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Russian Finance Ministry to Draft 2 Crypto Laws as Central Bank Prepares Own Bills

Russian Finance Ministry to Draft 2 Crypto Laws as Central Bank Prepares Own Bills

The Russian Ministry of Finance has proposed the adoption of two pieces of legislation aimed at regulating cryptocurrencies. The drafts will be presented for public discussions expected to continue until March 18. Media reports have

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Crypto Exchange Binance Joins Expert Center at Russian Banks Association

Crypto Exchange Binance Joins Expert Center at Russian Banks Association

Digital asset exchange Binance has become the first crypto company to support the Association of Banks of Russia in efforts devoted to regulating the country’s growing cryptocurrency market. The coin trading platform will also work

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Fed Bans Senior Officials From Cryptocurrency Investing

Fed Bans Senior Officials From Cryptocurrency Investing

The Federal Reserve has banned its senior officials from investing in cryptocurrency. “Officials covered by the new rules will have 12 months from the effective date of the rules to dispose of all impermissible holdings,”

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Criminal Whales Hold More Than $25 Billion Worth of Crypto (Chainalysis Report)

Criminal Whales Hold More Than $25 Billion Worth of Crypto (Chainalysis Report)

Blockchain data company – Chainalysis – claimed that criminal whales make up 3.7% of all cryptocurrency whales. These bad actors collectively own over $25 billion in digital assets. Almost 4% of Crypto Whales Are Criminals

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Criminally Obtained Crypto Balances Estimated to Top $11 Billion in 2021

Criminally Obtained Crypto Balances Estimated to Top $11 Billion in 2021

New data from Chainalysis shows that criminals’ crypto balances totaled roughly $11 billion in 2021. The post was a preview of its crypto crime report for 2022. Blockchain security and data analytics company Chainalysis released

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Insuring Your Crypto Against Loss: Here’s What the Future Holds

Insuring Your Crypto Against Loss: Here’s What the Future Holds

It’s a sobering statistic: there have been 60 exchange hacks resulting in more than $75bn in crypto stolen. So how can we insure against loss? Business insurance, fortunately, has been around for a while. If

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Sequoia Capital Raises $600 Million to Invest in Crypto

Sequoia Capital Raises $600 Million to Invest in Crypto

One of the oldest and most influential venture capital firms – Sequoia – has become even more active in the cryptocurrency space. In the latest development, he announced a new $500-600 million sub-fund that will

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Russia Adopts Law Allowing State to Seize Illegal Funds, Digital Assets From Officials

Russia Adopts Law Allowing State to Seize Illegal Funds, Digital Assets From Officials

The State Duma of Russia, the lower house of parliament, has passed a law permitting law enforcement authorities to seek confiscation of illegally obtained funds from government officials, including cryptocurrency. The state may attempt to

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Crypto.com’s CRO Rebrands to Cronos, Token Mechanics Remain Unchanged

Crypto.com’s CRO Rebrands to Cronos, Token Mechanics Remain Unchanged

Say goodbye to Crypto.com Coin and hello to “Cronos” – the popular crypto exchange’s new name for its CRO utility token. The token, which is native to the Crypto.org and Cronos EVM chains, will not

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Crypto Exchange Binance Halts Activities in Israel After Regulator Raises Licensing Issue

Crypto Exchange Binance Halts Activities in Israel After Regulator Raises Licensing Issue

Binance has reportedly halted services in Israel after the cryptocurrency exchange was approached by the country’s financial regulator inquiring about its activities and the licenses under which it operates. A growing number of regulators have

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