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” US lawmakers introduce bills that could force crypto exchanges to cut ties with Russian wallets “ Representative Brad Sherman will be introducing a bill in the House aimed at cracking down on U.S. businesses handling crypto transactions for Russian banks and individuals. Speaking at a hybrid markup meeting with the House Financial Services Committee…
” Central Bank of Russia issues digital asset license to Sberbank in apparent policy reversal “ Less than two weeks after the Central Bank of Russia, or CBR, reiterated its position proposing to ban the issuance, mining and circulation of cryptocurrencies in Russia, it appears to have reevaluated its policy. In a press release published on…
” RBI seemingly wants to ban cryptocurrencies, but not for the reasons you might think “ On Thursday, the Reserve Bank of India, or RBI, the country’s central bank, published a critical bulletin regarding the cryptocurrency industry. While the report praised the innovative distributed ledger technology associated with digital currencies, the RBI dismissed arguments calling…
” US lawmakers discuss crypto’s role in sanctions, national security and humanitarian aid “ Industry experts and lawmakers who spoke at a hearing of the United States Senate Committee on Banking, Housing, and Urban Affairs clashed on how the country should handle digital assets used for illicit purposes. Speaking remotely in a Thursday hearing on…
” How blockchain intelligence can prevent Russia from evading sanctions “ As pointed out by Caroline Malcolm, Head of International Policy at Chainalysis, the transparent nature of blockchain technology makes it relatively easy for crypto intelligence companies to track funds related to sanctioned entities. “We’re in quite a unique position because of the transparency and…
” New Hampshire hopes its express approval of crypto-friendly law will attract new business “ The New Hampshire House of Representatives passed a bill on Tuesday to adopt the new version of Chapter 12 of the Universal Commercial Code, or UCC, which will govern transfers of digital assets. The chapter is still in draft form,…
” Class action suit against Coinbase alleges unregulated securities sales “ Three individuals who bought cryptocurrency through Coinbase filed a proposed class action March 11 in the Southern District Court of New York alleging that Coinbase is operating as an unregistered securities exchange. The lawsuit lists 79 tokens that it claims are securities Coinbase is…
” XHV, RUNE, REQ: Here’s how you can be tipped off to the week’s winners before they post strong gains “ The mixed crypto market that took hold starting late last year does not offer as many profit opportunities as the blooming altcoin season that came before it. There are way fewer winners than in…
” Russia’s central bank goes to war: Is cryptocurrency a friend or foe? “ In January 2022, the Central Bank of Russia (CBR) proposed a number of measures aimed at curtailing the country’s cryptocurrency market, which included a blanket ban on the use and mining of all cryptocurrencies. It pointed out risks posed by the…
” It’s official: Binance secures a license to operate in Dubai “ Cryptocurrency exchange Binance announced on Wednesday that it had been granted a license to operate in Dubai, United Arab Emirates. The company’s presence in the Middle East has been building up lately, with a crypto service provider license in another Gulf market, Bahrain,…