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‘Evil VASP’ Simulation Preps Crypto Exchanges for FATF Travel Rule

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Getting crypto exchanges across the world to plug into each other and share sensitive customer data is proving to be a complex problem. Nonetheless, firms have to show real progress...

Russia’s Digital Ruble Model to Get Bank-Friendly Redesign

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Banks had feared being drained of liquidity under the original concept for the digital currency. Source link

Kia Motors America Victim of Ransomware Attack Demanding $20M in Bitcoin, Report Claims

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BleepingComputer claims to have evidence that the ransomware gang DoppelPaymer is demanding 404 BTC from the car firm. Source link

Switzerland’s ‘Crypto Valley’ Has Started Accepting Bitcoin, Ether for Tax Payments

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The Swiss canton of Zug has started accepting tax payments in cryptocurrency.In a previous announcement in 2020, the Swiss authorities said that, from February, citizens and companies based in...

Malaysian Bitcoin Mining Gang Stole Over $2M in Electricity, Say Police

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Police seized 1,746 bitcoin mining machines across 21 premises in raids this week. Source link

Robinhood to Allow Deposits, Withdrawals for Cryptos Including Dogecoin

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Online brokerage app Robinhood says it plans to enable withdrawals and deposits of cryptocurrencies including dogecoin.In a tweet Wednesday, the app provider said it “fully intends” to provide the...

US Lawmakers to Question China’s Role in GameStop Pump

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U.S. lawmakers are set to question a trader named Keith Gill and the chief executives of Reddit and Robinhood about their roles in the GameStop frenzy at a congressional...

Emily Parker: Why We Should Take Dogecoin Seriously

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Nothing says 2021 like dogecoin, a dog-themed cryptocurrency that has recently skyrocketed in value, thanks in part to the support of Elon Musk and other celebrities. For a time...

Russia’s Crypto Tax Bill Passes First Reading at State Duma

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The bill proposes to recognize cryptocurrency as property for purposes of taxation. Source link

Mastercard Launches Prepaid Card for World’s First CBDC in Bahamas

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The Bahamian Sand Dollar can now be used for payments anywhere Mastercard is accepted. Source link
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