Lawmakers to Resubmit Russia’s Crypto Mining Bill, Introduce Liability for ‘Gray’ Miners
The draft law legalizing cryptocurrency mining will be resubmitted to Russian parliament which will postpone…
Bitcoin
Crypto Exchanges Allow Russians to Circumvent Sanctions, Report Alleges
Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according…
India Asks IMF and FSB for Joint Paper to Help Formulate ‘Comprehensive’ Crypto Policy
India has asked the International Monetary Fund (IMF) and Financial Stability Board (FSB) to develop…
Over 200 Jurisdictions Agree on Timely Implementation of FATF Crypto Standards
The Financial Action Task Force (FATF) says delegates from over 200 jurisdictions have agreed on…
IMF Calls for ‘More’ Crypto Regulation — Says Banning Should Be an Option
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says crypto needs “more regulation.” She added,…
Solana Blockchain Experiences Technical Glitch Causing Transaction Slowdowns
The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023,…
BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance
After Paxos announced that it would no longer mint the stablecoin BUSD, 4.98 billion BUSD…
Crypto Market Slides as Total Value Locked in Defi Falls Below $50 Billion Mark
The value of the crypto market has started to slide again after a bullish run-up…
Bitcoin Mining Difficulty Reaches All-Time High as Miners Face Second-Largest Increase This Year
Bitcoin’s mining difficulty reached an all-time high (ATH) on Feb. 24, 2023, at block height…
Germany’s DZ Bank to Offer Crypto Custody With Swiss Firm Metaco
The second-largest bank in Germany, DZ Bank, is preparing to become a provider of custody…
JPMorgan to Open Blockchain Innovation Lab in Greece
Financial giant JPMorgan has announced it will open a new blockchain innovation lab in Greece….
Israeli Startup Chain Reaction Raises $70 Million to Build Blockchain Silicon
Chain Reaction, a Tel Aviv-based blockchain startup, announced it has raised $70 million as part…
IMF Board Offers Guidance for Developing Effective Crypto Policies
The executive board of the International Monetary Fund (IMF) has provided guidance for member countries…
US Regulators and Federal Reserve Issue Joint Warning About Crypto Liquidity Risks
U.S. regulators and the Federal Reserve have issued a joint warning about key liquidity risks…
Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships
On Friday, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens…