Cointelegraph By Turner Wright
Brantly Millegan will be staying on as the director of the Ethereum Name Service Foundation after casting more than 363,300 votes against a decentralized autonomous organization proposal to remove him.According to a tally of roughly 3.7 million ENS DAO votes recorded at the end of the voting period...
The European Commission has clarified that crypto assets will fall under additional sanctions targeted against Russia and Belarus in response to the military conflict in Ukraine.In a Wednesday statement, the European Commission said member states had agreed to amend regulations with the goal of ensuring “even more effectively...
Joe Biden has signed his 82nd executive order since being sworn into office in January 2021, directly addressing a regulatory framework for digital assets in a rare moment for the U.S. president.In a Wednesday announcement, the White House said President Biden's executive order required government agencies to explore...
Cryptocurrency exchanges and financial services companies will soon likely no longer be able to accept transactions completed with many major credit cards following the companies ceasing operations for Russia-based users.On Saturday, Visa, Mastercard, and PayPal announced they would be suspending operations in Russia following the country’s military actions...
The United States Financial Crimes Enforcement Network, or FinCEN, a bureau of the Treasury Department, has warned financial institutions to consider crypto as a possible means Russia may attempt to use to evade sanctions related to the country’s military action in Ukraine.In a Monday alert, FinCEN reminded U.S.-based...
The parliament of the European Union has scheduled a vote on a framework aimed at regulating cryptocurrencies after addressing concerns over proof-of-work mining.In a Monday Twitter thread, European Parliament Committee on Economics and Monetary Affairs member Stefan Berger said the committee will vote on the Markets in Crypto...
The United Kingdom’s Financial Conduct Authority, or FCA, has issued a warning to Binance Markets in response to Binance’s payment company Bifinity and investment firm Eqonex entering a strategic partnership.In a Monday statement, the FCA reiterated that Binance Markets Limited was not allowed to conduct certain regulated crypto-related...
Olive Allen, a Russian national and artist who has lived in the United States for more than 11 years, has burned her mother country’s passport in the hopes of raising awareness and funds related to the military conflict in Ukraine. Speaking to Cointelegraph on Friday, Allen described herself as...
Switzerland’s southern city of Lugano plans for many local businesses to accept some cryptocurrencies as "de facto" legal tender as part of a partnership with Tether.Speaking at the city’s Plan B event on Thursday, Tether chief technical officer Paolo Ardoino said the firm had set up a 3...
The United Kingdom’s Financial Conduct Authority, or FCA, has announced it has 50 active investigations as part of its efforts to crack down on unregistered crypto businesses.In a Thursday announcement, the FCA said it had opened more than 300 cases on unregistered crypto firms in the last six...
