Industry experts reveal a possible method for Bank of Russia to block crypto
Bank of Russia’s crypto restrictions through MCC would unlikely affect exchanges that have been operating illegally so far.
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President Bukele fires back at critics on ‘Bitcoin experiment’
The adoption of Bitcoin is changing El Salvador’s economic landscape, according to the Salvadoran president.
Ripple Achieves ‘Strongest Year Ever’ Despite SEC Lawsuit Over XRP, Says CEO
Ripple has achieved the “strongest year ever” despite the lawsuit over XRP by the U.S. Securities and Exchange Commission (SEC), according to CEO Brad Garlinghouse. “Calling crypto the ‘Wild West’…
US lawmaker planning to introduce comprehensive crypto bill in 2022: report
Cynthia Lummis’ proposed bill reportedly aims to provide regulatory clarity on stablecoins, guide regulators around asset classes and offer consumer protections.
FBI Collaborates With Citibank, Sony, Japanese Authorities to Seize $180 Million in Bitcoin
The Federal Bureau of Investigation (FBI), in collaboration with Citibank, Sony, and Japanese law enforcement, has taken action to “return more than $154 million in funds that were allegedly stolen…
Pakistanis Own $20 Billion in Crypto, Report Reveals
In the absence of regulations, people in Pakistan have invested a serious amount of money in digital assets. New research claims Pakistanis keep some $20 billion in cryptocurrency, allegedly more…
Dubai to Create Crypto Zone, Binance Joins Effort
The Dubai World Trade Centre will become a comprehensive ecosystem for cryptocurrencies and providers of related services. The move is part of efforts to support new industries and the emirate…
Bank of Russia Sees No Place for Crypto in Financial Market, Finalizes Digital Ruble Prototype
In advance of presenting its comprehensive view on crypto regulations, the Central Bank of Russia has indicated that it sees no place for cryptocurrencies in the country’s financial market. The…
100 Companies Fail to Obtain Crypto Licenses in Singapore Due to Tough Regulation
More than 100 companies that applied for a license to offer crypto services in Singapore have either been turned down or withdrawn their applications. “Cryptocurrencies could be abused for money…
Crypto Complaints Have Increased Significantly Says South Africa Financial Sector Ombud
Nonkumbulo Tshombe, an advocate with the Financial Advisory and Intermediary Services (FAIS) Ombud, recently revealed that her office has noted a significant increase in the number of cryptocurrency-related complaints during…
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