Russian Arrested for Defrauding Buyers of Mining Hardware Worth Over $300,000
Police in the southern Russian city of Astrakhan have detained a man accused of defrauding people who wanted to purchase crypto miners. Law enforcement officials say the suspect made millions…
Crypto Economy Loses $102 Billion in 30 Days — BTC, SOL Shed the Most Losses
A great deal of digital currencies are down in value during the last 30 days and the worst performing crypto out of the top ten coins with the largest market…
Georgia to Update Crypto Regulations to Incorporate EU Rules, Legalize Industry
The government of Georgia has approved amendments to the legal framework for the Caucasian nation’s financial sector, including additional regulations for crypto and fintech activities. The move aims to align…
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $20K Ahead of Friday’s NFP Report
Bitcoin once again slipped below $20,000, as market uncertainty rose ahead of Friday’s Non-farm payrolls report. Tomorrow’s payrolls are expected to come in at 300,000 jobs, which is lower than…
Ukrainian Police Bust Crypto Call Centers Defrauding Investors Across Europe
Ukrainian investigators have exposed a scheme targeting residents of the country and the European Union with various financial scams, including some related to cryptocurrencies. The criminal organization members contacted their…
Russian PM Says Digital Assets Are ‘Safe Alternative’ in Foreign Trade, Urges for Ruble Payments
Russian Prime Minister Mikhail Mishustin has praised digital assets as a payment instrument that could strengthen Russia’s financial independence. The top government official also called for increasing the use of…
Bank of Russia Eases Restrictions on Purchases of Dollar and Euro Cash
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…
While Almost 80% of Russians Know Crypto, Only 6% Understand It Well, Survey Finds
The overwhelming majority of Russians in big cities are well aware of the term cryptocurrency but those with a good understanding of the topic are quite a small proportion, a…
Sanctions, Disagreements Hamper Regulation of Crypto Mining in Russia, Experts Say
The changing geopolitical and economic environment, as well as persisting differences between responsible government institutions, are hindering the advance of legislation tailored to regulate cryptocurrency mining in Russia. According to…