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Russia’s Sber, the operator of Sberbank, says it will join the Central Bank’s digital ruble pilot, in a major coup for the nation’s CBDC.

Russian Business Titan Sber to Join Digital Ruble Pilot

Vedemosti reported that Sber’s influential CEO, the former Economy Minister Herman Gref, said his firm “will definitely” join a “second wave” of banks that wil...

11 months ago

Crypto exchanges need to obtain licenses from ASIC.

Australia Proposes Tighter Crypto Rules: Mandatory Licenses and Reviews

The Australian government is proposing licensing cryptocurrency trading platforms, along with tighter oversight of customers’ funds. A proposal released today (Monday) detailed t...

11 months ago

The co-founder and former chief executive officer of Voyager Digital Ltd. broke derivatives rules while at the helm of the crypto lender, leading to its bankruptcy and $1.7 billion in customer losses, US regulators alleged Thursday.

CFTC Sues Former CEO of Bankrupt Crypto Lender Voyager

The Commodity Futures Trading Commission filed a lawsuit against Stephen Ehrlich in US federal court in New York, claiming he and Voyager “fraudulently solicited participation in and opera...

11 months ago

WeChat operator, Tencent, announced the launch of a new digital yuan smart contract enterprise credit solution platform.

Tencent launches credit solution for digital yuan

The new platform aims to bring a more convenient and efficient financing service for small and medium-sized enterprises. The project will use the digital yuan as the payment ...

11 months ago

Beware of the El Paso Crypto Scam: Fake FBI Letters Preying on Identity Theft Fears

Texas city locals warned of crypto scam impersonating FBI

The Federal Bureau of Investigations (FBI) in El Paso has warned the city’s residents of a crypto scam that convinces targets to send cryptocurrency and other funds, under the guise that t...

11 months ago

Amicus briefs filed to support the SEC argue crypto is insignificant, only used for speculation, and captured by existing investor-protection rules.

U.S. State Regulators Intervene in Coinbase’s Unregistered Securities Case

Coinbase is fighting a potentially existential case from federal regulators who argue it operated an unregistered securities exchange. Three new legal filin...

11 months ago

Electronic currencies have been used by terrorist groups to evade financial sanctions

Hamas terrorists were sent millions in crypto before Israel attack

Hamas and its allies were sent hundreds of millions of pounds’ worth of cryptocurrencies in the months before the terrorist group’s attacks on Israel. More than $134m ...

11 months ago

The recent release of Pi Network’s roadmap plans has caused a stir among its followers. However, for some, these updates just aren’t enough…

Pi Network Announces New Two-Stage Roadmap: Some Followers Prove Cynical

As announced in a blog post on October 9, and subsequently shared on X (Twitter) by @PiNewsMedia , Pi Network has announced the rollout of a new roadmap in two stag...

11 months ago

Israeli authorities had previously seized around 190 Binance accounts with alleged ties to terrorist groups.

Hamas-Linked Crypto Accounts Frozen by Israeli Police, With Binance's Help: Report

Israeli police have frozen cryptocurrency accounts linked to Palestinian militant group Hamas, local media outlet Calcalist reported Tuesday, citing an official press statement. ...

11 months ago

The Culture Media and Sport Committee accused clubs of 'promoting volatile cryptoasset schemes to extract additional money from loyal supporters'.

Football clubs should be stopped from using crypto tokens for fan engagement, say MPs

Football clubs should be prevented from selling crypto-based "fan tokens" as part of engagement with supporters by the sport's incoming regulator, according to a cross-party commit...

11 months ago