President Volodymyr Zelenskyy has signed the law “On Virtual Assets” which aims to regulate the crypto market in Ukraine. The approval comes as his country is increasingly relying on cryptocurrency donations to fund its defense and deal with humanitarian problems amid an ongoing Russian invasion. Law Regulating Cryptocurrencies Approved by Ukraine President Zelenskyy Ukrainian President…
Read more
More than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector. Authorities have revealed that some of the facilities are linked to prominent businessmen and former government officials. Financial Watchdog Goes After Crypto Miners Across Kazakhstan The rapid expansion of crypto mining in Kazakhstan, since last…
Read more
It’s an especially simplified process for American and Canadian Coinbase users, who can use their debit cards for transfers. On Wednesday, Coinbase launched a new feature, dubbed “Coinbase Pay,” that enables its clients to fund their Coinbase Wallets directly from a Chrome browser extension. According to its staff, Coinbase Pay intends to make it intuitive…
Read more
“Crypto forensics firms” such as Elliptic and Chainalysis appear to be making a name for themselves in the international media – with their blockchain analysis tools allowing them to allegedly make key advances in Western governments’ search for crypto-using Russian sanction evaders…. Read More: Elliptic Claims Breakthrough in Search for Russian Crypto Sanctions Evaders…
Read more
Ukraine’s Ministry of Digital Transformation, in cooperation with major crypto exchange FTX and staking platform Everstake, has launched a crypto fundraising site to provide interested users with a convenient portal for donating to Ukrainian causes…. Read More: Ukraine Launches Crypto Fundraising Site With FTX as Donations Slow Down Read more »Pay, Trade, Buy Bitcoin…
Read more
“Post-merge blocks are being produced by validators, and they contain transactions!” said Ethereum developer Tim Beiko. On Tuesday, Ethereum (ETH) developer Tim Beiko tweeted that Kiln successfully passed the Ethereum Merge, with validators producing post-merge blocks containing transactions. Kiln will be the last Merge testnet (formerly Ethereum 2.0) before existing public testnets are upgraded. “Merge”…
Read more
“Next round will be our Series ETH, where we will assist investors in getting fully crypto native,” says Joseph Lubin, founder and CEO of ConsenSys. On Tuesday, ConsenSys, the leading Ethereum and decentralized protocols software company with product suites such as MetaMask, Infura and Truffle, announced the close of a $450-million Series D funding round led…
Read more
Crypto adoption appears to be on the rise in Russia – where lawmakers have suggested the idea of fostering domestic crypto exchanges as an alternative to using international platforms. Per the Russian Parliamentary Gazette, Aleksander Yakubovsky, an MP and part of the crypto working group that is seeking to create a framework of regulations…
Read more
Japan’s top financial regulator, the Financial Services Agency (FSA), and the Ministry of Finance have told domestic crypto exchanges to suspend all transactions with Russians and Belarusians who have been hit with international sanctions. Per Nikkei and Reuters, Tokyo is moving “in line with the United States and Europe,” in a bid to prevent…
Read more
Changes to the EU’s MiCA proposal to regulate crypto markets, suggested shortly before a vote on the package, indicate a bitcoin ban is still a possibility. Despite recently removing wording that would have prohibited coins with energy-intensive mining, some members of the European Parliament are now targeting “unsustainable” cryptocurrencies. New MiCA Paragraphs Call for Subjecting…
Read more
