As the West has unleashed severe financial sanctions and companies have abandoned operations in Russia, attention is now turning to companies that have yet to take a stand. While many corporate American strongholds, including Nike, Apple, ExxonMobil and Harley-Davidson, have withdrawn from Russia, some of the most famous companies areRead More →

Ukrainian Deputy Prime Minister Mykhailo Fedorov asked cryptocurrency exchanges to block the addresses of their Russian users last weekend. noted: “It is crucial not only to freeze addresses linked to Russian and Belarusian politicians, but also to sabotage ordinary users” following the Russian invasion. For the executives of some ofRead More →

Major exchanges, interviewed by the Russian press, indicated that they are not afraid of the upcoming tough crypto regulations. The requirement for coin exchanges to establish a local office is one of the proposals in a regulatory roadmap drafted by the government in Moscow. Cryptocurrency exchanges to open a shopRead More →

Cryptocurrency companies have put forward several proposals to regulate cryptocurrency, ranging from making exchanges liable for any money laundering or other regulatory concerns to differentiating between different exchanges based on their net worth and their technology. In a series of recent meetings between some crypto exchanges, their advisors, and governmentRead More →

New problems could be brewing for cryptocurrency exchanges, as the income tax department is now planning to investigate them on the tax applicable to their total income. This comes after the Goods and Services Tax (GST) department conducted research last week on crypto exchanges. The direct tax department may lookRead More →

Today, Zodiac Guard announced that it was conducting trials with DMG Blockchain Blockseer Petra solution, for routing cryptocurrency transactions to compliant green mining pools. Additionally, there are plans to add risk ratings to the counterparties of crypto transactions. Based in the UK, Zodia Custody was founded by Standard Chartered inRead More →

Here is another way to invest in the cryptocurrency market. Cryptocurrency has become a hot investment option and everyone is gearing up to stake popular cryptocurrencies such as Bitcoin, Ethereum, Binance, XRP, and Litecoin. Although these digital tokens can be purchased on several trading platforms and exchanges, cryptocurrency mining poolsRead More →

Financial regulators in South Korea have asked banks to provide information on their dealings with cryptocurrency companies, local media reported Wednesday, as authorities seek to determine how many cryptocurrency exchanges are operating at within the country’s borders. An anonymous regulator has asked banks to reveal the corporate accounts of cryptocurrencyRead More →