Smerkis is taking on the role previously filled by Gleb Kostarev, now Binance’s director in the Eastern Europe. The local team in Russia and Eastern Europe has been growing over the past years, Kostarev told CoinDesk, so to supervise it, Binance now is boosting its local leadership. In summer 2020, Binance hired Evgeniy Pavlov, formerly with Bitfury, as its business development … [Read more...] about Binance Taps Former Government Officials for Russia, Ukraine Posts
Government
Government Report Suggests Tightening Regulations on Crypto ATMs
The GAO’s findings that crypto-enabled crime is rising are at odds with a new report from crypto research firm Chainalysis, which found that although crypto crime is increasing by volume, it reached an all-time low as a percentage of all blockchain transactions in 2021. In other words, as cryptocurrencies has become more mainstream, crypto crime will continue to rise, but the … [Read more...] about Government Report Suggests Tightening Regulations on Crypto ATMs
Dapper Labs becomes the first NFT company to register to lobby with the US government
Based in Vancouver, Dapper Labs offers a variety of NFT based products and dapps. These include games like CryptoKitties, where players can breed and raise NFT kittens, and Cheeze Wizards, a tournament series where collectible characters can duel each other. Additionally, Dapper Labs is partnered with the NBA and is responsible for Top Shot, an NFT marketplace that sells … [Read more...] about Dapper Labs becomes the first NFT company to register to lobby with the US government
Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4%
On Wednesday, Kazakhstan, the second-largest country in the world when it comes to Bitcoin (BTC) mining hash rate, experienced unprecedented political unrest due to a sharp rise in fuel prices. As a result, the country's presiding cabinet resigned, but not before the state-owned Kazakhtelecom shut down the nation's internet, causing network activity to plunge to 2% of daily … [Read more...] about Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4%
Mexico Plans to Issue a CBDC by 2024, Government Confirms
The Central Bank of Mexico (Banxico) plans to launch a central bank digital currency (CBDC) by 2024, the Mexican government confirmed in a tweet on Wednesday evening.According to the tweet, which was written in Spanish, Banxico “will have a digital currency of its own in circulation” by 2024 as it considers of “utmost importance these new technologies and state-of-the-art … [Read more...] about Mexico Plans to Issue a CBDC by 2024, Government Confirms