New Bill in Ukraine to Finally Let Crypto Firms Open Bank Accounts
New draft bill in Ukraine aims to finally enable local crypto exchanges to open bank accounts, the document’s co-author says Go to Source Powered by WPeMatico
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Russia Proposes 2M Rub Fine and 7 Years in Jail for Illegal Crypto Use
Illegal cryptocurrency use in Russia could attract fines of up to 2 million rubles and hard labor or seven years of jail time Go to Source Powered by WPeMatico
Iran’s President Asks Gov’t to Plan National Crypto Mining Strategy
Iran’s president has tasked officials at the central bank and ministries of energy, communications and IT with drafting plans for a national cryptocurrency mining strategy. Go to Source Powered by WPeMatico
Global Central Banking Think Tank Launches Digital Monetary Institute
A global think tank for central banking, OMFIF, has announced the launch of its Digital Money Institute, aimed at bridging the gap between digital currency and traditional banking. Go to Source Powered by WPeMatico
Digital Currencies Could Threaten US Geopolitical Power, Warns JPMorgan
“There is no country with more to lose from the disruptive potential of digital currency than the United States,” say analysts at JPMorgan Chase & Co. Go to Source Powered by WPeMatico
Jack Dorsey Gives $5M to Support UBI — Could Crypto Deliver it?
The Twitter CEO announced on May 21 that he would be giving $5 million to Humanity Forward, a UBI-proponent established by Andrew Yang. Go to Source Powered by WPeMatico
Times Square Billboard Calls for Release of Silk Road Founder
A billboard demanding for the release of Silk Road founder Ross Ulbricht will reside in Times Square for several months. Go to Source Powered by WPeMatico
Blockchain.com to Support Russian Ruble Despite Local Crypto Uncertainty
Blockchain.com follows Binance in listing the Russian ruble, while local government considers strict regulations for the industry. Go to Source Powered by WPeMatico
Albania Approves Europe’s Most Comprehensive Crypto Law Yet
The new law aims to regulate all the transactions made with digital tokens and virtual currencies in the country Go to Source Powered by WPeMatico
Brazil to Investigate Banks Denying Service for Crypto Companies
Major Brazilian banks might get punished for excluding crypto companies from the local financial system Go to Source Powered by WPeMatico