Auto Added by WPeMatico

Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists

The spread of cryptocurrencies brings significant risks for Russia’s economy, financial stability, and national fiat, the monetary authority in Moscow has reiterated. The central bank has reaffirmed its hardline stance…

Continue ReadingCryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists

Iran Will Not Allow Crypto Payments, Prepares to Pilot Digital Rial

Iran will not recognize cryptocurrencies as a means of payment, a high-ranking government official has indicated. His statement came as the Central Bank of Iran announced rules for the issuance…

Continue ReadingIran Will Not Allow Crypto Payments, Prepares to Pilot Digital Rial

Crypto Exchanges Binance and Whitebit Offer Help for Ukrainian Refugees

The global crypto community has actively supported humanitarian efforts in Ukraine and two crypto exchanges are also looking to help Ukrainian refugees abroad. Binance, the largest coin trading platform, and…

Continue ReadingCrypto Exchanges Binance and Whitebit Offer Help for Ukrainian Refugees

Russian Finance Ministry Amends Bill ‘On Digital Currency,’ Adds Crypto Mining Provisions

The Ministry of Finance of the Russian Federation has revised a draft law designed to regulate the country’s crypto space, introducing provisions for cryptocurrency mining. The bill has been resubmitted…

Continue ReadingRussian Finance Ministry Amends Bill ‘On Digital Currency,’ Adds Crypto Mining Provisions

EU Bans High-Value Crypto Services to Russia in New Round of Sanctions

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…

Continue ReadingEU Bans High-Value Crypto Services to Russia in New Round of Sanctions

Derivatives Exchange Giant CME Group Adds 11 New Cryptocurrency Reference Rates

Global markets company and Chicago-based derivatives exchange CME Group plans to launch 11 new reference rates tied to specific crypto assets. The reference rates and real-time indices bolstered by CF…

Continue ReadingDerivatives Exchange Giant CME Group Adds 11 New Cryptocurrency Reference Rates

South Korean Intelligence Service Informs Crypto Exchanges About Cyberthreats

The South Korean state intelligence agency is now providing crypto trading platforms with information about attempts to breach their cybersecurity. The help for the country’s digital asset exchanges comes amid…

Continue ReadingSouth Korean Intelligence Service Informs Crypto Exchanges About Cyberthreats