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Russia to Track Crypto Transactions With Help From Sberbank-Owned Company

Russia to Track Crypto Transactions With Help From Sberbank-Owned CompanyThe Federal Financial Monitoring Service of Russia is going to start tracking cryptocurrency transactions. The agency has already selected a contractor to develop the platform. The entity is affiliated with one of Russia’s largest financial institutions, Sberbank. Rosfinmonitoring to Keep Record of Cryptocurrency Wallets Used for Illicit Purposes Russia’s financial watchdog, Rosfinmonitoring, has selected a […]

Cantor Fitzgerald, led by Trump’s Commerce secretary nominee, struck deal to acquire 5% stake in Tether

Bank of Russia Exposes Nearly 150 Financial Pyramid Scams, Fraudsters Exploit Crypto Craze

Bank of Russia Exposes Nearly 150 Financial Pyramid Scams, Fraudsters Exploit Crypto CrazeThe Central Bank of Russia (CBR) has identified 146 financial pyramid schemes in only six months this year. Fraudsters often lure people with weak financial literacy into investment scams linked to cryptocurrencies or crypto mining operations. Pyramid Schemes Thrive Amid Rising Investment Demand, Bank of Russia Says The number of financial pyramid scams uncovered by […]

Cantor Fitzgerald, led by Trump’s Commerce secretary nominee, struck deal to acquire 5% stake in Tether

Joe Biden Directs US Intelligence to Investigate Ransomware Attack Against Florida IT Firm

Joe Biden Directs US Intelligence to Investigate Ransomware Attack Against Florida IT FirmJoe Biden wants to crackdown on ransomware according to statements he made on Friday, after hackers hijacked software from a Miami-based IT supplier called Kaseya. Hundreds of American businesses were affected by the breach as the attackers encrypted the files of some 200 clients. Biden said on Friday that he’s ordered an investigation into the […]

Cantor Fitzgerald, led by Trump’s Commerce secretary nominee, struck deal to acquire 5% stake in Tether

Bank of Russia to Launch Digital Ruble Prototype by End of Year

Bank of Russia to Launch Digital Ruble Prototype by End of YearThe Central Bank of Russia (CBR) is preparing to release a digital prototype of the national fiat towards the end of 2021, a high-ranking official has confirmed. Transfers between private individuals will be free of charge with the digital ruble, which is going to have legal tender status on par with Russia’s traditional currency. Bank […]

Cantor Fitzgerald, led by Trump’s Commerce secretary nominee, struck deal to acquire 5% stake in Tether