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Credit Cards Should Not Be Used for Crypto Transactions, Taiwan’s Financial Watchdog Says

Credit Cards Should Not Be Used for Crypto Transactions, Taiwan’s Financial Watchdog SaysThe financial regulator of Taiwan has asked local banks not to allow the use of cards for payments in transactions involving cryptocurrencies, local media revealed. The authority says these assets are risky while associated cash flows are hard to monitor. Taiwanese Regulator Urges Banks Not to Allow Crypto-Related Payments With Bank Cards Taiwan’s Financial Supervisory […]

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

Russia’s Media Censor Roskomnadzor Unblocks Tor Project’s WebsiteRussian 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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Crypto Payments Are Acceptable in Foreign Trade, Russia’s Financial Watchdog Says

Crypto Payments Are Acceptable in Foreign Trade, Russia’s Financial Watchdog SaysRussian financial watchdog Rosfinmonitoring is ready to accept the use of cryptocurrencies in international settlements, the head of the agency, Yuri Chikhanchin, has indicated. The statement adds to growing support for the legalization of international crypto payments in Russia amid financial restrictions imposed over its invasion of Ukraine. Top Financial Regulator in Russia Welcomes International […]

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Roskomnadzor Media Watchdog Unblocks Leading Russian Crypto News Outlet

Roskomnadzor Media Watchdog Unblocks Leading Russian Crypto News OutletRussia’s mass media regulator, Roskomnadzor, has restored access to a major Russian crypto news portal. Bits.media was recently blocked as a result of proceedings in a regional court that its representatives were not even summoned to attend. Crypto News Site Bits.media Again Available to Russian Readers as Roskomnadzor Delists It Bits.media, the source for crypto-related […]

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Swiss Regulator Urges Financial Watchdogs to Protect Crypto Investors

Swiss Regulator Urges Financial Watchdogs to Protect Crypto InvestorsCrypto trading is increasingly similar to the U.S. stock market of the late 1920s, the head of the Swiss financial watchdog has remarked. The high-ranking official believes that regulatory agencies around the world should do more to ensure investor protection. Swiss Financial Watchdog Executive Calls for More Regulations for ‘Abusive’ Crypto Market Governments are still […]

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Belgium Introduces Registration for Crypto Exchange and Wallet Service Providers

Belgium Introduces Registration for Crypto Exchange and Wallet Service ProvidersAuthorities in Belgium have obliged providers of some crypto exchange and wallet services to register with the country’s financial watchdog. Targeted platforms that fail to comply with the new regulations will face fines, among other penalties, including prohibition to carry out their respective activities. Financial Regulator Imposes Mandatory Registration for Crypto Exchange Service Providers in […]

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Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies Allegations

Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies AllegationsCryptocurrency exchange Binance has been accused in a media report of agreeing to provide user data to Russia’s financial watchdog. The trading platform has refuted the allegations. It also insists it’s complying with Western sanctions imposed over Moscow’s invasion of neighboring Ukraine. Binance Consented to Russian Request for Customer Info, Reuters Claims in ‘Special Report’ […]

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Kazakhstan Shuts Down Over 100 Crypto Mining Farms

Kazakhstan Shuts Down Over 100 Crypto Mining FarmsMore than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector. Authorities have revealed that some of the facilities are linked to prominent businessmen and former government officials. Financial Watchdog Goes After Crypto Miners Across Kazakhstan The rapid expansion of crypto mining in Kazakhstan, since last […]

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EU Members Want to Task New AML Watchdog With Crypto Oversight, Report Unveils

EU Members Want to Task New AML Watchdog With Crypto Oversight, Report UnveilsA group of EU nations have reportedly been lobbying to entrust oversight of the crypto space to a new anti-money laundering (AML) agency. Behind the move are concerns that companies dealing with digital assets can be engaged in the processing of illicit funds. Germany Leads Push to Place Crypto Firms Under EU Anti-Money Laundering Supervision […]

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