Russia’s Financial Watchdog Investigates 400 Crypto-Related Cases, Director Tells Putin

Rosfinmonitoring is conducting hundreds of investigations into cases involving cryptocurrencies, the head of the agency announced. Hundreds of thousands of Russians take part in crypto deals abroad, the top regulator also reported to the Russian president. Russian Authorities Initiate 20 Criminal......

Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves

Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCBs subsidiary, New York Community Bank, will become a custodian for the companys stablecoin reserves. Circle Partners......

Signaler: Morocco’s Central Bank to Unveil Crypto Regulation Bill Soon

The Moroccan central bank is presently working on a cryptocurrency regulation framework bill and according to the banks governor, Abdellatif Jouahri, this is set to be introduced soon. The regulatory framework being worked on will result in Moroccos money laundering and......

SEC Chair Gensler Proposes ‘One Rule Book’ Crypto Regulation

The chairman of the U.S. Commission de Sécurité et d'Echanges (SECONDE), Gary Gensler, has reportedly proposedone rule bookfor the regulation of crypto assets. “If this industry is going to take any path forward, it will build some better trust in......

Crypto Firm Voyager Digital Secures a $500M Line of Credit From Alameda Ventures to Cope With 3AC Exposure

Three days ago, Bitcoin.com News reported on the publicly listed company Voyager Digital after the crypto firm announced that it was owed $655 million worth of digital assets. Now according to a press release from Voyager, the company has secured funds......

British MP Calls for ‘Liberal’ Crypto Regulation — Says ‘No Country Can Stop This Revolution’

British Parliament Member Matt Hancock has called forliberalcryptocurrency regulation, noting that no country can stop the crypto revolution. “I hate the patronizing idea of regulators telling people what they can and cant do with their money,” the lawmaker stressed.......

SHIB’s Shibarium Public Beta Is Planned for Deployment in Q3

The shiba inu crypto community is anticipating the launch of the layer two (L2) scaling solution Shibarium after it was revealed that the public beta will launch in the third quarter. According to shiba inu developers Shytoshi Kusama and Ryoshi, les......

E-Commerce Giant Ebay Acquires NFT Marketplace Knownorigin

The e-commerce and online auction giant Ebay has announced the company has acquired the non-fungible token (TVN) marketplace Knownorigin. Ebay declared that the acquisition is animportant step in Ebays tech-led reimagination.Ebay Purchases NFT Marketplace in Order to Make E-Commerce......

Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services

Tencents Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions......

Iran to Shut Down Crypto Mining Farms Amid Record High Power Demand

Authorities in Iran plan to unplug licensed crypto mining facilities as electricity consumption in the country is reaching record highs. The mining farms will be cut off from the grid on Wednesday, the Islamic Republics Ministry of Energy announced. Legal Crypto......