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  • Netherlands-Based Coinbase Customers Required to Submit KYC Data When Transferring Crypto off the Platform
    by Jamie Redman on June 26, 2022 at 5:30 am

    Coinbase has announced that the company plans to introduce a number of changes for customers in the Netherlands in order to comply with the 1977 Sanctions Act, a law that recently applied know-your-customer (KYC) guidelines to non-custodial wallets. If the person living in the Netherlands wants to send crypto to a third-party wallet via Coinbase,

  • Binance Launches New Platform for VIP and Institutional Crypto Investors
    by Kevin Helms on June 26, 2022 at 3:30 am

    Crypto exchange Binance has launched a new platform for VIP and institutional investors. The VIP program allows Binance users to “get rewarded with more discounts and VIP privileges” as their trading volume climbs up VIP tiers. ‘Binance Institutional’ Launched Global cryptocurrency exchange Binance announced Thursday the launch of “Binance Institutional,” a new platform for VIP

  • British MP Calls for ‘Liberal’ Crypto Regulation — Says ‘No Country Can Stop This Revolution’
    by Kevin Helms on June 26, 2022 at 1:30 am

    British Parliament Member Matt Hancock has called for “liberal” cryptocurrency regulation, noting that no country can stop the crypto revolution. “I hate the patronizing idea of regulators telling people what they can and can’t do with their money,” the lawmaker stressed. British MP Wants ‘Liberal’ Crypto Regulation Matt Hancock, a Conservative member of parliament and

  • Bank of Russia Accelerates Schedule for Digital Ruble Project
    by Lubomir Tassev on June 25, 2022 at 11:30 pm

    The Central Bank of Russia continues to step up efforts to test and issue the digital ruble, with a roadmap for the full implementation of the new form of the national fiat now expected by the end of 2023. Trials with real transactions and users are scheduled to begin next April, earlier than originally planned.

  • Hardware Worth $1.9 Million Stolen in Russia’s Crypto Mining Capital
    by Lubomir Tassev on June 25, 2022 at 9:30 pm

    Russian law enforcement is looking into the alleged theft of mining hardware valued at around $1.9 million. The powerful computing equipment disappeared from a crypto mining hotel in Irkutsk, the owners of which have been accused of large scale fraud. 100 Russians Lose Mining Machines Worth 100 Million Rubles Police in the Russian Irkutsk Oblast