1. Home
  2. proposal

proposal

Russia Prepares to Create Government-Controlled Crypto Exchange

Russia Prepares to Create Government-Controlled Crypto ExchangeLawmakers in Russia are drafting legislation that would allow the establishment of a “national cryptocurrency exchange,” local media unveiled. Coins now circulate outside of government oversight and the Russian state is losing budget revenues in the billions of rubles, pointed out one of the participants in these efforts. Legislators Want Russia to Have Its Own […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Brussels to Spur Rollout of Instant Payments in Euro, Proposes Legislation

Brussels to Spur Rollout of Instant Payments in Euro, Proposes LegislationThe European Commission has approved a proposal to accelerate the introduction of euro instant payments. The technology is there and Europeans should be able to send and receive money immediately, the executive body said, revealing its intentions to push the industry toward wide adoption. EU Moves to Make Instant Payments Widely Available Throughout Europe A […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Russian Parliament Rejects Mining Bill Allowing Crypto Payments, Expects New Draft

Russian Parliament Rejects Mining Bill Allowing Crypto Payments, Expects New DraftThe lower house of Russian parliament, the State Duma, has voted against a piece of legislation designed to regulate cryptocurrency mining. While lawmakers turned down that proposal, which also aimed to legalize crypto payments in the country, another draft law on mining, which permits cross-border transactions with digital assets, is expected in the legislature in […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian Energy

EU to Target Crypto Miners’ Power Usage as Union Relies Less on Russian EnergyAuthorities in Brussels are taking steps to reduce power consumption, including in cryptocurrency mining, as the EU faces limited energy supplies from Russia, the reliance on which it has been trying to lower. New energy efficiency labeling is to address the growing electricity usage in the crypto sector. EU to Develop Energy Efficiency Label for […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Chinese Researchers Propose Asian Digital Currency to Reduce Reliance on US Dollar

Chinese Researchers Propose Asian Digital Currency to Reduce Reliance on US DollarExperts from an economic institute in China have circulated the idea of creating a blockchain-powered digital currency that could lower Asia’s reliance on the greenback. The initiative comes against the backdrop of an expanding digital yuan pilot, and after recent trials of cross-border payments with state-issued digital currencies in the region. China Suggests Minting Asia-Wide […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Apecoin DAO Approves Funding a Bored Ape-Centric News Publication

Apecoin DAO Approves Funding a Bored Ape-Centric News PublicationApecoin DAO community members have approved a governance proposal that will fund a Bored Ape Yacht Club (BAYC)-centric news publication called the Bored Ape Gazette with $150,000 for the first year. While the Bored Ape Gazette has been in operation since June 1, 2021, the site’s operator promises to “keep the community better informed” with […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Financial Superintendence of Colombia Presents Project to Regulate Crypto Service Providers

Financial Superintendence of Colombia Presents Project to Regulate Crypto Service ProvidersThe Financial Superintendence of Colombia presented a project that seeks to bring clarity to how links between banks and virtual asset service providers (VASPs) will be handled in the future. The document defines certain key concepts and determines a set of prerequisites that banks need to verify before accepting virtual asset service providers as customers. […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Russia Considers Jail Time for People Helping Crypto Scammers Launder Proceeds

Russia Considers Jail Time for People Helping Crypto Scammers Launder ProceedsThe interior ministry of Russia has decided to go after those providing money-laundering services to crypto fraudsters, suggesting they should go to prison. The department wants to introduce criminal liability for the activities of these people, also known as ‘droppers.’ Law Enforcement in Russia Targets Droppers Involved in Fraudulent Crypto Schemes The Ministry of Internal […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Russian Parliament to Review Bill Prohibiting Crypto Payments

Russian Parliament to Review Bill Prohibiting Crypto PaymentsLegislation making it illegal to pay with cryptocurrencies has been filed with the State Duma, the lower house of Russia’s parliament. The sponsors of the bill want to task crypto platforms to prevent transactions that could facilitate payments with digital assets. Draft Law Banning Use of Cryptocurrency for Payments Submitted to Russian Parliament Russian lawmakers […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces