Member

Crypto Bank Custodia Denied Membership in US Federal Reserve System

January 29, 2023 Bitcoin.com

application

The U.S. Federal Reserve Board has rejected the attempt of Custodia Bank to become member of the Federal Reserve System. According to the decision announced Friday, the application submitted by the digital asset bank is inconsistent with legal requirements. Federal Reserve Board Says Business Model Proposed by Custodia Bank Presents Risks Crypto bank Custodia has […]

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Another Member of Russian Crypto Pyramid Finiko Arrested in UAE

December 11, 2022 Bitcoin.com

Arrest

Law enforcement authorities in the United Arab Emirates have detained a top Finiko representative, sought for his role in the crypto Ponzi scheme which defrauded thousands of investors around the world. This is the second arrest in the Gulf state of a high-ranking member of the pyramid announced in the past month. Finiko Fraudster Caught […]

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Co-Founder of Russia’s Largest Crypto Pyramid Finiko Arrested in UAE

November 18, 2022 Bitcoin.com

Arrest

One of the founders of Russia’s most notorious Ponzi scheme in recent times, Finiko, is in detention in the United Arab Emirates, according to a Russian media report. The close associate of the crypto pyramid’s mastermind left the Russian Federation as the scam collapsed last summer. UAE Authorities Review Russian Extradition Request for Top Finiko […]

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Euro Inflation Hits Record Highs, ECB Not in Rush to Raise Interest Rates

January 16, 2022 Bitcoin.com

bitcoin.com

The European Central Bank is concerned over inflation in the euro area rising beyond its own expectations, a high-ranking ECB official has admitted. However, Europe’s monetary authority is not prepared to raise interest rates at this point in time, the executive unveiled. ECB Sees No Reason to Adjust Interest Rates Despite Eurozone Inflation Reaching 5% […]

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More Regulations Proposed to ‘Streamline’ Mining Sector in Kazakhstan

November 28, 2021 Bitcoin.com

$POWER

Authorities need to expand the regulatory framework for cryptocurrency miners, a member of the parliament in Kazakhstan has suggested. The additional rules should streamline their activities and help correct the forming public opinion that they are responsible for the country’s electricity deficit. Crypto Mining in Kazakhstan Needs Additional Regulations, Lawmaker Says New regulatory requirements and […]

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Local Council Member in Ukraine Declares 124 BTC and 500 Tesla Shares

November 14, 2021 Bitcoin.com

asset declarations

A government official in Rivne region of Ukraine owns close to $8 million in cryptocurrency and 500 Tesla shares, his declaration shows. The news comes as another Ukrainian lawmaker in Kyiv has found it hard to prove possession of the crypto holdings on her asset statement. Ukraine Officials Declare Crypto Assets, Fail to Provide Proof […]

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