Former FTX Co-CEO Agrees to Transfer $5.9 Million Bahamas Property in Plea Deal

by Александр Пирогов | May 3, 2024 | Blog News

Ryan Salame, the former co-chief executive of FTX Digital Markets, has agreed to transfer his $5.9 million property in the Bahamas as part of a plea agreement in a criminal case. This agreement was detailed in a motion filed with the United States Bankruptcy Court for...

U.S. Senators Raise Concerns About Iran’s Cryptocurrency Mining

by Александр Пирогов | May 3, 2024 | Blog News

U.S. Senators Elizabeth Warren and Angus King have expressed concerns about the potential national security threats posed by cryptocurrency mining in Iran. In a letter dated May 1 addressed to key officials such as National Security Advisor Jake Sullivan and Treasury...

Iran and Russia Exploring CBDC and DFA Trade Solutions

by Александр Пирогов | May 3, 2024 | Blog News

Iranian and Russian officials have confirmed their collaboration on central bank digital currencies (CBDCs) and digital financial assets (DFAs) to facilitate trade between the two nations. Rahimi Mohsen, the trade attaché of the Iranian Embassy in Russia, highlighted...

Arkansas Passes Bills Regulating Crypto Mining Activities

by Александр Пирогов | May 2, 2024 | Blog News

The Arkansas House of Representatives has approved Senate Bills 78 and 79, which aim to regulate cryptocurrency mining activities in the state. Senate Bill 78 introduces noise limits, regulates water usage for cooling, prohibits foreign ownership of mining operations,...

US Justice Department Targets Self-Custody Crypto Wallet Developers

by Александр Пирогов | May 2, 2024 | Blog News

The US Justice Department has initiated legal actions against developers and operators of self-custody cryptocurrency wallets, including Samourai Wallet and Tornado Cash. Samourai Wallet founders Keonne Rodriguez and William Lonergan were arrested, accused of...

Hong Kong’s ZA Bank Explores Virtual Asset Services Amid Regulatory Changes

by Александр Пирогов | May 2, 2024 | Blog News

Hong Kong’s ZA Bank, a subsidiary of China’s ZhongAn Online P&C Insurance, is considering entering the virtual asset market following the implementation of new regulations for digital assets in the region. These regulations, established last year,...