Treasury Secretary Yellen Holds Unscheduled Meeting With Top Financial Regulators Amid Turmoil in Banking Sector

March 25, 2023 Bitcoin.com

Banking

U.S. Treasury secretary Janet Yellen initiated an unscheduled Financial Stability Oversight Council (FSOC) meeting with the country’s top financial regulators on Friday amid issues plaguing the U.S. banking sector. Banking stocks and all four U.S. benchmark indexes fell again on Friday as the government’s efforts last week failed to quell the country’s financial calamity. Janet […]

Stablecoin Market Grew by 5 Million in October – Which Tokens Are Leading the Pack?

Stablecoin Market Grew by $555 Million in October – Which Tokens Are Leading the Pack?

Binance to Restrict Ukrainian Hryvnia Operations Via 2 Payment Providers

March 15, 2023 Bitcoin.com

AdvCash

Crypto exchange Binance will stop processing transactions with Ukrainian hryvnia through two payment platforms later in March. The move follows an earlier suspension of deposits and withdrawals using bank cards in the national currency of Ukraine. Ukrainian Users Lose More Fiat Options to Trade on Cryptocurrency Exchange Binance The world’s leading digital asset exchange in […]

Stablecoin Market Grew by $555 Million in October – Which Tokens Are Leading the Pack?

Bank of Russia Moves to Safeguard Crypto Companies Against Sanctions

December 16, 2022 Bitcoin.com

Bank of Russia

The Central Bank of Russia has introduced measures to protect entities working with digital assets from sanctions pressures. These businesses will be exempted from some reporting requirements as part of a regulatory relief intended to minimize the burden on financial organizations. Russia’s Central Bank Eases Supervision of Digital Asset Platforms Amid Sanctions The Central Bank […]

Stablecoin Market Grew by $555 Million in October – Which Tokens Are Leading the Pack?

Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand

December 1, 2022 Bitcoin.com

$POWER

Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric generation and attracts miners with low electricity rates, fears it may face overwhelming energy demand. Manitoba Suspends New Crypto Mining Operations Citing Possible Increase in Electricity Usage The government of […]

Stablecoin Market Grew by $555 Million in October – Which Tokens Are Leading the Pack?

Crypto Exchanges Must Comply With Russia Sanctions, Singapore Central Bank Says

November 3, 2022 Bitcoin.com

Ban

The Monetary Authority of Singapore (MAS) has reiterated that cryptocurrency exchanges need to conform to restrictions on Russian users imposed over Moscow’s invasion of Ukraine. The reminder comes after researchers established that pro-Russia activists have raised millions of dollars in digital assets to support its war effort. Singapore Says Measures Targeting Russia Apply to All […]

Stablecoin Market Grew by $555 Million in October – Which Tokens Are Leading the Pack?

Moldova Bans Cryptocurrency Mining Amid Energy Crisis Caused by War in Ukraine

October 27, 2022 Bitcoin.com

$POWER

The government of Moldova has decided to suspend crypto mining activities in the country as it’s facing a major energy crisis. The move is part of emergency measures to reduce power consumption with energy supplies dwindling due to the escalating conflict in neighboring Ukraine. Authorities in Moldova Prohibit Bitcoin Minting and Mining Hardware Imports to […]

Stablecoin Market Grew by $555 Million in October – Which Tokens Are Leading the Pack?

Bank of Russia Eases Restrictions on Purchases of Dollar and Euro Cash

August 28, 2022 Bitcoin.com

Bank of Russia

The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country as currency restrictions have been a driver of increased demand for digital coins. Monetary Authority of Russia Expands Citizens’ Access to […]

Stablecoin Market Grew by $555 Million in October – Which Tokens Are Leading the Pack?

Crypto Miners in Russia’s Irkutsk Region Fined Almost $1.7 Million This Year

August 25, 2022 Bitcoin.com

Crypto Miners in Russia’s Irkutsk Region Fined Almost .7 Million This Year

bitcoin.com

Authorities in the energy-rich Russian region of Irkutsk have imposed hefty fines on crypto miners this year for illegal use of electricity to produce digital currencies. Power utilities have also filed hundreds of lawsuits, a report reveals, quoting prosecutors. Irkutsk Crypto Miners Pay 100 Million Rubles in Fines in 2022 Cryptocurrency mining has become a […]

Stablecoin Market Grew by $555 Million in October – Which Tokens Are Leading the Pack?

Kosovo Renews Crypto Mining Ban Amid Rising Energy Prices

August 5, 2022 Bitcoin.com

$POWER

The government of Kosovo has adopted measures tailored to maintain energy supply in the coming months, including a ban on cryptocurrency mining. The move comes amid a sharp increase in import prices and the restrictions can be extended for up to six months. Authorities in Kosovo Reinstate Ban on Cryptocurrency Mining The executive power in […]

Stablecoin Market Grew by $555 Million in October – Which Tokens Are Leading the Pack?

Russia’s Media Censor Roskomnadzor Unblocks Tor Project’s Website

July 23, 2022 Bitcoin.com

bitcoin.com

Russian telecom and mass media watchdog Roskomnadzor has restored access to the website of the Tor Project, implementing a court ruling with delay. The site was blacklisted last year but the measure was successfully challenged by lawyers. Roskomnadzor Removes Tor Project’s Site From Blacklist of Banned Internet Pages Russia’s Federal Service for Supervision of Communications, […]

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