Financial Market Committee Chair Aksakov Joins Calls for Identification of Russian Crypto Owners

Financial Market Committee Chair Aksakov Joins Calls for Identification of Russian Crypto OwnersAnatoly Aksakov, head of the Financial Market Committee at the Russian parliament, has reiterated a warning for cryptocurrency investors and insisted that Russians owning coins should declare their digital assets. The parliamentarian also urged for the comprehensive regulation of crypto mining and taxation. Aksakov Warns Russian Crypto Investors They Can Lose Everything Russians have put […]

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Gas DAO Project Forms to Airdrop Tokens to Ethereum Users That Spent $1,559 in Fees

Gas DAO Project Forms to Airdrop Tokens to Ethereum Users That Spent $1,559 in FeesA new type of airdrop has been very popular during the last quarter of 2021 as quickly assembled decentralized autonomous organizations (DAOs) have been distributing lots of value to existing crypto users. Just recently, Opendao gave Opensea users an airdrop and many people accrued thousands of dollars in SOS tokens. Now, another project called Gas […]

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Thailand to Develop ‘Cryptourism,’ Considers Issuing Utility Token

Thailand to Develop ‘Cryptourism,’ Considers Issuing Utility TokenIn search of ways to heal its travel industry, hurt by the pandemic, Thailand is now recognizing an opportunity to tap into a growing market of cryptocurrency holders. Fostering a “cryptourism atmosphere” is what the country’s tourism agency intends to do, including by minting a new token and facilitating bitcoin card payments. Tourism Board of […]

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US Consumer Crypto Survey: Almost 50% Invested in Cryptocurrencies This Year

US Consumer Crypto Survey: Almost 50% Invested in Cryptocurrencies This YearA crypto survey of U.S. consumers, commissioned by regulated crypto platform Bakkt, shows that nearly half of all respondents said they invested in cryptocurrencies during the first half of the year. Nearly Half of US Consumers Invested in Crypto During the Past 6 Months, Study Shows A survey commissioned by regulated digital asset platform Bakkt […]

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Russia to Track Crypto Transactions With Help From Sberbank-Owned Company

Russia to Track Crypto Transactions With Help From Sberbank-Owned CompanyThe Federal Financial Monitoring Service of Russia is going to start tracking cryptocurrency transactions. The agency has already selected a contractor to develop the platform. The entity is affiliated with one of Russia’s largest financial institutions, Sberbank. Rosfinmonitoring to Keep Record of Cryptocurrency Wallets Used for Illicit Purposes Russia’s financial watchdog, Rosfinmonitoring, has selected a […]

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Parliament of West Africa Economic Block Cautions Against Use of Cryptocurrencies

The parliament of the Economic Community of West African States (ECOWAS) has joined the list of African organizations that have cautioned against the use of cryptocurrencies. In its warning to West Africa crypto users, the legislative body insists these digital assets are too volatile and as such “their use on the African continent is not […]

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US Court Authorizes IRS to Summon Cryptocurrency User Records From Circle and Poloniex

The Internal Revenue Service (IRS) has obtained authorization from a federal court to seek information on cryptocurrency users from Circle and Poloniex exchange platforms. The tax authority wants records identifying crypto users who conducted $20,000 or more in crypto transactions during the years 2016 to 2020 as well as other documents relating to their crypto […]

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Crypto Users Claim Popular Bitcoin Paper Wallet Generator Is Compromised, Millions Allegedly Stolen

Crypto Users Claim Popular Bitcoin Paper Wallet Generator Is Compromised, Millions Allegedly StolenA number of forum posts and tweets say that the website bitcoinpaperwallet.com is compromised and people have said they have lost bitcoin using the paper wallet generator. Three years ago the website domain changed ownership and ever since then losses have been reported on Reddit forums, bitcointalk.org, Twitter, and other public venues. The owner of […]

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