Cryptocoins News / The Cointelegraph - 2 years ago
The amount of Ethereum‘s native token Ether (ETH) kept with crypto exchanges has fallen to its lowest levels since September 2018, signaling traders‘ intention to hold the tokens in hopes of a price rally in 2022.Notably, nearly 550,000 ETH — worth a...
Bitcoin News / Bitcoin.com - 2 years ago
Privatbank, the largest commercial bank in Ukraine, has temporarily halted transfers in national currency to digital asset exchanges. The financial institution explained the move with restrictions imposed by the country’s central bank under th...
Bitcoin News / Bitcoin.com - 2 years ago
Dubai’s Virtual Asset Regulatory Authority has licensed two cryptocurrency exchanges: Binance and FTX. The regulator was formed last week when Dubai approved its first law to regulate crypto assets.
Dubai Licenses Binance and FTX
Cryptocurren...
Cryptocoins News / The Cointelegraph - 2 years ago
Representative Brad Sherman will be introducing a bill in the House aimed at cracking down on United States businesses handling crypto transactions for Russian banks and individuals.Speaking at a hybrid markup meeting with the House Financial Service...
Cryptocoins News / Blockchain - 2 years ago
The head of the London Stock Exchange Group said that engaging with Russia could see negative consequences as Western governments look for ways to tackle Moscow’s invasion of Ukraine.
Crypto exchanges have turned a blind eye to orders for a cut of...
Bitcoin News / Bitcoin.com - 2 years ago
Japan’s top financial regulator has asked cryptocurrency exchanges in the country not to process transactions subject to asset-freeze sanctions. The penalty for unauthorized payments to sanctioned persons includes three years in prison.
&...
Cryptocoins News / Blockchain - 2 years ago
Following concerns from the Group of Seven (G7) nations, Japan has requested crypto exchanges to cancel transactions of crypto assets that are subject to asset-freeze sanctions against Russia and Belarus, Reuters reported citing national officials....
Bitcoin News / Bitcoin.com - 2 years ago
A new task force set up by the U.S. Department of Justice (DOJ), KleptoCapture, will also target cryptocurrency exchanges. Financial institutions, banks, money transmission services, and crypto exchanges that allow Russian oligarchs to move money &am...
Bitcoin News / Bitcoin.com - 2 years ago
Brandon Topham, the head of enforcement at South Africa’s financial sector regulator, has insisted that his organization has not issued warnings to some global exchanges because they deal in crypto. Rather, the warnings have been made because...
by COINS NEWS - 2 years ago
A couple of countries have now openly stated that crypto exchanges should exit Russia just as most companies. This is very furious for the governments as crypto is the only thing they have no control on. They can suppress companies to exit crypto, th...
Bitcoin News / Bitcoinist - 2 years ago
Several of South Korea’s largest crypto exchanges have allegedly joined the increasing list of global sanctions against Russian President Vladimir Putin’s regime by barring the country’s IP addresses.
Gopax, one of the major exchang...
Bitcoin News / Bitcoin.com - 2 years ago
Major South Korean cryptocurrency exchanges have introduced restrictions for Russian users, effectively joining western sanctions over Moscow’s military invasion of Ukraine. The measures include blocking IP addresses originating from the Russ...
Bitcoin News / Bitcoinist - 2 years ago
EU is working to ensure that digital assets should not bypass sanctions imposed by the alliance opposing Russia, Brune Le Maire, prime minister of France, told on Wednesday, March 02, 2022.
An alliance of twenty-seven countries imposed strict sanctio...
by COINS NEWS - 2 years ago
Does CZ, Binance and cryptocurrency at large not have a responsibility to stand up and join the masses in levelling economic sanctions? Are they providing Russia a means to circumvent financial sanctions? Are Binance thereby indirectly inhibiti...
Bitcoin News / Bitcoin.com - 2 years ago
Former presidential candidate Hillary Clinton has criticized the Biden administration and European governments for not pressuring cryptocurrency exchanges to end transactions with Russian users. She believes regulators “should look hard at...
Cryptocoins News / Blockchain - 2 years ago
The U.S. is reportedly urging major crypto exchanges to make sure no Russian individuals or institutions escape from the sanctions by using , according to Bloomberg.
Citing to personnel with direct knowledge of matters, the Biden’s administration--...
Bitcoin News / Bitcoinist - 2 years ago
Amongst the fundamental values of crypto, an important point is having financial freedom for all. Crypto is meant to be an unbiased tool, untied to the strings of governments and banks, a tool against oppression and authoritarianism.
If your money ca...
Bitcoin News / Bitcoin.com - 2 years ago
The vice prime minister of Ukraine has asked all major cryptocurrency exchanges to freeze accounts of all Russian users. However, some crypto exchanges have already denied the request. Binance confirmed it is “not going to unilaterally fre...
by COINS NEWS - 2 years ago
So far some less known crypto exchanges announced the suspention of accounts of whole Russian citizens and it seems that as war rages on this practice is getting popular and is being demanded continuously worldwide. First of all, the average Russian...
Cryptocoins News / The Cointelegraph - 2 years ago
As the West continues to impose more sanctions against Russian banks following Russia’s invasion of Ukraine, one Ukrainian official has called for sanctions on Russians’ cryptocurrency holdings as well.Mykhailo Fedorov, minister of digital transforma...
by COINS NEWS - 2 years ago
Ukraine on Sunday requested major crypto exchanges to block addresses linked to Russia and Belarus, amid growing speculation that Moscow could use the platform to subvert recent economic sanctions. But the request was criticized by the crypto c...
Cryptocoins News / The Cointelegraph - 2 years ago
Just between July 2020 and June 2021, ransomware activity soared by a whopping 1,070%, according to a recent Fortinet report, with other researchers confirming the proliferation of this mode of extortion. Mimicking the prevalent business model of the...