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Tesla CEO Elon Musk Reaffirms Dogecoin ‘Has Potential as a Currency’ as Twitter Deal Is Put on Hold
14.5.2022
Tesla and Spacex CEO Elon Musk says that dogecoin has potential as a currency. However, his Twitter buyout deal has been put on hold “pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users.” Elon Musk Says Dogecoin Has Potential as...
Warren Buffett-Backed Nubank Launches Crypto Trading — Holds Bitcoin on Balance Sheet
13.5.2022
Warren Buffett-backed Nubank, one of the world’s largest digital banking platforms, has launched cryptocurrency trading. Starting with bitcoin and ether, the bank explained that its 54 million customers can “buy, hold and sell cryptocurrency all from the same app, with no need to open...
Report: Nigerian CBDC Wallet Update to Enable Utility Payments, USSD Functionality to Be Added
11.5.2022
The Nigerian central bank digital currency (CBDC) wallet app is set for an update that will see users given the ability to pay for utilities like pay television and for topping up airtime. The addition of the unstructured supplementary service data (USSD) functionality to the wallet app means...
Coinbase Warns Some Russian Users Their Accounts May Be Blocked, Report Reveals
9.5.2022
Leading U.S. crypto exchange Coinbase has reportedly notified certain Russian customers that their accounts may be blocked at the end of this month. According to Russian media, the trading platform has offered them to withdraw their funds unless they prove they are not under sanctions. Coinbase...
US Senator Introduces Bill Prohibiting Labor Department From Interfering With Crypto in Retirement Accounts
7.5.2022
A U.S. senator has introduced a bill to prohibit the Labor Department from issuing a regulation or guidance that limits the type of investments investors can choose in their retirement plans, including cryptocurrency. “Today, the Biden administration is targeting cryptocurrency. Which...
Senator Elizabeth Warren Demands Answers From Fidelity for Allowing Bitcoin in Retirement Plans
7.5.2022
Two U.S. senators, including Elizabeth Warren, have sent a letter to Fidelity Investments demanding answers regarding the company’s decision to allow bitcoin investments in 401(k) retirement plans. “Investing in cryptocurrencies is a risky and speculative gamble, and we are concerned...
Fidelity’s Bitcoin 401(k) Offering Risks Retirement Security of Americans, Says Labor Department Official
30.4.2022
The U.S. Labor Department has “grave concerns” about Fidelity Investments allowing investors to put bitcoin into their 401(k) accounts for retirement savings. An official of the Labor Department said it risks the retirement security of Americans, stressing that...
Binance Blocks Accounts Linked to Relatives of Senior Russian Officials
30.4.2022
Digital asset exchange Binance has blocked accounts tied to relatives of government officials in Moscow. Amid mounting international penalties over Russia’s invasion of Ukraine, the trading platform said it will continue to check for users associated with sanctioned individuals. Crypto...
Binance blocks crypto accounts of relatives tied to the Russian government
29.4.2022
Binance blocked the account of the Kremlin spokesman's daughter when she tried to use the exchange following the economic sanctions imposed upon Russia
MicroStrategy to Offer Workers Bitcoin Options in 401(k) Accounts via Fidelity
26.4.2022
CEO Michael Saylor’s tweet comes the same day Fidelity said it will begin offering bitcoin investments in its 401(k) accounts later this year
Fidelity to reportedly allow 401(k) retirement savings accounts to invest in Bitcoin
26.4.2022
If approved, retirement savers can allocate 20% of their savings portfolio to Bitcoin without the need to open a crypto exchange account
Fidelity Investments Will Offer Bitcoin Inclusion in Its 401(k) Accounts: Reports
26.4.2022
Investors can use part of their savings to invest in the world’s largest cryptocurrency if their employers allow it
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...
Binance Limits Services to Russian Users to Comply With EU Sanctions
22.4.2022
Following the latest round of EU restrictions against Russia, digital asset exchange Binance is limiting services to Russian clients. The company pledged to lead the industry in implementing the sanctions and urged all major trading platforms to follow. Crypto Exchange Binance Cuts Services...
Brazilian Development Bank Sets Deadline for Completion of Blockchain Network
20.4.2022
The Brazilian Development Bank (BNDES) has partnered with the Court of Accounts of the Union (TCU), a constitutional institution of the Brazilian government, to complete the development of the Brazilian Blockchain Network. The partnership, established through a memorandum of understanding...
Github suspends accounts of Russian developers linked to sanctioned firms
18.4.2022
Despite its promise to cater to the needs of individual developers, the latest wave of sanctions has forced the open-source platform to even block former employees of sanctioned firms
Cosmos Gains Interchain Accounts as Upgrade Kicks In
14.4.2022
The Hub Theta upgrade brings features such as interchain accounts, which allow blockchains to control accounts on other networks
Multiple Indian Official Twitter Accounts Hacked, NFT Content Posted
11.4.2022
Accounts of a high profile state chief minister, political parties and government institutions were compromised
Feds Seize $34 Million in Crypto From Unidentified Florida Man
5.4.2022
On April 4, 2022, the Department of Justice (DOJ) and the U.S. Attorney’s Office of South Florida revealed that law enforcement seized $34 million in crypto assets from an unidentified man living in Florida. According to the DOJ, the man allegedly conducted more than 100,000 sales on darknet...
Ecuadorian Police Seize Assets of Fortunario Due to Alleged Illegal Money Collection Operations
5.4.2022
The Ecuadorian Police and the prosecution of Ecuador have raided several locations linked to Fortunario Digital Assets, a company that was allegedly making illegal collections of money related to forex and cryptocurrency business. The operation also encompassed the seizure of more than $7 million...