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Coinbase proposes crypto tech to promote global sanctions compliance
7.3.2022
Grewal points out that laundering of fiat currency through traditional financial institutions remains the most sought-after method for evading sanctions
Pharmacy Chain CVS Files for ‘Crypto-Collectible’ and NFT Trademarks
6.3.2022
The American retail and pharmacy corporation CVS is looking to enter the metaverse according to trademark filings registered with the United States Patent and Trademark Office (USPTO). The filings mention things like CVS Health-brand “downloadable virtual goods”...
Singapore to Impose Restrictions on Russian Financial and Crypto Transactions
6.3.2022
In a rare move, Singapore is going to introduce restrictions on certain Russian financial transactions and crypto operations aimed at evading sanctions. The decision comes amid officially expressed concerns that Moscow’s invasion of Ukraine is a threat to the security of small states around...
US Senate allows Virginia banks to offer crypto custody services
5.3.2022
Delegate Christopher T. Head introduced the bill (House Bill No. 263) back in January 2022, seeking an amendment to allow eligible banks to offer crypto custody services
US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions
2.3.2022
Jerome Powell said that the situation with Russia "underscores the need for really congressional action on digital finance, including cryptocurrencies."
Crypto dealer SFOX gets trust charter approval from Wyoming regulators
1.3.2022
“The new charter will enable us to provide secure, reliable and efficient investment, trading, and custodian services for a wide range of digital assets," said SFOX co-founder Akbar Thobhani
SEC unable to locate BitConnect founder convicted in $2.4B fraud case
1.3.2022
BitConnect founder is being sued for illegally raising funds and defrauding American investors of over $2 billion
US Treasury Dept lists digital currencies as part of effort to sanction Russia’s government
28.2.2022
The Treasury Department guidelines equated crypto transactions to “deceptive or structured transactions or dealings” in attempting to evade U.S. sanctions
Crypto firms may still face SEC penalties for self-reporting securities laws violations: Report
28.2.2022
SEC enforcement director Gurbir Grewal reportedly said the agency wouldn't be ignoring the funds or securities laws violations for crypto companies that come to them
Report: Freelance Workers in Argentina Among Most Active in LATAM Receiving Part of Paycheck in Crypto
27.2.2022
A recent report states that freelancing is experiencing a boom in Argentina, and also comments on how Argentinians are among workers in the region that most actively use cryptocurrencies to receive part of their paycheck. The report further states that workers accepting their paychecks in crypto...
US Charges Indian Citizen in $3.4 Billion Crypto Ponzi Scheme Bitconnect
27.2.2022
The founder of the $3.4 billion crypto Ponzi scheme Bitconnect has been charged in the United States. “If convicted of all counts, he faces a maximum total penalty of 70 years in prison,” said the U.S. Department of Justice. Bitconnect’s Founder Could Go to Prison for 70 Years...
Are crypto and blockchain safe for kids, or should greater measures be put in place?
26.2.2022
Age verification and educations around the implications of blockchain technology should be enforced for minors dabbling in the crypto space
DOJ indicts BitConnect’s Indian founder for $2.4B crypto Ponzi scheme
26.2.2022
A San Diego-based federal grand jury charged Kumbhani for orchestrating an alleged Ponzi scheme via BitConnect’s “Lending Program” among other allegations
Gemini joins Coinbase and Block at the Crypto Council for Innovation
25.2.2022
The crypto exchange declared it spent $120,000 on lobbying activities in the U.S. in the third and fourth quarters of 2021
Crypto could bypass President Biden's 'devastating' sanctions on Russian banks and elites: Report
24.2.2022
“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 Greenspan
Russia to seize retail deposits if sanctions go too far, official warns
24.2.2022
Russia’s largest bank, Sberbank, has denied its own supposedly false statement on being included in the U.S. sanctions list on Thursday
BNY Mellon partners with Chainalysis to track users' crypto transactions
24.2.2022
Bank of New York Mellon, the world’s largest custodian bank, has partnered with blockchain software firm Chainalysis to track its users’ crypto transactions
The 'Nintendo Generation' Have Weak Skeletons, US Army Weirdo Says
24.2.2022
Earlier today, a press release dropped on a Pentagon news service’s website titled Why Today’s ‘Gen Z’ is at Risk for Boot Camp Injuries. It is very funny.Read more
Crypto Twitter is not happy with the name and logo of Jamaican CBDC
22.2.2022
The Jam-Dex is named after the Jamaican Digital Exchange following a competition. Its slogan is "no cash, no problem."
CA lawmaker introduces legislation to accept crypto as payment for govt services
21.2.2022
Politicians seeking to represent California at the state or federal level have made proposals seemingly favorable to crypto adoption