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Bank of Russia Head says Risks of Investing in Bitcoin Is Intensifying

The head of the Central Bank of Russia, Elvira Nabiullina, believes that the risks of investing in cryptocurrencies continue to increase. During a press conference on Friday, Nabiullina said that her views about digital currencies remain the same, as per Russian publication Tacc. She said, “My attitude towards private cryptocurrencies, including bitcoin, has not changed. And this price increase…

Bank of Russia Head says Risks of Investing in Bitcoin Is Intensifying

The head of the Central Bank of Russia, Elvira Nabiullina, believes that the risks of investing in cryptocurrencies continue to increase. During a press conference on Friday, Nabiullina said that her views about digital currencies remain the same, as per Russian publication Tacc. She said, “My attitude towards private cryptocurrencies, including bitcoin, has not changed. And this price increase…

Bank of Russia Head says Risks of Investing in Bitcoin Is Intensifying

The head of the Central Bank of Russia, Elvira Nabiullina, believes that the risks of investing in cryptocurrencies continue to increase. During a press conference on Friday, Nabiullina said that her views about digital currencies remain the same, as per Russian publication Tacc. She said, “My attitude towards private cryptocurrencies, including bitcoin, has not changed. And this price increase…

Iowa Senate Introduces Blockchain Bill to Regulate Smart Contracts as Law

The state of Iowa introduced a partisan bill that recognizes and regulates blockchain technology and its smart contracts logic similar to traditional arrangements. Senate Bill 303, presented to the chamber by Republican State Senator Mark Lofgren, states there will be an oversight on smart contracts and anyone using a distributed ledger technology will be liable to similar laws as currently…

UAE’s Lulu International Exchange Integrates RippleNet Cloud to Enhance Indian Remittances

Ripple (XRP) UAE’s Lulu International Exchange Integrates RippleNet Cloud to Enhance Indian Remittances Abu-Dhabi based international money transfer service, Lulu Money, announced a partnership with Federal Bank, an Indian international financial service, to enhance remittances to India. The partnership will integrate RippleNET Cloud to reduce the transfer fees and introduce instant remittance…

Just 270 Addresses Responsible for Majority of Money Laundering in Crypto: Chainalysis

Chainalysis Just 270 Addresses Responsible for Majority of Money Laundering in Crypto: Chainalysis AnTy February 12, 2021 The United States, Russia, and China receive the highest volume of digital currency from illicit addresses. Just 270 deposit addresses are being used for the majority, 55% of all of the cryptocurrency value sent from illicit addresses in 2020, as per the latest research of…

IOTA and Dell Technology Launch a Platform to Measures the ‘Trustworthiness of Data’

IOTA (mIOTA) IOTA and Dell Technology Launch a Platform to Measures the ‘Trustworthiness of Data’ The partnership started back in 2019 when Dell Technologies launched its ‘Data Confidence Fabric.’ This demonstration paves the way for integrating systems on hardware and software devices for highly compliant institutions. On Thursday, IOTA Foundation, a blockchain-based technology firm, announced…

First Publicly Traded Bitcoin ETF Approved in North America

The first publicly traded Bitcoin exchange-traded fund (ETF) has been approved in North America by Canada’s financial regulator, the Ontario Securities Commission (OSC). The receipt of approval from the OSC was filed under a Multilateral Instrument passport system in multiple Canadian jurisdictions, as per a decision document from Sedar. The fund is expected to be listed on the Toronto Stock…