Auto Added by WPeMatico

Treasury Official Confirms Crypto Isn’t a Popular Tool for Terrorists — Says They ‘Prefer Traditional Products’

U.S. Department of the Treasury’s Under Secretary Brian E. Nelson has confirmed that terrorists’ use of crypto remains a small fraction of more established mechanisms to move money. He also…

Continue ReadingTreasury Official Confirms Crypto Isn’t a Popular Tool for Terrorists — Says They ‘Prefer Traditional Products’

Ukraine’s Government-Provided Crypto Addresses Raised $70 Million During War, Report

Crypto donations collected by the government in Kyiv since the start of the Russian invasion have amounted to almost $70 million, according to Chainalysis. Ether has been the most donated…

Continue ReadingUkraine’s Government-Provided Crypto Addresses Raised $70 Million During War, Report

Ukraine’s Deputy Digital Minister Rejects ‘FTX-Democrats Narrative’

Claims that Ukraine has invested military aid into the bankrupt crypto exchange FTX have been rebutted by a representative of the Ukrainian government. Speculation circulated on social media suggested such…

Continue ReadingUkraine’s Deputy Digital Minister Rejects ‘FTX-Democrats Narrative’

Pro-Russian Groups Raised $400,000 in Crypto Since Ukraine Invasion, Report Reveals

Groups supporting Russia’s war effort in Ukraine have been actively collecting cryptocurrency to fund paramilitary operations and evade sanctions, researchers say. According to a new report, these organizations use Telegram…

Continue ReadingPro-Russian Groups Raised $400,000 in Crypto Since Ukraine Invasion, Report Reveals

Chainalysis Report Says $2.2 Million in Crypto Has Been Sent to Pro-Russian Groups in Ukraine

According to a report stemming from the blockchain intelligence company Chainalysis, the firm identified 54 pro-Russian groups that have “collectively received over $2.2 million worth of cryptocurrency.” The paramilitary groups…

Continue ReadingChainalysis Report Says $2.2 Million in Crypto Has Been Sent to Pro-Russian Groups in Ukraine

UAE Charitable Foundation Receives Approval to Accept Crypto Donations

Al Jalila Foundation, the United Arab Emirates charitable organization, recently announced that it has been given permission to accept cryptocurrency donations. Accepting cryptocurrencies makes it possible for the foundation to…

Continue ReadingUAE Charitable Foundation Receives Approval to Accept Crypto Donations

Ukraine’s New Fundraising Platform Accepts Crypto, Allows Donors to Allocate Funds

United24, a new fundraising platform announced recently by Ukrainian President Volodymyr Zelenskyy, accepts a number of cryptocurrencies, alongside traditional payment methods. The initiative also permits donors to choose how their…

Continue ReadingUkraine’s New Fundraising Platform Accepts Crypto, Allows Donors to Allocate Funds

Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies Allegations

Cryptocurrency exchange Binance has been accused in a media report of agreeing to provide user data to Russia’s financial watchdog. The trading platform has refuted the allegations. It also insists…

Continue ReadingReport Says Binance Shared Client Data With Russia, Crypto Exchange Denies Allegations