Ukraine Details What Crypto Donations Are Being Spent On
Ukraine has revealed how it has been spending the crypto donations sent to support its resistance against Russia’s invasion. Alex Bornyakov, Ukraine’s deputy minister in the Ministry of Digital Transformation and the de facto crypto spokesperson for the government, shared the details in a tweet on Friday.
SEC Rejects NYDIG, Global X Spot Bitcoin ETF Applications
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Bank of Israel Publishes Draft Guidelines for Crypto Deposits
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UK FCA Orders Operators to Shut Down Crypto ATMs
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part […]
Vitalik Buterin Asks Court for Leniency in Upcoming Sentencing of Virgil Griffith
In a letter to District Judge Kevin Castel of the Southern District of New York, Buterin detailed his seven-year friendship with Griffith, who he met in 2013 and began collaborating with on research in 2016. In 2018, Griffith formally joined Ethereum as a developer after Buterin said he “convinced him to agree.”
US Department of Labor Urges ‘Extreme Care’ Before Adding Crypto to 401(k) Plans
The Labor Department said crypto presents “significant risks and challenges to participants’ retirement accounts, including significant risks of fraud, theft and loss.” It highlighted as reasons speculation and volatility, challenges to making informed investment choices, custodial and record-keeping concerns, the lack of reliability of cryptocurrency valuations and an evolving regulatory environment.
China’s Digital Yuan Targeted in New Bill From 9 GOP Senators
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Canadian Police Seize $28M in Bitcoin, Extradite Alleged Affiliate of Ransomware Gang
Vachon-Desjardins allegedly operated as an “affiliate” of the NetWalker ransomware gang, which sells “Ransomware-as-a-Service” (RaaS) to affiliates like Vachon-Desjardins, who carry out the attack themselves, sharing a percentage of the booty with the developers.
ECB’s Lagarde Supports Acceleration of Digital Euro Work
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Janet Yellen: US Treasury, Other Departments Will Publish Report on Money Under Biden Crypto Executive Order
“Under the executive order, Treasury will partner with interagency colleagues to produce a report on the future of money and payment systems,” Yellen said. “… because the questions raised by digital assets often have important cross-border dimensions, we’ll work with our international partners to promote robust standards and a level playing field.