2022-5-9 08:14 |
Failure to align with the wider financial services industry by enforcing sanctions against Russia will come at a high cost for the crypto sector. origin »
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Yesterday, a group of democratic co-sponsors led by Senator Warren introduced a bill titled the Digital Asset Sanctions Compliance Enhancement Act. The post Here’s how the new sanctions bill could hurt the crypto industry appeared first on CryptoSlate.
2022-3-19 11:00 | |
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Crypto execs signal their readiness to comply with sanctions, but decentralization itself puts crypto in a vulnerable position.
2022-3-13 16:56 | |
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In a CNBC interview with industry experts and former CIA economic analysts, it was revealed that the crypto market was not a practical solution for Russia. However, exchanges have to be placed on high alert for oligarchs and entities that might use cryptocurrencies to evade sanctions.
2022-3-13 15:17 | |
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Chainalysis, the blockchain data platform, today announced the accelerated launch of two sanctions screening tools – an on-chain oracle available today and an API expected...
2022-3-12 07:17 | |
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MetaMask and Infura raised Crypto Twitter’s ire after accidentally blocking some users from its service to comply with new U.S. sanctions.
2022-3-4 06:12 | |
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Iran is one of the few countries that has embraced cryptocurrency mining as a legal business in a bid to increase revenues and escape the tough economic U.S. sanctions placed on the country. In a bid to regulate the crypto mining industry and eliminating confusion within the industry, the government will place monitoring controls on […]
2020-7-8 17:34 | |
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In the latest stage of its transformation from hobbyist activity to professional industry, Bitcoin mining is being embraced by governments as a way to sidestep sanctions and bolster the local economy.
2019-8-10 16:00 | |
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The Iranian government has authorized the mining of cryptocurrencies like bitcoin as an industrial activity on the sidelines of a gloomy economic outlook. Mehr News reported today that miners would need to obtain required licenses from the Ministry of Industry, Mine, and Trade.
2019-7-29 16:00 | |
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The Venezuelan president and his administration are said to be using proceeds from the airline industry – and cryptocurrency – to avoid sanctions.
2019-7-26 21:00 | |
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Irans Head of Economic Commission has announced to Mehr News Agency that the government now officially acknowledges the cryptocurrency industry. Seemingly, with a primary motivation to alleviate the weight of sanctions imposed by the U.
2019-7-23 02:18 | |
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Several countries across the world have joined the Bitcoin and cryptocurrency bandwagon, either in full or partial capacity. China, Russia, and Iran have made news in the cryptocurrency industry either due to positive adoption or because of integrating the ingrained technology for their own use cases.
2019-7-14 22:00 | |
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Representative for Iran’s Ministry of Industry, Trade, and Supply says US Congress sees mining in Iran as a threat to the success of sanctions
2019-7-8 21:42 | |
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A lot has been debated about whether Bitcoin would eventually disrupt traditional systems, or whether the latter would just embrace the technology. The decentralized ledger technology has undoubtedly garnered the attention of skeptics, as industry giants are looking forward to revolutionizing the existing system by leveraging the underlying tech or jumping into the cryptocurrency ecosystem […] The post Bitcoin’s decentralized nature will render military superiority, economic sanctions irrelevant appeared first on AMBCrypto.
2019-7-2 01:30 | |
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By CCN: According to local reporting, Facebook’s Global Coin might soon be used to value barrels of oil, according to one wide-ranging article about the impact of technology on the Russian economy.
2019-6-7 08:05 | |
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North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report.
2019-4-25 17:04 | |
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Bitcoin Can Help Kim Avoid Sanctions In a recent U. N. Security Council meeting, a panel of industry experts claimed that North Korea could have upwards of $670 million worth of currencies that isn’t the nation.
2019-3-9 03:49 | |
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As more countries are coming to terms with the concept of cryptocurrency, there are many governments producing their own coins to have some kind of standing in the industry. One of the latest to create a coin with the local currency is a stablecoin in Iran. The country has decided that their new crypto asset […]
2019-1-28 08:22 | |
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Last week, two of the largest banking regulators within the European Union released reports calling for uniformity in the regulations of crypto assets and Initial Coin offerings (ICOs) across the continent.
2019-1-16 01:54 | |
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Several known crypto companies have been granted licenses to operate from Gibraltar since the British overseas territory adopted business-friendly regulations for the nascent industry. According to Gibraltar’s trade minister, Albert Isola, the government is now focused on creating a “supportive environment” for the sector.
2019-1-11 01:00 | |
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The leading crypto industry association in Crimea has proposed establishing an international training center to prepare experts from countries that have been placed under western sanctions. The idea is to use advanced technologies associated with cryptocurrencies to attract foreign investors to these jurisdictions.
2018-11-17 22:20 | |
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Experts from Russia will provide support for the development of Iran’s crypto-economy. The cooperation is part of an agreement reached by representatives of leading industry organizations from the two countries, both subjected to western sanctions.
2018-11-15 03:55 | |
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With a revision to the popular exchange’s terms of use, users from a handful of jurisdictions will have their access to Poloniex shuttered. According to an October 18, 2018, update, “the websites and the services offered by Poloniex (as defined below) are NOT addressed to persons who have their registered office or place of residence in China, Germany, Pakistan, the U.
2018-10-26 22:46 | |
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Network fundamentals continue to suggest a vast improvement in scaling capacity and stewardship by the entire industry. Increases in both interest and access to Bitcoin at the retail and institutional levels continue to pave the way for further adoption and understanding.
2018-9-17 21:03 | |
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Iran’s defiance of the US sanctions and its entry into alternative financial systems is creating inroads for cryptocurrencies. After being sidelined from the Belgium-based global banking and finance system SWIFT, the country is left with few options to handle payments and remittances internationally.
2018-9-6 16:59 | |
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The acceptance of cryptocurrency in Iran could be caused by fear of US sanctions.
2018-9-6 00:01 | |
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Recently, Iran have announced that they will start to recognise cryptocurrency mining as an industry. This comes after an increased pressure on the country by the United States changing the economic sanctions.
2018-9-5 18:00 | |
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Venezuelan President Nicolas Maduro recently revealed that the nation’s oil-backed cryptocurrency, the petro, will be used as a unit of account by the state oil company PDVSA.
2018-8-16 00:26 | |
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Hyperinflation is rampant in Venezuela as bitcoin trading volume keeps hitting new records each week. Meanwhile, authorities are scratching their heads on how to rein in the burgeoning, albeit underground industry, including attempts to crackdown on the importation of cryptocurrency mining equipment.
2018-6-22 03:00 | |
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Mayor Ken Sim isn’t just paying lip service to Bitcoin supporters when it comes to his pro-Bitcoin rhetoric and proposals — he’s a true believer.
Under U.K. Prime Minister Rishi Sunak, former Economic Secretary Andrew Griffith will become the next minister of state in the Department for Science, Innovation and Technology.
Lawmakers are scheduled to return to the House of Representatives on Oct. 11 to vote on a replacement for Speaker Kevin McCarthy, whose position has been vacant for a week.
Ripple’s newest head of U.S. public policy previously worked in similar roles at Softbank Group, Zoom and Lyft following six years in government.
The launch comes ahead of a series of AI forums to be hosted by U.S. Senate Majority Leader Chuck Schumer.
Members of the House Financial Services Committee questioned the “timing and circumstances” of FINRA approving Prometheum’s special purpose broker-dealer license in May.
The group raised concerns over Prometheum’s changing position on crypto regulatory clarity and under what circumstances the firm obtained a special purpose broker-dealer license.