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Russia can legalize cryptocurrency mining and stablecoins backed by gold under government control, a high-ranking member of the Russian parliament has suggested. The statement comes after Bank of Russia proposed a wide-ranging ban on the use of cryptocurrencies, and their trading and mining. Mining and Some Stablecoins Can Be Legalized in Russia, Duma Deputy Insists … Read more
A cryptocurrency bill introduced in July to the Senate of Paraguay has been approved. The text, which defines several important concepts including virtual assets, and establishes the need for licenses to mine cryptocurrencies, will now advance to the Deputy Chamber to be discussed. Paraguay Could Approve Crypto Law by Next Year A new cryptocurrency bill … Read more
Pashtana Durrani described the Taliban as “people who were fighting in rural and very mountainous regions” who don’t have the proper background for modern financial literacy. Go to Source Powered by WPeMatico
A recently established crypto industry association in Iran has commenced activities under the country’s chamber of commerce. Its management hopes to help remove obstacles challenging its members while facilitating the implementation of blockchain technology in the sanctioned nation’s economy. Industry Association to Address Blockchain-Related Challenges in Iran The newly-established Iran Blockchain and Cryptocurrency Association (IBCA) … Read more
Cryptocurrencies, including CBDC’s, have now become a part of the narrative on sanctions due to high adoption. Go to Source Powered by WPeMatico
Russia’s digital ruble won’t help the country avoid U.S. sanctions because the global economy is “interconnected,” an official said. Go to Source Powered by WPeMatico
U.S. law enforcement agents have “kidnapped” crypto entrepreneur Denis Dubnikov in Mexico, before transferring him to the Netherlands where he was arrested, his lawyer told Russian media. Dubnikov is suspected of money laundering and faces up to 20 years in prison if extradited to the United States. FBI Accused of Kidnapping Russian Citizen With Cryptocurrency … Read more
“This will not be the last time — the U.S. government will continue to aggressively pursue the entire ransomware ecosystem and increase our nation’s resilience to cyber threats,” said Attorney General Merrick Garland. Go to Source Powered by WPeMatico
Cryptocurrencies are a popular investment among Iranians and estimates suggest that the number of those who already own one coin or another may be as high as 12 million. The majority of Iranian traders prefer the services of local crypto exchanges, the chief executive of one of them claims. Iranians Said to Transfer $180 Million … Read more
The U.S. Treasury asked cryptocurrency companies to ensure compliance with sanctions last week. Go to Source Powered by WPeMatico