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Ministries Queried About Missing 200,000 Bitcoins as Bulgaria Explores Crypto Payments

Ministries Queried About Missing 200,000 Bitcoins as Bulgaria Explores Crypto PaymentsThe recently elected government of Bulgaria has found itself in the position of answering questions about the fate of billions of dollars’ worth of cryptocurrency reportedly confiscated by the country’s law enforcement five years ago. Meanwhile, the new finance minister has revealed that authorities in Sofia are now exploring options to implement a crypto payment […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Bank of Russia to Monitor Banks’ Dealings With Crypto Exchangers

Bank of Russia to Monitor Banks’ Dealings With Crypto ExchangersThe Central Bank of Russia has started to examine the operations of Russian banks with cryptocurrency exchangers, according to local media. Transactions between individuals through these platforms are of particular interest as the regulator believes these carry risks of financial losses and fraud. Central Bank Asks Russian Banks for Details on Crypto-Related Transactions In late […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Bank of Russia to Collect Data on Crypto-Related Transactions Between Individuals

Bank of Russia to Collect Data on Crypto-Related Transactions Between IndividualsThe Central Bank of Russia (CBR) plans to obtain information from commercial banks pertaining to some money transfers between private individuals, including clients trading cryptocurrency. The measure is likely to affect online crypto exchangers which the regulator accuses of conducting illegal operations. Central Bank to Check Transactions Between Russians Exchanging Crypto As part of efforts […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

Court Ruling Threatens 17 Crypto Exchanges in Russia

Court Ruling Threatens 17 Crypto Exchanges in RussiaAnother batch of Russian online crypto exchanges in Russia face closure following a recent decision by a regional court. Information published on their websites has been deemed illegal meaning the country’s telecom watchdog can block access to their platforms. Roskomnadzor May Take Down Blacklisted Crypto Exchanges A number of websites providing options to exchange, cash […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’

European Union to Release Digital Wallet for Payments Next Year

European Union to Release Digital Wallet for Payments Next YearThe European Union (EU) will launch a digital wallet allowing citizens of any country in the bloc to make payments and access services provided by each state, also allowing for the storage of digital ID information. The wallet, which will reportedly be launched next year, could be tied in with the digital euro project, a […]

Bitcoin counts down to $100K BTC price as shorts risk ‘violent breakout’