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Kazakhstan Allows Registered Crypto Exchanges to Open Accounts at Local Banks
17.6.2022
Government officials in Kazakhstan have approved regulations that will govern interactions between authorized coin trading platforms and traditional financial institutions. The new rules will allow registered cryptocurrency exchanges to have bank accounts in the country. Pilot Project to Develop...
Russian Appellate Court Cancels Decision to Block Tor Project’s Website
23.5.2022
A court of appeals in Russia has overturned a ruling by a regional court which allowed the blocking of the Tor Project’s website in the country. Due to violations during the initial proceedings, the case has been returned to the court of the first instance for another review. Roskomsvoboda...
Kraken Awaits Approval for Regional Office in UAE
25.4.2022
The overview of cryptocurrencies among world countries has changed over the years, as expressed in the recent news about policy changes. The United Arab Emirates is one of the few proactive nations to currently enable a healthy environment for cryptos. The changes have paid off as the country...
Binance Regional Head Agreed to Hand Client Data to Russia After Meeting – Reuters
22.4.2022
A local representative for the major crypto exchange Binance has reportedly met with Russia’s financial intelligence unit, Rosfin, with officials asking the exchange to hand over client data to “help them fight crime.” Permission to hand over data was granted by a regional head of the exchange...
Russian Ministry of Energy Calls for Urgent Legalization of Crypto Mining
30.3.2022
The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing regional quotas for crypto farms instead of regulating their business...
First Mover Asia: Why Japan, China and Other Regional Powers Are Still Putting Their Faith in T-Bills, Gold; Cryptos Climb Higher
29.3.2022
A number of crypto observers have viewed Bitcoin as ushering in a new era of financial sovereignty amid growing uncertainty about long-term U.S. economic dominance globally, but many countries are still investing in gold and U.S. T-bills
GAIMIN Extends Its Active User Base Through the Success of Gaimin’s Esports Team – GAIMIN Gladiators
25.2.2022
PRESS RELEASE. Zug, Switzerland, 25th February 2022: GAIMIN Gladiators is pleased to announce its recently acquired DOTA 2 esports team has won the DOTA2 WEU Regional Finals, beating teams including Team Liquid, Nigma, Tundra and OG. The success of GAIMIN’s esports team generates significant...
Reported First Real Estate Purchase Made With Bitcoin in Chile
25.2.2022
Yuval Ben Haym, regional manager of Remax, a real estate firm that operates worldwide, has announced that the “first” real estate purchase with cryptocurrencies has already occurred in Chile. The purchase, that was made using bitcoin, happened last year. Such purchases have also...
Regional Interest in Bitcoin Sees an Uptick as Russia Invades Ukraine
24.2.2022
As Russia launched its military attack on Ukraine amid an international outcry, a number of fiat currencies from Central and Eastern Europe tumbled, while users’ interest in bitcoin (BTC) somewhat increased across the broader region.
In the aggressor’s market, the Moscow Exchange stock exchange...
Turkish blockchain company opens regional crypto exchanges in globalization bid
31.1.2022
The first stop for Bitci’s international expansion, also a first for a Turkish crypto exchange, is Brazil
Crypto Miner Convicted in Russia for Allegedly Stealing Power to Mint Digital Coins
19.1.2022
A regional court has sentenced a man accused of illegally connecting his crypto farm to the grid to two years in prison. The decision comes as authorities in Moscow prepare to address the lack of proper regulations for cryptocurrency mining, which has become a popular source of income in Russia....
Mai Capital Predicts Tough Year for Crypto — Expects Bitcoin and Ethereum to Do Well Once Regulations Come Into Focus
9.1.2022
Mai Capital Management’s chief equity strategist and regional president, Chris Grisanti, has predicted that this year will be tough for crypto largely due to regulations. However, he expects established cryptocurrencies, such as bitcoin and ether, to “do quite well” once...
Power Utility Sues Russians Mining Cryptocurrency at Their Homes, Raises Electricity Rates
12.12.2021
A Russian power utility has found a way to increase electricity prices for consumers mining cryptocurrency using household electricity. The regional distribution company has taken dozens of amateur miners to court and has already won some of the cases. Power Utility Goes After Crypto Miners Using...
Regional CCP Chief Arrested Over Crypto Links as China Hunts Crypto Users
8.12.2021
A high-flying regional Communist Party official who was expelled from the party last month for allegedly supporting crypto miners has been arrested. Meanwhile, individuals are being caught sending money abroad using crypto.
Per the Epoch Times and the Xinhua news agency, Xiao Yi, the former...
Don’t Ever Miss Asia Crypto Investment Forum (ACIF), a Regional Digital Asset Event
15.11.2021
Bangkok, Thailand—Don’t ever miss Asia Crypto Investment Forum (ACIF), a regional digital asset event organized in Thailand on this upcoming November 28, 2019. Let’s be in touch with a vigorous team of cryptocurrency experts led by Ms. Paphy Cai from BTC.com, the leading bitcoin wallet provider...
Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations
23.10.2021
The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming...
Russia Considers Partially Replacing Dollar Reserves With Digital Assets in Future
20.10.2021
Amid ongoing sanctions, the government of Russia has been working to limit the country’s dependence on the U.S. dollar. The Ministry of Foreign Affairs now says it’s possible to partially replace the greenback in currency reserves and trade settlements with other currencies and even...
Court Ruling Threatens 17 Crypto Exchanges in Russia
10.10.2021
Another batch of Russian online crypto exchanges in Russia face closure following a recent decision by a regional court. Information published on their websites has been deemed illegal meaning the country’s telecom watchdog can block access to their platforms. Roskomnadzor May Take Down...
Nigerian CBDC Website Goes Live, Central Bank Faces Trademark Infringement Allegations
29.9.2021
According to reports from Nigeria, the official website for the Central Bank of Nigeria (CBN)’s e-naira digital currency is now up and running. The reports come just a few days before the start of the central bank digital currency (CBDC) rollout. E-Naira Similar to Physical Currency...
Scammers Offer Free Bitcoin on Hacked Government Site in Russia as Crypto Fraud Surges
5.9.2021
Unknown scammers have organized a fake bitcoin giveaway through a Russian government website they hacked. The news of the attack comes after a recent report revealed that damages from crypto-related fraud in Russia have reached $30 million in value in the first half of this year. Regional...