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Fed Hopes for ‘Soft Landing’ for US Economy, but History Suggests It Won’t Prevent Recession
8.5.2022
Alex Domash, Research Fellow, Harvard Kennedy School, and Lawrence H. Summers, Charles W. Eliot University Professor, Harvard Kennedy School._____
The Federal Reserve will likely soon learn what gymnasts already know: sticking a landing is hard....
Read More: Fed Hopes for ‘Soft Landing’...
Top ECB Official Ramps Up Anti-Crypto Rhetoric, Calls for Global Regulations
28.4.2022
Comparing the rise of crypto assets to the gold rush, a top executive at the European Central Bank has urged governments to take action to prevent “a lawless frenzy of risk-taking.” Speaking in the U.S., the ECB official called for a global regulatory clampdown on cryptocurrencies...
National Bank of Ukraine Temporarily Bans Cross-Border Crypto Purchases With Hryvnia
22.4.2022
The central bank of Ukraine has introduced additional restrictions on international transactions that will prevent Ukrainians from buying crypto assets abroad with the national fiat. The measures are intended to reduce capital outflow amid an ongoing military conflict with Russia. Ukraine Citizens...
Report: South African University to Issue Blockchain-Based Certificates to Graduating Students
22.4.2022
A South African university has said starting this year it will issue blockchain-based certificates to students graduating from the learning institution. University administrators argued that a blockchain-based certification system will help prevent fraud and end the production of fake documents....
US Sanctions Russian Bitcoin Miner BitRiver to Prevent Russia from 'Monetizing its Natural Resources'
21.4.2022
The US has imposed sanctions on a Russian Bitcoin (BTC) and crypto mining firm in a bid to deter Moscow's possible evasion of existing sanctions, imposed as punishment over its invasion of Ukraine....
Read More: US Sanctions Russian Bitcoin Miner BitRiver to Prevent Russia from 'Monetizing...
US Lawmaker Urges Biden Administration to Develop ‘Robust Strategy’ to Prevent Crypto Use to Evade Sanctions
20.4.2022
A U.S. lawmaker has urged the Biden administration to develop a “robust strategy” to prevent cryptocurrency from being used to evade sanctions. “Emerging technologies like cryptocurrency offer many positive applications like humanitarian relief, but the administration has...
Bank of Russia Rejects Idea of Using Cryptocurrency to Circumvent Sanctions
7.4.2022
The Central Bank of Russia has turned down a proposal to allow the use of digital currencies for the purpose of sanctions evasion. The monetary authority believes this is hardly an option as Western regulators are already taking steps to prevent such transactions. Employing Bitcoin to Evade...
How Flare Network Could Help Prevent Ronin Network Hack and Other Multisig Platforms?
5.4.2022
If you have followed the happenings in crypto for the past fortnight, you may be familiar with the Ronin network exploit that threatened a $620 million loss in cryptocurrencies. The unofficial post mortem shows the hackers used compromised private keys to forge withdrawal signatures, an issue that...
US Senator Cruz Introduces Bill to Prevent Federal Reserve From Using Digital Currency as Surveillance Tool
2.4.2022
U.S. Senator Ted Cruz has introduced legislation to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals and competing with the private sector. The senator from Texas warned that not only would this CBDC model centralize financial information...
Bitcoin recovers the $46K level, but several factors could prevent a stronger breakout
1.4.2022
Traders say BTC is following the expected trajectory, but several macroeconomic factors and geopolitical tensions remain a threat to Bitcoin hitting a new all-time high
Japan Considers Stricter Crypto Regulations in Light of Russia Sanctions
1.4.2022
Authorities in Japan are planning to introduce tougher new rules for crypto operators as part of efforts to prevent Russia from using cryptocurrencies to evade sanctions. The legislative initiative comes after Tokyo asked digital asset exchanges to strengthen transactions monitoring this month....
Japan To Plug Loophole To Prevent Russia From Evading Sanctions Through Crypto
28.3.2022
Japan will propose a revision of its foreign exchange law to parliament, said a government official
How blockchain intelligence can prevent Russia from evading sanctions
17.3.2022
Head of International Policy at Chainalysis explains why crypto is not a silver bullet for evading international sanctions
Wasabi Wallet to Begin Censoring Coinjoin Transactions
15.3.2022
Wasabi Wallet, a privacy-oriented bitcoin-only wallet, has announced it will start introducing censorship methods into its mixing procedures. The announcement was made on social media, where the official account of Wasabi explained that a blacklist will prevent some UTXOs (unspent transaction...
Chainalysis Launches Screening Tools Designed to Prevent Sanctions Evasion
11.3.2022
Blockchain forensics company Chainalysis is launching two tools that will allow crypto companies to deny sanctioned persons and entities access to their platforms. The move comes amid concerns that Russia may use cryptocurrencies to evade sanctions imposed due to its invasion of Ukraine....
G7 Countries, EU Taking Measures to Prevent Crypto Use to Evade Sanctions
5.3.2022
G7 countries and the European Union are examining ways to stop the use of cryptocurrency by Russia to evade sanctions. “We should take measures to prevent listed persons and institutions from switching to unregulated crypto assets,” said Germany’s minister of finance. G7 and...
Hillary Clinton Urges Biden Administration to Pressure Crypto Exchanges to Block Russian Users
2.3.2022
Former presidential candidate Hillary Clinton has criticized the Biden administration and European governments for not pressuring cryptocurrency exchanges to end transactions with Russian users. She believes regulators “should look hard at how they can prevent the crypto markets from giving...
President Lukashenko Signs Decree to Create Crypto Wallet Register in Belarus
16.2.2022
President Alexander Lukashenko has signed another decree regulating the crypto economy of Belarus. It envisages the establishment of a register for cryptocurrency wallets and addresses certain legal aspects pertaining to the circulation of cryptocurrencies in the country. Presidential Decree Aims...
Keystone Enters Partnership with BENQI to Prevent Blind Signing
9.2.2022
Many web3 clients have benefited from the QR code signing since Metamask incorporated the Keystone hardware wallet last December. To counter blind signing, Keystone has teamed up with BENQI, a non-custodial liquidity market protocol on the Avalanche blockchain, and will also be adding their ABI...
Russian Association of Power Suppliers Proposes Measures to Prevent Home Mining
5.2.2022
The industry organization of Russian energy suppliers has come up with ideas on how to combat cryptocurrency mining in homes, basements and garages. The association believes the phenomenon is the main issue with mining in Russia as authorities prepare to legalize it. Suppliers Move Against Mining...