A new tool from Chainalysis that prevents the bypassing of sanctions
Chainalysis, a well-known company specializing in Blockchain network data analysis, is currently working on software to monitor compliance with economic sanctions. The idea behind the project is to bring exchanges and DeFi systems under greater regulatory supervision. In This Article: Exchanges under supervision Tracking software…
The founder of the Dfinity Foundation wants to pay Russians to watch news about Ukraine
Dominic Williams, the founder of the Dfinity Foundation, has offered cash rewards to Russians for watching news footage of the ongoing war in Ukraine. The money is to be paid in cryptocurrencies. In This Article: The fight against Russian disinformation Williams’ controversial proposal Reactions from…
Will Russia accept payments in BTC?
The chairman for energy of the State Duma, Pavel Zavalny, told the media that the Russian Federation could trade with “friendly” countries in national currencies or bitcoins. In This Article: Payment in cryptocurrency “Friendly” and “unfriendly” countries Cryptocurrency policy change Payment in cryptocurrency At a…
New guidelines from the British Advertising Standards Authority
In response to the content of past ads promoting cryptocurrencies, the UK’s Advertising Standards Authority has formulated new guidelines that service providers in the sector must follow. In This Article: ASA appeal The contents of new regulations Deadline: 2nd of May FCA ordered the shutdown…
An oil company will use energy from wells for mining
The Canadian oil company Bengal Energy wants to use excess energy from gas wells to mine bitcoin. Moreover, it intends to concentrate 70 BTC miners in a portable building near Cooper Basin. In This Article: Demand for alternative energy sources The Bengal Energy initiative Coal…
A suspicious cryptocurrency wallet has been discovered that might belong to Russian oligarchs
London-based company Elliptic, which specializes in analyzing Blockchain networks for investors and various institutions, has identified a suspicious cryptocurrency wallet containing the equivalent of several million dollars. It is suspected that it may be connected to Russian oligarchs. In This Article: The control of transactions…
Binance will not block Russian users’ accounts
Binance, one of the world’s biggest cryptocurrency exchange platforms, will not block Russian users’ accounts. The company’s CEO says doing so would be unethical. On this page Sanctions on Russia Binance complies with sanctions imposed on Russia Refusals from other exchanges Sanctions on Russia The…
Will the EP prohibit transactions using private wallets?
There are debates taking place in the European Parliament on the regulation of the cryptocurrency market. New rules could deprive private wallet users of the right to carry out transactions using them. On this page Regulations in the cryptocurrency market A new controversial project Further…
Bitcoin’s first education center is coming soon
The first education center dedicated entirely to BTC will be established in El Salvador. The initiative aims to spread knowledge about the world’s most famous cryptocurrency. The relationship between El Salvador and Bitcoin has been known for a long time: it is there that BTC…
Cryptocurrencies in US banks?
About three hundred banks in the United States plan to incorporate bitcoin trading using mobile apps into their service. This is to address the growing interest in cryptocurrencies among customers. According to preliminary estimates, about three hundred banks across the United States intend to introduce…