Only a small portion of cryptocurrency transactions have illicit purposes and the use of digital coins in illegal activities is mostly a myth, a senior Russian lawmaker recently said. Andrey Lugovoy, who is one of the MPs working on new crypto regulations, also said that Russia can become a world leader in crypto mining. Russian … Read more
Image source: Getty Images Problem in the metaverse as a fraudulent casino makes false promises. Key points Five US states are simultaneously filing an emergency cease and desist order against the Flamingo Casino Club, a metaverse virtual casino. The scam included false promises of NFT giveaways, horse racing and lotteries. On Wednesday, Texas, Wisconsin, Kentucky, … Read more
The cryptocurrency industry has quietly lobbied US lawmakers against legislation aimed at preventing Russian oligarchs from using digital currencies to evade sanctions imposed on Russian President Vladimir Putin’s allies and their businesses in the aftermath of Russia’s attack on Ukraine. The Blockchain Association, a lobby group that represents more than 70 crypto platforms including Ripple, … Read more
Crypto exchange Currency.com announced that it will ban Russian users on Tuesday. Now based in Gibraltar, the platform was previously based in Belarus and has offices in Kyiv. Most major exchanges have not restricted access to Russian users, calling them innocent citizens. Loading Something is loading. Belarus-related crypto platform Currency.com said tuesday it would restrict … Read more
Scenes of devastation, people missing and presumed dead, tales of torture: reports from this small town of around 13,000 people, among the first to be occupied by the Russian invader and located on a key access road to the capital, cause consternation. If the city has not yet located and counted all its dead, the … Read more
“It’s our smart and peaceful tool to destroy the Russian economy,” he said. Fedorov’s strategy looks like this: he will write to business leaders, then tweet a photo of his letter. If a tech company responds to his request, he’ll usually tweet it too. It’s hard to say if his tweets alone have influenced tech … Read more
Data from blockchain analytics firms shows purchases and trades of Russian-denominated crypto on major exchanges have failed, debunking theories that the country will turn to digital assets to circumvent sanctions. When Bitcoin rose more than 15% last week, some industry experts attributed the surge to Russians buying cryptocurrency in the face of increased economic sanctions. … Read more
NEWYou can now listen to Fox News articles! Russian society is divided over the war in Ukraine, and we really don’t know how much. Polls are not considered reliable. A new law threatening imprisonment for “false” news and discrediting the army has sown silence across the country. The Russian Orthodox Church is one of the … Read more
Japanese authorities plan to introduce new, stricter rules for traders of crypto in order to prevent Russia from using cryptocurrencies to evade sanctions. The legislative decision comes after Tokyo at asked digital asset exchanges to increase transaction monitoring this month. New regulations to prevent the Russian from evading sanctions The Japanese authorities are about to … Read more
The Ukrainian Ministry of Digital Transition opened the Meta History Museum of War on Friday. A platform supplied every hour with illustrations by artists to retrace each stage of the conflict and buy, thanks to the sale of these digital works, military and civilian equipment. The Ukrainian Ministry of Digital Transformation launched its Meta History … Read more