklyn to face multiple charges of wire and securities fraud. Latvian Authorities...
Report Claims Russia and Iran Plan to Establish a Global Gas Cartel, Moscow to Launch Its Own Precious Metals Exchange
26.8.2022
Following Russian president Vladimir Putin’s statements at the end of June that indicated members of the BRICS nations have formalized plans to create a new “international reserve currency,” Russia is reportedly building the foundations of a global gas cartel with Iran....
Venezuelan Bolivar Plunges as Central Bank Stops Intervening and Public Spending Rises
26.8.2022
The exchange rate of the Venezuelan bolivar, the national fiat currency of the country, has plunged 35.51% against the U.S. dollar this week as a result of various factors, reaching 8.70 bolivars per U.S. dollar. According to economists, this will cause an increase in prices in the near future...
Qatari National Blockchain Blueprint Spotlights Benefits of the Technology to Country’s Economy
19.8.2022
Qatar’s recently released “National Blockchain Blueprint” has suggested that the technology, combined with a “solid regulatory framework,” can help the country build an innovative information technology (IT) sector. However, for this to happen, Qatar must...
Russian Accused of Laundering Cryptocurrency From Ransomware Attacks Extradited to US
18.8.2022
A Russian national suspected of laundering ransomware payments in cryptocurrency on behalf of cybercriminals targeting hospitals has been extradited to the U.S. by the Netherlands. The man was allegedly involved in the criminal activity for a period of three years before his arrest in Amsterdam...
Colombia to prevent tax evasion with national digital currency: Report
17.8.2022
A national digital currency would help curb tax evasion in Colombia, which is estimated at up to 8% of GDP, the head of Colombia’s tax and customs agency said
The Reserve Bank of Australia to explore use cases for CBDC
9.8.2022
The pilot project will last a year, and the details for potential participants will be published in the next few months
We Are SG Minting Begins to Celebrate Singapore National Day
8.8.2022
We Are SG, also known as WASG, is being launched by GERMS Digital to celebrate Singapore National Day 2022. The NFT collection features 9,822 NFTs that Singaporeans have created. The NFT collection depicts everyday Singaporean activities like national service men and delivery drivers. Out of...