Stablecoins are another piece in the puzzle, like DAOs or digital identity. “And if we don’t have it just right at first, we’ll fix it.”
Category: Regulation News
Apple Pay to halt support for Russian banks sanctioned on war in Ukraine
Russians cashed out over $1.3 billion from banks on the first day of Russia’s invasion of Ukraine, the largest amount since the onset of COVID-19.
BNY Mellon plans to launch digital asset custody platform later this year
The investment bank reportedly said it will begin with the United States and then expand worldwide based on market demand.
BitMEX founders plead guilty to Bank Secrecy Act violations
Arthur Hayes and Benjamin Delo will each have to pay a fine for their part in flouting the Bank Secrecy Act and operating what the […]
Russian miners keep running, may see pivot to Bitcoin in response to sanctions
With sanctions coming from the U.S. and allied NATO nations, it is unclear how the local BTC sector and the broader market will be impacted, […]
Crypto could bypass President Biden’s ‘devastating’ sanctions on Russian banks and elites: Report
“If a wealthy individual is concerned that their accounts may be frozen due to sanctions, they can simply hold their wealth in Bitcoin,” said Mati […]
Crypto is not criminal: US Secret Service launches ‘crypto awareness hub’
The Secret Service intends to combat the “illicit use of digital assets” and provide “public awareness information,” according to its educational website.
The crypto oasis: How the UAE became the Middle East’s digital asset champion
The nation has a patchwork of largely crypto-friendly, region-specific rules that can finally get standardized.
China’s Supreme Court adds digital currency to list of illegal fundraising methods
The new policy change aims to mitigate risks arising from digital currency fundraising and the absorption of funds from the public.
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.