Russia’s Sber Bank Aims for Blockchain Integration With Ethereum and Metamask

Russia’s Sber Bank Aims for Blockchain Integration With Ethereum and MetamaskBanking giant Sber wants to integrate its blockchain platform with the Ethereum blockchain and the Metamask wallet. The Russian bank believes the integration will give developers more options and create new opportunities for users when in operations with tokens and smart contracts. Sber Bank to Provide Ethereum and Metamask Support on Proprietary Blockchain The blockchain […]

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Crypto Exchange Bitfront Shuts Down Amid Industry Challenges

Crypto Exchange Bitfront Shuts Down Amid Industry ChallengesCryptocurrency exchange Bitfront has announced its intention to cease operations in the coming months, citing challenges facing the industry. The U.S. trading platform, backed by Japan’s social media giant Line, indicated the decision is unrelated to the collapse of FTX. Line-Supported Digital Asset Exchange Bitfront Suspends New Sign-ups Bitfront, a crypto exchange operating in the […]

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Amendments to Russia’s Digital Asset Law Aim to Allow Mining, Ban Crypto Exchange and Ads

Russia, Russian, crypto, cryptocurrency, cryptocurrencies, crypto mining, mining, law, draft law, bill, legislation, legalization, regulation, exchange, services, advertising, proposals, provisions, amendments, changesRussian lawmakers have proposed changes to the current law “On Digital Financial Assets” in order to regulate crypto mining while banning the circulation of cryptocurrencies in the country. The legislation also prohibits the non-targeted advertising of crypto-related products and services. New Attempt to Legalize Cryptocurrency Mining in Russia After months of deliberations, efforts continue in […]

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Binance Obtains Registration as Crypto Service Provider in Cyprus

Binance Obtains Registration as Crypto Service Provider in CyprusCryptocurrency exchange Binance will be able to offer services for digital assets in Cyprus as the platform is now registered with the country’s securities regulator. The news comes after the company obtained similar approvals in several other European jurisdictions. Global Exchange Binance to Comply With Cyprus Crypto Regulations Binance, the world’s leading crypto exchange in […]

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Localbitcoins, Crypto.com, Other Providers Suspend Services for Russians Under EU Rules

Localbitcoins, Crypto.com, Other Providers Suspend Services for Russians Under EU RulesComplying with the latest EU sanctions targeting Russia, well-known cryptocurrency platforms like Localbitcoins, Blockchain.com, and Crypto.com have started to restrict or terminate services for Russian accounts. The moves follow the adoption of new European penalties in response to Moscow’s military escalation in Ukraine. Major Crypto Platforms Conform to EU Measures, Restrict Services for Russian Users […]

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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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Binance Licensed in Kazakhstan as Provider of Crypto Exchange and Custody Services

Binance Licensed in Kazakhstan as Provider of Crypto Exchange and Custody ServicesAuthorities in Kazakhstan have granted Binance a license to operate as a digital asset platform and provide an array of relevant services. While working out of the nation’s financial hub in the capital Nur-Sultan, the crypto exchange will offer registration to customers from other countries as well. Crypto Exchange Binance Receives License to Operate From […]

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EU Bans Crypto Services for Russians in New Sanctions Over Ukraine Escalation

EU Bans Crypto Services for Russians in New Sanctions Over Ukraine EscalationAn array of crypto-related services have been targeted in the latest round of sanctions on Russia approved by the EU. The measures are part of an expected tightening of the economic and financial restrictions in response to Moscow’s decision to annex Ukrainian territories. EU Council Adopts Full Ban on Crypto Wallet and Custody Services for […]

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Binance Obtains In-principle Approval to Operate With Cryptocurrencies in Kazakhstan

Binance Obtains In-principle Approval to Operate With Cryptocurrencies in KazakhstanCrypto exchange Binance has been granted preliminary approval to offer trading and custody services for digital assets in Kazakhstan. The exchange is yet to complete the full application process but the development has already been hailed as a landmark achievement for the company in the Central Asian nation which only recently took steps to regulate […]

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