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Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT

Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements and storage of digital currency. The blockchain-based platform has been announced as an…

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Governor of Bank of Spain: Crypto Markets Are ‘Bigger Than Subprime Mortgages Before the Financial Market Crisis’

Pablo Hernandez de Cos, governor of the Bank of Spain, has again warned about cryptocurrencies and the growth that the crypto market is experiencing. Hernandes de Cos stated that, while…

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Dubai Property Developer Completes Real Estate Deals Worth $50M via Crypto

According to an executive with the Dubai-based DAMAC Properties, the real estate development “company has already succeeded in concluding real estate deals worth $50 million via cryptocurrencies since the beginning…

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Bulgarian Chief Prosecutor Accused of Willfully Failing to Act Against Onecoin Fraudsters

The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy, has accused the Bulgarian prosecutor of deliberately failing to take action against Onecoin. The lawyer said due…

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Central Bank of Armenia Urged to Regulate Cryptocurrencies

Calls have been issued in Armenia for the central bank to do its job and put the country’s crypto space in order. Both government regulators and representatives of the financial…

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Venezuelan Sunacrip Tightens Control on Transactions Made Using Unauthorized Exchanges

Sunacrip, the Venezuelan cryptocurrency watchdog, has issued a new internal providence that defines the guidelines it will follow in dealing with reports of suspicious activity related to fintech platforms. The…

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Tough Crypto Law Expected in Russia Despite Central Bank’s Softer Stance on Crypto Payments

The bill “On Digital Currency,” meant to comprehensively regulate crypto transactions in Russia, will be a “tough” law, according to the head of the State Duma Financial Market Committee. The…

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Alleged Hydra Administrator Refuses to Provide Access to His Crypto Wallet, Report Claims

A Moscow court has ordered the seizure of the crypto wallet of one of the alleged administrators of darknet market Hydra. Media reports reveal, however, that the man — who…

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