Crypto Exchanges Still Available to Russians Despite Latest EU Sanctions, Report Unveils

Crypto Exchanges Still Available to Russians Despite Latest EU Sanctions, Report UnveilsA list of crypto exchanges, including global platforms, have not introduced new restrictions on Russian users after the EU’s most recent sanctions round, Russian crypto media reported. The latest European penalties target an array of crypto-related services to increase pressure on Russia amid an escalating conflict in Ukraine. Major Exchanges Continue to Work in Russia […]

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Dozen Crypto Companies Await Portugal License Despite Bank Account Closures

Dozen Crypto Companies Await Portugal License Despite Bank Account ClosuresThe central bank of Portugal is now reviewing 12 requests from businesses that want to provide crypto-related services in the country. The applications are pending decision amid recent reports that some commercial banks are closing accounts of already approved operators. Binance Among Cryptocurrency Platforms Seeking Authorization in Portugal Portugal’s monetary authority is currently evaluating requests […]

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Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services

Tencent’s #Wechat to ban accounts from providing transaction channels and guidance for #cryptocurrencies.Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions on NFT Trading Wechat, the instant messaging, social media, and mobile payment app developed […]

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Kazakhstan Allows Registered Crypto Exchanges to Open Accounts at Local Banks

Kazakhstan Allows Registered Crypto Exchanges to Open Accounts at Local BanksGovernment 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 Kazakhstan Into Regional Crypto Hub Regulations allowing crypto exchanges registered at the Astana International Financial Center […]

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Binance Blocks Accounts Linked to Relatives of Senior Russian Officials

Binance Blocks Accounts Linked to Relatives of Senior Russian OfficialsDigital 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 Exchange Binance Bans Children of Top Russian Figures Binance, the world’s leading cryptocurrency exchange, has […]

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Binance Limits Services to Russian Users to Comply With EU Sanctions

Binance Limits Services to Russian Users to Comply With EU SanctionsFollowing 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 to Russian Accounts in Accordance With EU Penalties Binance, the world’s leading […]

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Feds Seize $34 Million in Crypto From Unidentified Florida Man

Feds Seize $34 Million in Crypto From Unidentified Florida ManOn 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 markets, selling online account information tied to […]

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