Crypto Ban in Russia Can Have Opposite Effect, Medvedev Warns as Opposition Mounts Against Proposal

Crypto Ban in Russia Can Have Opposite Effect, Medvedev Warns as Opposition Mounts Against Proposal

Dmitry Medvedev, former president and prime minister of Russia, has voiced his concerns over Bank of Russia’s initiative to ban most crypto operations. Prohibition could bring the opposite result, the Russian politician... Read more »
No Developed Nation Bans Cryptocurrencies, Telegram Founder Pavel Durov Warns Russia

No Developed Nation Bans Cryptocurrencies, Telegram Founder Pavel Durov Warns Russia

Pavel Durov, founder of the messaging app Telegram, has criticized Bank of Russia’s proposal to impose a blanket ban on a range of crypto-related activities. Such move would stifle high-tech development and... Read more »
Inspector General Warns US Mint and BEP of Future Bitcoin Impact

Inspector General Warns US Mint and BEP of Future Bitcoin Impact

In an Oct.16rh Note to U.S. Treasury Secretary Steven Mnuchin, inspect general Eric Thorson indicated a list of “management and performance challenges” that he anticipates will drastically affect the Treasury Department in... Read more »
Spider-Man: No Way Home Torrents May Contain Crypto Malware, Cybersecurity Firm Warns

Spider-Man: No Way Home Torrents May Contain Crypto Malware, Cybersecurity Firm Warns

Cryptocurrency malware has been found in a torrent download of the new Marvel movie Spider-Man: No Way Home, a cybersecurity firm has warned. “This [crypto] miner adds exclusions to Windows Defender, creates... Read more »
Fed Chair Jerome Powell Dismisses Cryptocurrencies as Financial Stability Concern but Warns They're Risky

Fed Chair Jerome Powell Dismisses Cryptocurrencies as Financial Stability Concern but Warns They’re Risky

Federal Reserve Chairman Jerome Powell says that he does not see cryptocurrencies as a financial stability concern. However, he noted that they are risky and “there’s big consumer issues for consumers who... Read more »
Bank of England warns crypto could threaten the established financial system

Bank of England warns crypto could threaten the established financial system

Deputy Governor for Financial Stability at the Bank of England (BoE) warned about cryptocurrencies such as Bitcoin rapidly reaching the threshold of mainstream adoption– worried about the ripple effect a sudden price... Read more »
Thailand Doesn't Prohibit Crypto Use for Payments but Warns of Price Fluctuation

Thailand Doesn’t Prohibit Crypto Use for Payments but Warns of Price Fluctuation

Bank of Thailand’s officials say that using cryptocurrency as a means of payment is not illegal. However, they added that users “must be able to accept the risks,” including price fluctuation. Using... Read more »
Hillary Clinton Calls on Biden Administration to Regulate Cryptocurrency — Warns of Manipulation by Russia, China

Hillary Clinton Calls on Biden Administration to Regulate Cryptocurrency — Warns of Manipulation by Russia, China

Former presidential candidate Hillary Clinton has called on the Biden administration to regulate the cryptocurrency markets. She warned that countries like Russia or China, as well as nonstate actors, could manipulate all... Read more »
IMF Warns El Salvador Against Using Bitcoin as Legal Tender After 'Bitcoin City' Announcement

IMF Warns El Salvador Against Using Bitcoin as Legal Tender After ‘Bitcoin City’ Announcement

The International Monetary Fund (IMF) has warned El Salvador against using bitcoin as legal tender due to various risks associated with cryptocurrency. The warning came one day after Salvadoran President Nayib Bukele... Read more »
Investment Manager Expects Governments to Clamp Down on Bitcoin, Warns of 'Intense' Crypto Regulation

Investment Manager Expects Governments to Clamp Down on Bitcoin, Warns of ‘Intense’ Crypto Regulation

The founder and chief investment officer of Hayman Capital Management, Kyle Bass, has warned that governments will start to really clamp down on bitcoin. He predicts that “intense” crypto regulation will come... Read more »