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Leading Japanese Online Broker SBI to Pull Out of Russia’s Crypto Mining Sector

SBI Holdings, the largest online brokerage in Japan, is shutting down its crypto mining business in the Russian Federation. Amid mounting uncertainty over the future of such investments due to…

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Whitepay Introduces Crypto Payments to Ukraine’s Tech Stores

Ukrainians will be able to purchase electronics and other products with digital coins thanks to a service provided by Whitepay. The payment processor, established by the Ukrainian-born digital asset exchange…

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Russian Accused of Laundering Cryptocurrency From Ransomware Attacks Extradited to US

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…

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Electricity Consumption of Russian Crypto Miners Spikes 20 Times in 5 Years, Research Finds

Power needs of cryptocurrency miners in Russia have grown significantly since 2017, with consumption of electrical energy seeing a 20-fold increase over the five-year period. In 2021, the minting of…

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British Fintech Revolut Granted Crypto License in Cyprus

U.K.-based digital bank Revolut has been authorized by Cyprus to provide cryptocurrency services to millions of customers on the Old Continent. The fintech firm says the regulatory approval will allow…

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Israel Arrests 3 in Crypto Scheme to Launder Millions Stolen From France

Police in Israel have detained three suspects who allegedly laundered millions of euros stolen from the French treasury through cryptocurrency transactions. The money came from government grants for businesses affected…

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Binance Obtains In-principle Approval to Operate With Cryptocurrencies in Kazakhstan

Crypto exchange Binance has been granted preliminary approval to offer trading and custody services for digital assets in Kazakhstan. The exchange is yet to complete the full application process but…

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