Business

Anti-war Russians start donating crypto to support Ukraine

While the West is growing increasingly concerned over Russia’s potential use of cryptocurrencies to evade sanctions, some Russians are using their Bitcoin (BTC) to help

Business

Tencent files for patent related to virtual concerts in Metaverse

Chinese tech conglomerate Tencent has filed for a virtual concerts patent with the Chinese National Intellectual Property Administration (CNIPA) according to business data-tracker Qichacha. The

Business

New York state ramps up blockchain monitoring to enforce sanctions

New York state’s efforts to enforce sanctions against Russia have ramped up a gear with the Department of Financial Services, or DFS, expediting the procurement

Business

SEC investigating NFT market over potential securities violations: Reports

The U.S. Securities and Exchange Commission (SEC), led by crypto-skeptical Chairman Gary Gensler, is reportedly investigating NFT creators and marketplaces for securities violations, according to

Business

EU is ‘taking measures’ against Russia using crypto to bypass sanctions, say finance ministers

Economy and finance ministers representing nations in the European Union have said they will address Russia’s potential use of cryptocurrencies to evade sanctions imposed on

Business

US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions

Federal Reserve Chair Pro Tempore Jerome Powell and some members of the United States House of Representatives called for congressional action on crypto in response

Business

EU will cut off 7 Russian banks from SWIFT, with ordinary Russians facing consequences

On Wednesday, the European Union announced that within 10 days, it intends to remove seven Russian banks from the Society for Worldwide Interbank Financial Telecommunication, or SWIFT,

Business

Binance back in Malaysia via a strategic stake in regulated digital exchange

Binance, the world’s leading crypto exchange by trading volume is returning to the Malaysian markets with a strategic stake in the country’s regulated digital asset

Business

Aussie advisory committee lists key factors for easing crypto adoption

Cyber Security Industry Advisory Committee, the Australian cybersecurity advisor, highlights various crypto-related opportunities for the government to undertake as it prepares for the global mainstreaming

Business

Experts reject concerns Russia will use crypto to bypass sanctions: ‘Totally unfounded’

Experts on crypto policy argue that concerns expressed by high profile politicians about Russia evading economic sanctions using cryptocurrency are “totally unfounded.” They say the