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Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation
3.3.2022
A text threatening to prohibit cryptocurrencies relying on energy-intensive proof-of-work mining has been deleted from the draft legislation aimed at regulating the European crypto space. The move comes after the controversial provision sparked objections from the crypto community. MiCA Proposal...
Washington, Europe Vow to Target Russian Crypto Sanctions Evasion Efforts
3.3.2022
The next round of sanctions against Russia and wealthy individuals based in the country could target crypto and crypto exchanges, with Washington already taking aim at those hoping to secure their funds by making bitcoin (BTC) and altcoin buys....
Read More: Washington, Europe Vow to Target...
EU is ‘taking measures’ against Russia using crypto to bypass sanctions, say finance ministers
2.3.2022
“When it comes to economic and financial sanctions, we want to remain flexible and mobilized,“ said France’s finance minister, Bruno Le Maire
G7, EU Working on Russia's Crypto Isolation, Shareholders vs. ConsenSys + More News
2.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: G7, EU Working on Russia's Crypto Isolation, Shareholders vs. ConsenSys + More News
Top Russian Bank Quits Europe, Citing Sanctions: Report
2.3.2022
Sberbank, one of Russia's largest state-controlled banks, is dropping out of almost all European markets citing Western sanctions
Crypto Exchange-Traded Products Are Blossoming in Europe
1.3.2022
Europe is seeing an increase in the number of issuers launching crypto ETPs as more investors are doing due diligence and choosing to invest in crypto
EU Commission to remove Russian banks from SWIFT cross-border network
27.2.2022
While condemning the Russian president Vladimir Putin’s move to lay siege across Ukraine, the EU Commission committed to undertake a series of measures to isolate Russia from the international financial system
China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims
26.2.2022
Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels...
'Ghost Of Kyiv' Fighter Pilot Blowing Up Russian Aircraft In Trending Clip Actually From Video Game
26.2.2022
A clip of a Ukrainian fighter jet blowing up a suspected Russian aircraft started trending on social media yesterday. Many believed it was proof of the exploits of a mysterious and unverified ace pilot called the “Ghost of Kyiv.” It was actually fake footage from the 2013 PC game, Digital Combat...
European Parliament to Cancel Vote on Crypto Assets Framework
26.2.2022
The European Parliament will not hold a planned vote on crypto regulations after texts that can be interpreted as an attempt to ban coins with energy-intensive mining sparked negative reactions. The lawmaker leading the legislative effort says the matter needs clarification before MEPs can have...
European Parliament postpones crypto bill vote over proof-of-work
25.2.2022
“It is crucial for me that the MiCA report is not misinterpreted as a de facto Bitcoin ban,” said Stefan Berger
Web 3 Infrastructure Startup Aligned Exits Stealth With $34M in Funding
24.2.2022
The company was founded by former ConsenSys Chief Strategy Officer Sam Cassatt
Ukraine Game Developers Respond To Russian Invasion
24.2.2022
Last night Russian tanks moved across the border into Ukraine. The invasion saw bombings near the capital Kyiv and elsewhere, with the ensuing fighting leading to the deaths of over 40 Ukrainian soldiers, The New York Times reports. The attacks come after months of escalating rhetoric and build...
Blockchain Infrastructure Startup InfStones Raises $33M in Series B Funding
24.2.2022
InfStones is among a crop of firms aiming to become the Amazon Web Services of Web 3
Crypto Settlement Startup Zebec Gets $15 Million to Craft Programmable Cash Stream Payments
24.2.2022
The multi-signature treasury management and settlement startup Zebec has revealed the company has raised $15 million in order to bolster a continuous and programmable cash stream protocol on the Solana blockchain. Zebec says the company aims to be the “payment solution for DAOs, crypto...
Regional Interest in Bitcoin Sees an Uptick as Russia Invades Ukraine
24.2.2022
As Russia launched its military attack on Ukraine amid an international outcry, a number of fiat currencies from Central and Eastern Europe tumbled, while users’ interest in bitcoin (BTC) somewhat increased across the broader region.
In the aggressor’s market, the Moscow Exchange stock exchange...
EU Members Want to Task New AML Watchdog With Crypto Oversight, Report Unveils
24.2.2022
A group of EU nations have reportedly been lobbying to entrust oversight of the crypto space to a new anti-money laundering (AML) agency. Behind the move are concerns that companies dealing with digital assets can be engaged in the processing of illicit funds. Germany Leads Push to Place Crypto...
EU members reportedly plan for AML watchdog to oversee crypto firms by 2024
23.2.2022
"It is key that the scope of the new EU authority explicitly includes crypto-assets," said Luis Garicano, a member of the European Parliament
Congo Based Startup Jambo Raises $7.5 Million in Seed Funding Round
23.2.2022
A Congo-based Web3 app developer, Jambo, recently said it raised $7.5 million in a seed funding round. According to a report, the startup’s successful seed round is the latest by an Africa-based firm that is working towards developing Web3. Startup’s Partnership With Social Media...
Germany-Led Group Wants a New EU Watchdog to Regulate Crypto Firms
23.2.2022
The European Union is planning to dote its planned anti-money laundering and terrorist financing watchdog with powers related to oversight over cryptoasset businesses, according to "people familiar with the matter." The designed authority is to be launched in 2024 and become fully operational...