US Treasury Sanctions First Crypto Mixer
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued its first-ever sanctions on a crypto mixer. The mixing service was used by Lazarus Group to…
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Survey: Almost Three out of Four Argentinians Are Willing to Purchase Crypto for Investing or Saving Purposes
A new survey, whose results were released earlier this week, has given more insight into how Argentinians view cryptocurrencies and how they might put them to use. The survey found…
Moody’s: Cryptocurrencies Unlikely to Help Russia Evade Sanctions
Russia’s ability to employ cryptocurrencies to circumvent international sanctions is restricted by the limited size of the crypto market, according to Moody’s. Despite increased use in small transactions, low liquidity…
Russia’s Anti-Monopoly Agency Proposes Higher Electricity Rates for Home Crypto Miners
The anti-monopoly service of Russia has suggested that Russians minting digital currencies at their homes should pay more for the spent electrical energy. The proposal comes after the submission of…
US Court Fines Bitmex’s Founders $30 Million for Operating Illegal Crypto Platform
The founders of Bitmex have been ordered to pay $30 million “for illegally operating a cryptocurrency derivatives trading platform and anti-money laundering violations.” Arthur Hayes, Benjamin Delo, and Samuel Reed…
US Senator Introduces Bill Prohibiting Labor Department From Interfering With Crypto in Retirement Accounts
A U.S. senator has introduced a bill to prohibit the Labor Department from issuing a regulation or guidance that limits the type of investments investors can choose in their retirement…
3 Stablecoins Command Positions in the Crypto Economy’s Top 10, Another Fiat-Pegged Token Is Close to Joining
The last five weeks has been brutal for digital currencies as more than 21% has been shaved off the crypto economy’s fiat value since March 27. While all the crypto…
Senator Elizabeth Warren Demands Answers From Fidelity for Allowing Bitcoin in Retirement Plans
Two U.S. senators, including Elizabeth Warren, have sent a letter to Fidelity Investments demanding answers regarding the company’s decision to allow bitcoin investments in 401(k) retirement plans. “Investing in cryptocurrencies…
Georgia to Unveil New Cryptocurrency Law by This Fall
Authorities in Georgia are now holding discussions with industry representatives to finalize a bill designed to regulate coin trading, among other crypto-related activities. The legislation will be presented to the…
Crypto Exchange Binance Approved by French Regulator as a Fully Regulated Digital Asset Service Provider
Cryptocurrency exchange Binance has received regulatory approval from the French financial regulator to operate as a registered digital asset service provider. “Binance will significantly scale our operations in France to…
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