Putin issues orders to combat ‘illegal cross-border transfers’ of digital assets
Russia is apparently preparing to scrutinize cross-border cryptocurrency transactions for potential illegal activity. Go to Source Powered by WPeMatico
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EAEU unlikely to find common ground on crypto regulation, official says
The Eurasian Economic Union’s member states did not support an initiative to synchronize crypto regulations. Go to Source Powered by WPeMatico
The Congolese Mountain of Gold: Surprise Discovery in Africa Shows Metal’s Scarcity Is Hard to Prove
A myriad of gold bugs like to compliment the yellow precious metal for its ostensible scarcity, as estimates say only 2,500 to 3,000 tons of new gold is produced annually. While new gold discoveries have seemingly slowed, investigative studies also show that in some areas, gold is being smuggled into the economy by the ton, … Read more
Russian protest group Pussy Riot sells NFTs for latest single ‘Panic Attack’
The Russian protest group Pussy Riot is auctioning four non-fungible tokens tied to a new single in order to support a shelter for victims of domestic violence. Go to Source Powered by WPeMatico
Bank of Russia to start digital ruble trials in 2022
The Bank of Russia hopes to complete a prototype platform for a digital ruble by the end of 2021. Go to Source Powered by WPeMatico
The number of Bitcoin ATMs in the US rose 177% over the past year
Worldwide, close to 10,000 new Bitcoin ATMs have been installed since March 1, 2020. Go to Source Powered by WPeMatico
Russian Court Orders Mining Firm Cryptouniverse to Face New Trial on Fraud
A major Russian mining firm is facing legal troubles in St. Petersburg, as three individuals are accusing the company of fraud. Cryptouniverse will now face a trial after a city court issued a criminal case order during the week. A District Court Rejected to Launch a Criminal Case Against the Firm in 2020 According to … Read more
Gazprom Neft uses blockchain tech to streamline aircraft refueling
Gazprom Neft’s aviation refueling subsidiary has piloted a blockchain-based refueling payment project to automate and accelerate transactions. Go to Source Powered by WPeMatico
What Russian journalists can learn from Navalny’s Bitcoin wallet
As the Kremlin sequesters funds to the opposition, Bitcoin serves to run blockades. Go to Source Powered by WPeMatico
Russian Orthodox Church will not accept Bitcoin in offering plate
A church spokesperson said it was also unlikely the church would release its own digital currency. Go to Source Powered by WPeMatico