5 state regulators allege organization is tied to Russia, scamming users using metaverse casino
"The same rules that apply to investments in the physical world continue to apply to investments in virtual worlds," said the regulators.
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Independent Russian News Site Meduza Raises Over $200,000 in Crypto
Pressure from the Kremlin and sanctions from the West have forced Russian news outlet Meduza to increasingly rely on cryptocurrency donations to fund its independent journalism. As the restrictions imposed…
Putin Obliges Election Candidates to Report Crypto Holdings Outside Russia
President Vladimir Putin has approved amendments to his own decree requiring Russian citizens running for office to declare their property abroad. The updated regulation lists cryptocurrencies among the assets that…
Ukraine’s New Fundraising Platform Accepts Crypto, Allows Donors to Allocate Funds
United24, a new fundraising platform announced recently by Ukrainian President Volodymyr Zelenskyy, accepts a number of cryptocurrencies, alongside traditional payment methods. The initiative also permits donors to choose how their…
Indie Russian news firm raises $250K in crypto after sanctions cripple finances
Russian independent media Meduza has managed to raise $250,000 in funding in order to continue providing unbiased news on the war in Ukraine.
UK Prime Minister Empowers Authorities to Seize Crypto ‘More Quickly and Easily’ (Report)
Boris Johnson – Prime Minister of the United Kingdom and leader of the Conservative Party – will reportedly introduce a new economic crime bill. It will aim to reduce the…
Monero avoids crypto market rout, but XMR price still risks 20% drop by June
XMR's bearish setup comes as Monero prepares to launch the testnet version of its hard fork this month.
Coinbase Warns Some Russian Users Their Accounts May Be Blocked, Report Reveals
Leading U.S. crypto exchange Coinbase has reportedly notified certain Russian customers that their accounts may be blocked at the end of this month. According to Russian media, the trading platform…
Majority of Russia’s Financial Pyramids in Q1 Linked to Crypto, Scammers Exploit Sanctions Topic
Many of the financial pyramids identified in Russia during the first quarter of the year have been associated with cryptocurrencies, a top central bank official has revealed. Fraudsters are actively…
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…
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