Tag: Cryptocurrency

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Russia Sets Crypto Reporting Rules as Holdings Reach $44B

Russia has cautioned that investors could face losses if foreign stablecoin issuers freeze assets held beyond the control of Russian depositories. Officials estimate that...

Bank of Russia Highlights Crypto and Stablecoins as Financial Risks

The Bank of Russia has classified cryptocurrency adoption as a potential financial market risk, cautioning that stablecoins and other digital assets may increasingly be...

Iran Uses Crypto for Export Payments as Sanctions Tighten: FT

Iran’s central bank has reportedly loosened foreign-exchange restrictions and allowed greater use of cryptocurrencies for export payments as businesses look for alternatives to traditional...

Malone Lam Pleads Guilty Over Alleged $245M Crypto Theft Scheme

US prosecutors said Lam ran an international network that targeted cryptocurrency holders using social engineering tactics and home break-ins. Singaporean national Malone Lam pleaded guilty...

Arbitrum DAO May Exclude Three DeFi Projects From Future Programs

Arbitrum's Watchdog Committee, serving as a grant oversight body, has given three DeFi projects until a tentative Sept. 10 deadline to address high-severity misuse...

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Stablecoin Issuers Replace 40% of China’s Lost US Treasury Demand

As foreign official holdings retreat, crypto firms are identified...

SBI Proposes Stablecoin QR Payments for Japan-Korea Travel

SBI DigiTrust, alongside NICE Information & Telecommunication and DSRV,...

SEC Targets Custody Hurdle for Advisers Providing Crypto Services

Certain crypto assets have remained off-limits for some clients...

HSBC Redcoin to Launch With Transfers and Payments in Hong Kong

Person-to-person transfers and merchant payments will be prioritized initially...

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