Former chief executive of the Russian cryptocurrency exchange Wex, Dmitry Vasiliev, has been released from arrest in Warsaw earlier this month. The ex-head of the now-defunct coin trading platform has since returned to Russia while court proceedings against him in Poland are still ongoing. Polish Court Rejects Extradition of Wex Executive to Kazakhstan Authorities in…
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On September 30, the Italian luxury fashion house Dolce & Gabbana sold an NFT collection for $5.7 million or 1,885 ether. The designers’ Collezione Genesi collection was sold via the platform UNXD, a Polygon network-powered marketplace.
Dolce and Gabbana’s Collezione Genesi Rakes in 1,885 Ether
Dolce and Gabbana’s first-ever non-fungible-token (NFT) drop, Collezione Genesi…
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Dmitry Vasiliev, former chief executive of Russian cryptocurrency exchange Wex, has been detained in Warsaw, the Polish press reported. Vasiliev is wanted in Kazakhstan where he is accused of fraud related to the now defunct trading platform, successor of the infamous BTC-e exchange. Former Wex Executive in Polish Custody as Prosecutor’s Office Reviews Extradition Request…
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Inter Milan, Italy’s reigning soccer champion, has signed a partnership agreement with blockchain company Zytara Labs. The collaboration aims to provide users of the club’s mobile app with access to crypto products and allow Inter to create digital collectibles for fans around the world. Italy’s Inter Finds Sleeve Sponsor in the Crypto Industry The €85…
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Italian financial services firm SIA plans to launch an Ethereum-based platform for secondary credit trading in the second half of 2021. SIA, an Italian company specializing in e-payment services, is working on a blockchain-based system to enable secondary credit trading. The upcoming platform will allow banks, funds and financial operators to negotiate secondary credit transactions…
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Bitgrail’s founder, Francesco Firano, is accused of fraud related to the massive hack back in 2018. Italian authorities have found Bitgrail’s founder responsible for fraudulent activity related to the 2018 hack of the platform that resulte in the loss of $150 million. Francesco Firano, the sole director of now-defunct cryptocurrency exchange Bitgrail, is accused of…
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Banca Generali will introduce crypto to its customers in 2021 following a partnership with an Italian custody service provider. Major Italian private bank, Banca Generali, is planning to introduce cryptocurrency services in 2021. According to a Dec. 15 announcement, Banca Generali has entered a corporate and commercial partnership with Conio — a fintech company providing traditional…
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A vast number of nations, including many G-7 members, want more rules for crypto. Digital-asset regulation has been a hot topic in 2020 and shows no signs of cooling. A recent G-7 meeting concluded that the sector faces an ongoing need for regulation. In addition to talking about COVID-19 and economic issues, the group “also…
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There is a way for crypto exchanges and soccer clubs to work together. Another major soccer club is entering the cryptocurrency industry by tapping a partnership with a cryptocurrency exchange. SS Lazio, an Italian professional sports club, signed a multiyear deal with crypto trading platform StormGain. Announcing the news on Wednesday, StormGain said that it…
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The Italian Banking Association announced it would be ready to start work on a European central bank digital currency. The Italian Banking Association (ABI) has revealed it would be willing to support the implementation of a digital currency from the European Central Bank. According to a June 28 update on the ABI website, the association…
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