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EU Regulators Warn Crypto Unsuitable as Investment or Means of Payment for Most Retail Consumers

Several European regulators have issued a joint warning on crypto assets. “These assets are not suited for most retail consumers as an investment or as a means of payment or…

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Crypto Assets Can Help Russia Return to Global Financial Market, Lawmaker Says

Digital financial assets like cryptocurrencies can help Russia to reach the global financial market despite western sanctions, a lawmaker working on crypto regulations has stated. The official believes the country…

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President Zelenskyy Signs Ukraine’s Law ‘On Virtual Assets’

President Volodymyr Zelenskyy has signed the law “On Virtual Assets” which aims to regulate the crypto market in Ukraine. The approval comes as his country is increasingly relying on cryptocurrency…

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MiCA Amendments Proposed Last Minute Revive Threat of EU Ban on Bitcoin, Report Reveals

Changes to the EU’s MiCA proposal to regulate crypto markets, suggested shortly before a vote on the package, indicate a bitcoin ban is still a possibility. Despite recently removing wording…

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Privacy Crypto Assets XMR, ZEC See Double-Digit Gains Amid Tightened Global Economy

Over the last week, the United States and president Joe Biden’s administration tightened sanctions against Russia a great deal. The U.S. banned Russian energy imports, a number of other types…

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Chainalysis Launches Screening Tools Designed to Prevent Sanctions Evasion

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…

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EU Targets Crypto Assets in Widened Sanctions Against Russia, Belarus

The European Union is extending the scope of sanctions introduced in response to Russia’s invasion of Ukraine, with the latest agreement between member states specifically mentioning crypto assets. Russian oligarchs,…

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Price of Gold Spikes Over $2,060 per Ounce While Risk Assets Continue to Capitulate

On Tuesday, the price of gold soared to new heights as an ounce of the precious metal surpassed $2K per ounce during the early morning trading sessions (EST). Hours later,…

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Coinbase Blacklists Over 25,000 Crypto Addresses Tied to Russian Individuals and Entities

The cryptocurrency exchange Coinbase has addressed the company’s procedures toward complying with sanctions in a blog post published on Sunday. The crypto firm says that respecting sanctions plays a “vital…

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