Russian PM takes cue from Iran’s crypto payment permit for imports
The adoption of digital assets provides a good opportunity to ensure uninterrupted payments for imports and exports, Russia's prime minister said.
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While Almost 80% of Russians Know Crypto, Only 6% Understand It Well, Survey Finds
The overwhelming majority of Russians in big cities are well aware of the term cryptocurrency but those with a good understanding of the topic are quite a small proportion, a…
Stablecoin Issuer Tether Won’t Freeze Tornado Cash Addresses, Says Premature Freezing Could Jeopardize Investigations
While the crypto community is still talking about the U.S. government banning the ethereum mixing platform Tornado Cash, the stablecoin issuer Tether Holdings Limited revealed on Wednesday that the company…
Rep. Emmer demands an explanation of OFAC’s Tornado Cash sanction from Sec. Yellen
The Minnesota Republican highlighted the practical issues that could allegedly arise from the placement of smart contract addresses on the SDN list in a series of pointed questions.
U.S. Lawmaker Questions Treasury Over Tornado Cash Sanctions
The U.S. Treasurys decision to sanction a piece of software presents a divergence from previous OFAC precedent, claims Rep. Tom Emmer (R-MN). Sanctions Questioned A U.S. lawmaker is questioning the...
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…
Uniswap Censors 253 Crypto Addresses Blacklisted for Crime, Sanction Associations
According to a recently published report, the decentralized exchange (dex) Uniswap has blocked roughly 253 cryptocurrency addresses allegedly tied to crimes or government sanctions. The information was discovered by the…
Russia’s GDP Decline Less Severe Than Expected, Wall Street Returns to Russian Bonds, Putin Criticizes US ‘Hegemony’
While the ongoing war in Ukraine continues, the Ministry of Economic Development of the Russian Federation detailed this week that Russia’s economic hardships are less severe than expected. Russia’s economic…
Tornado Cash sanctions will ultimately undermine the US and strengthen crypto
Like any aging empire, America is reacting to its competition.
Kraken CEO Criticizes Tornado Cash Sanctions
Kraken CEO Jesse Powell has objected to recent U.S. sanctions against addresses tied to the Tornado Cash coin mixer. Kraken Leader Defends Tornado Cash Jesse Powell has criticized sanctions against...
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