Russian Sberbank Demands Client Provide Data on Cryptocurrency Revenue

Russia’s largest bank Sberbank has asked a client to provide detailed information on their cryptocurrency revenue. Russia’s largest bank Sberbank has requested that a client provide information on their income from cryptocurrency, the Russian version of Forbes reported on May 17. Co-founder of cryptocurrency trading platform Toxenbox.io, Vladimir Smerkis, told Forbes that the unnamed client […]

Continue Reading

Cryptocurrency Project OneCoin Denies Ponzi and Pyramid Scheme Claims

Cryptocurrency project OneCoin is reportedly denying claims that it is a “hybrid ponzi-pyramid scheme” and scam. Cryptocurrency project OneCoin is denying claims that it is a “hybrid ponzi-pyramid scheme” and scam, news outlet Samoa Observer reported on May 14. OneCoin is purportedly a cryptocurrency Ponzi scheme project, that raised hundreds of millions of dollars worldwide […]

Continue Reading

Zebpay Crypto Exchange Extends Trading Services to Australia

Singapore-based cryptocurrency exchange Zebpay has launched trading services in Australia. Singapore-based cryptocurrency exchange Zebpay has launched trading services in Australia, according to a press release shared with Cointelegraph on May 7. Zebpay has expanded its trading services to Australia by opening a new office in the fintech hub of Melbourne. The exchange’s Australian customers are […]

Continue Reading

Finland: Financial Watchdog Adopts Role as Supervisory Authority for Crypto Sector

Finland’s Financial Supervisory Authority is to assume its role as registration and supervisory authority for the crypto sector. Finland’s Financial Supervisory Authority (FIN-FSA) is set to assume its role as a registration authority and supervisory agency for crypto industry participants as new legislation comes into force this week. The news was revealed in an announcement […]

Continue Reading