Russia bill could see crypto become legal tender
The Russian Ministry of Finance has finalised a crypto bill which has recommended using cryptocurrencies as legal tender.
Why business risk assessments can help de-risk cryptocurrency
A recent post by RegTech firm Arctic Intelligence has detailed what virtual asset service providers can do to help de-risk cryptocurrency.
EU targets crypto in new wave of Russia sanctions
The European Union will target crypto wallets and currencies of Russia in another round of sanctions against the country.
Coinpanion increases seed round to €5.5m
Coinpanion, a start-up for easy entry into the world of crypto investments, has widened its seed round from €1.8m to €5.5m.
UK sets out plans to become global cryptoasset technology hub
The UK government has unveiled its plans to make the country a global centre for cryptoasset technology.
EU calls for ideas on CBDC legislation challenges
The European Commission has issued a ‘call for ideas’ to help inform rule makers around the legislative roadblocks of a digital euro.
FCA enables small number of crypto firms to trade after registration deadline
The Financial Conduct Authority (FCA) has allowed a number of cryptocurrency companies to continue trade past a licensing deadline as it continues to assess applications.
EU Parliament votes to introduce KYC on private crypto wallets
The European Parliament has voted to introduce new regulatory measures that would essentially restrict cryptocurrency transactions by anonymous accounts.
US DoJ charges fraudsters for $1m NFT fraud scheme
Two fraudsters have been charged with conspiracy to commit wire fraud and conspiracy to commit money laundering through a non-fungible token (NFT) fraud scheme.
Hackers plunder $600m in cryptocurrency from online game
A major digital cash heist has led to cryptocurrency valued at over $600m being stolen from a digital ledger used by players of the Axie Infinity online game.
