Binance is aggressively pushing its new crypto debit card. The world’s largest exchange, Binance, has officially announced that its cryptocurrency debit card is now available in Europe. According to a Sept. 15 blog post, the Binance Visa Card is now available to everyone in the European Economic Area, or EEA, countries. To celebrate the launch […]
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Russian musician Oleg Kenzov transferred the digital rights to one of his songs through a government-backed blockchain platform. Russian pop singer Oleg Kenzov has completed the first digital rights transfer of a song he wrote using a blockchain platform backed by the government. According to VC.ru, the studio Soyuz reached a licensing agreement deal with […]
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What will happen to foreign P2P marketplaces operating in Venezuela? Due to the regulations and sanctions related to the U.S. Office of Foreign Assets Control, or OFAC, Paxful announced that they will no longer provide services in Venezuela, according to an announcement on September 14. In a statement sent to Cointelegraph, Paxful’s CEO, Ray Youssef, […]
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Has Russia fixed its elections with permissioned blockchain technology from Waves? Close to 30,000 votes were recorded on the blockchain during the Russian parliamentary elections in what appears to have been the biggest case of blockchain-based voting yet. The blockchain component of the online voting platform was built by Waves Enterprise. The voting concluded early yesterday, […]
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The Swiss arm of Russia’s largest bank is exploring blockchain-based trade finance. A subsidiary of Russia’s largest bank, Sberbank, has joined a blockchain-based platform for commodity trade finance. Sberbank Switzerland AG has signed an agreement with Swiss trade finance platform Komgo to apply its blockchain-powered trade finance service. Representatives from Sberbank Switzerland AG told Cointelegraph […]
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A new report from Chainalysis has found that Eastern Europe is responsible for more darknet activity and ransomware volume than any other region. Blockchain forensics firm Chainalysis has found that darknet markets exert a disproportionate presence in Eastern Europe’s crypto sector. In an excerpt from Chainalysis’ 2020 Geography of Cryptocurrency Report, the firm asserts that […]
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Miners in Russia are purportedly buying more equipment amid regulatory uncertainty. Graphic cards’ sales in Russia are surging amid an increase in remote work as well as the apparent growth in cryptocurrency mining, a new report says. According to several local retailers like Citilink and Svyaznoy, crypto mining-related sales of graphic cards in Russia notably […]
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Taking account of more aggressive crypto tracking measures and what they mean for future government adoption of blockchain. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note One of the most persistent myths about Bitcoin is its supposed anonymity. More properly termed pseudonymity, […]
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Crypto businesses are unsure how to react to new regulations in the Russian Federation. Russia’s new cryptocurrency-related law, “On Digital Financial Assets,” or DFA, seems to have had little impact on the local cryptocurrency industry so far. In its current form, the DFA law essentially provides legal status to digital assets like Bitcoin (BTC), but […]
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The Russian government keeps betting on blockchain for elections. As Russia is set to pilot a blockchain-based e-voting system in September, the country’s federal elections authority has provided public access to the platform’s source code. According to an official announcement by Russia’s Central Election Commission (CEC), the source code for the e-voting system was partly […]
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