Russia to seize retail deposits if sanctions go too far, official warns
Russia’s largest bank, Sberbank, has denied its own supposedly false statement on being included in the U.S. sanctions list on Thursday.
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Bitcoin inches past $38K as Wall Street opens to strange calm on Russia sanctions
The feared volatile trading session was yet to appear an hour after the open, with Bitcoin seeing modest gains.
Spain Modifies Tax Model 720, Used to Declare Cryptocurrency Holdings Abroad
The Spanish parliament has introduced an amendment to the tax model 720 used to declare cryptocurrency and other holdings abroad, softening some of the penalties associated with it. The modification,…
Cryptocurrency Theft Remains Key Revenue Source for North Korea, UN Report Says
Cyberattacks on cryptocurrency exchanges have been a major source of funds for North Korea in the past year, a United Nations report has unveiled. According to the document, the sanctioned…
Russia May Allow Crypto Mining and Gold-Backed Stablecoins, Lawmaker Says
Russia can legalize cryptocurrency mining and stablecoins backed by gold under government control, a high-ranking member of the Russian parliament has suggested. The statement comes after Bank of Russia proposed…
Cryptocurrency Bill Advances to Chamber of Deputies in Paraguay
A cryptocurrency bill introduced in July to the Senate of Paraguay has been approved. The text, which defines several important concepts including virtual assets, and establishes the need for licenses…
The Taliban will never understand crypto, according to founder of LEARN Afghanistan
Pashtana Durrani described the Taliban as "people who were fighting in rural and very mountainous regions" who don't have the proper background for modern financial literacy.
New Crypto and Blockchain Association Launches in Iran
A recently established crypto industry association in Iran has commenced activities under the country’s chamber of commerce. Its management hopes to help remove obstacles challenging its members while facilitating the…
Crypto’s impact on sanctions: Are regulators’ concerns justified?
Cryptocurrencies, including CBDC’s, have now become a part of the narrative on sanctions due to high adoption.
Digital currencies won’t impact US sanctions, Treasury exec says
Russia’s digital ruble won’t help the country avoid U.S. sanctions because the global economy is “interconnected,” an official said.