Report: LBMA Asks 6 Russian Gold Refiners if They Have Ties to Sanctioned Entities

The London Bullion Market Association (LBMA) said it wants six accredited Russian gold refiners to clarify if they have commercial ties with sanctioned Russian entities. The association’s request comes a few days... Read more »

US Lawmakers Working on Policy to Open Crypto Markets to Institutional Investors, Says Kevin O’Leary

Kevin O’Leary, aka Mr. Wonderful, has revealed that a group of U.S. lawmakers is working on a policy to open crypto markets to institutional investors. “The good news is they are all... Read more »

Japan Looks to Stop Sanctioned Russian Entities From Transferring Crypto Assets

As financial authorities around the world continue to target sanctioned Russian entities, regulators in Japan along with the country’s crypto association are attempting to find and close gaps that may be used... Read more »

Bitcoin Miner Mawson Inks Hosting Deals With Celsius Mining and Foundry Digital

The bitcoin mining operation Mawson Infrastructure Group (MIGI) has started to make hosting deals with key players in the mining industry. On March 1, Securities and Exchange Commission (SEC) documents show that... Read more »

Russia Proceeds With Efforts to Legalize Crypto Amid Sanctions Over Ukraine

Authorities in Russia are continuing their work to establish a comprehensive legal framework for crypto transactions. The efforts, which started before the military invasion of Ukraine, go on amid warnings that Moscow... Read more »

G7 Countries, EU Taking Measures to Prevent Crypto Use to Evade Sanctions

G7 countries and the European Union are examining ways to stop the use of cryptocurrency by Russia to evade sanctions. “We should take measures to prevent listed persons and institutions from switching... Read more »

Bitcoin Miners Catch a Break as Mining Difficulty Drops for the First Time in 3 Months

Bitcoin miners got a small break on March 3, after the network’s mining difficulty shifted downward for the first time since November 28, 2021. Bitcoin’s hashrate has remained high meandering between 180... Read more »

Malaysia’s Deputy Finance Minister: Crypto Not Suitable as Means of Payment or Store of Value

Malaysia’s deputy finance minister says that cryptocurrencies, such as bitcoin and ethereum, are not suitable as a means of payment or a store of value. While digital assets are not recognized as... Read more »

US Treasury Monitoring Crypto Use to Evade Sanctions, Says Treasury Secretary Yellen

U.S. Treasury Secretary Janet Yellen says the Treasury Department is monitoring Russian efforts to evade sanctions using cryptocurrency. Four U.S. senators have written to Yellen raising concerns about Russia using cryptocurrency as... Read more »

Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation

A text threatening to prohibit cryptocurrencies relying on energy-intensive proof-of-work mining has been deleted from the draft legislation aimed at regulating the European crypto space. The move comes after the controversial provision... Read more »