Russian Ministry of Finance Considers Allowing Cryptocurrency Trading

The Russian Ministry of Finance considers allowing cryptocurrency trading in the federation. A representative of the Russian Ministry of Finance (MinFin) says the ministry is considering allowing cryptocurrency trading, Russian news service Interfax reported on June 21. Per the report, the Deputy Minister of Finance Alexei Moiseyev told journalists on Friday that, while MinFin had […]

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From Clean Water Supply to Rebuilding Notre Dame: Crypto and Blockchain in Charity

Digital money has been gradually transforming the world’s charity landscape, involving governments and traditional nonprofits. The technology that underpins cryptocurrencies has been gradually entering the charity sector, purportedly providing more transparency and trust to the industry — especially given a decrease in people’s trust in charity organizations, where the public is increasingly concerned about how […]

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Australian Reserve Bank Official Advises Caution in Anticipation of Libra

Governor of Australia’s central bank said that he expects to see regulatory compliance and a solid business case before Facebook’s Libra goes mainstream. Governor of the Reserve Bank of Australia (RBA), Philip Lowe, cautions that Facebook’s announced virtual currency—Libra—may not attain mainstream usage in the near future, according to a report by Bloomberg on June […]

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Mike Novogratz’s Galaxy Digital to Launch Crypto Options Contracts Trading: Report

Mike Novogratz’s Galaxy Digital launches crypto options trading in response to increasing demand from institutional investors. Mike Novogratz’s crypto investment bank Galaxy Digital is expanding its services to offer crypto options contracts trading, industry media outlet The Block reports on June 21. According to the report, Galaxy Digital’s new initiative is made in response to […]

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FATF to Strengthen Control Over Crypto Exchanges to Prevent Money Laundering

Today’s Financial Action Task Force’s announcement focused on expanding regulation to keep digital currency out of laundering. Today’s Financial Action Task Force’s (FATF) announcement focused on digital currency’s role in money laundering and heightened regulation, as Secretary Steven Mnuchin noted in his closing remarks. The FATF — an intergovernmental organization that focuses its efforts on […]

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