Central Bank proposes legal framework for tokenization
And labels crypto transactions 'suspicious'
France calls for EU rules on virtual currencies
France's Finance Minister Bruno Le Maire said on Friday the European Union should introduce a common set of rules to govern virtual currencies, which are at the moment mostly regulated at national level, Reuters reported. Arriving …
Crypto mining now official activity in Iran
Cryptocurrency mining is now an official industrial activity in Iran after winning approval from the country’s cabinet. In a session on Sunday, chaired by President Hassan Rouhani, cabinet …
Iran to launch its own cryptocurrency
Iran's Peyman cryptocurrency is about to start operating and will soon be launched, CEO of Bank Melli Iran Mohammad Reza Hosseinzadeh said, adding that the cryptocurrency is gold-backed. Hosseinzadeh noted that …
The Middle East Becomes Significant As A ‘Cryptocurrency Capital’
Dubai is counted among the few places who have readily embraced crypto transactions, surpassing the US and the UK
Riyadh and Abu Dhabi collaborate on new cryptocurrency
Saudi Arabia and the United Arab Emirates have announced an agreement to cooperate on the creation of a cryptocurrency, Emirate News Agency reported. The Executive Committee of the Saudi-Emirati Coordination Council has held a meeting …
Energy giants, banks launch new blockchain platform for oil and gas deals
Fifteen multinationals announced the launch of a new blockchain platform
Russia and Iran to develop own cryptos to reduce USD dependence
This way they can avoid US sanctions
Georgia ranks third largest miner of cryptocurrencies - media
Georgia is the world’s third largest miner of cryptocurrencies, according to a new World Bank report, Cryptocurrencies and Blockchain: Europe and Central Asia Economic Update. "Blockchain technologies are …
Iran bans Bitcoin dealings
Iran has banned the country’s banks from dealing in cryptocurrencies, including Bitcoin, over money-laundering concerns, Iran's central bank said. "Banks and credit institutions and currency exchanges should avoid any …
Armenian miner tries to smuggle cryptocurrency devices from Russia
A 35-year-old Armenian citizen who tried to transport equipment for crypto-currency mining in his car was detained at Upper Lars checkpoint on the Russian-Georgian border. The preliminary estimated value of each of the two illegally …
Bitcoin exceeds $10,000
Bitcoin exchange rate rose to $10,101, according to electronic cryptocurrency platform Coinmarketcap. Earlier, the bitcoin rate showed a sharp drop and fell to a mark of $5996 on February 6. Bitcoin reaches its maximum value in December …
Russians arrested for 'mining bitcoin' at nuclear facility
Engineers at Russia’s top nuclear research facility have reportedly been detained after they attempted to mine bitcoin on its computers, The Guardian reported citing Interfax. Several employees at Russia’s nuclear centre in …
Forbes releases list of cryptocurrency's billionaires
Forbes has released its list of the richest people in the cryptocurrency community. The most richest people in cryptocurrency are : Chris Larsen ($7.5-8 billion), Joseph Lubin ($1-5 billion), Changpeng Zhao ($1.1-2 billion), Cameron …
Russian PM: Eurasian Economic Union needs common approach to cryptocurrencies
It will not be right to focus only on national policy towards cryptocurrencies, there is a need for the Eurasian Economic Union (EEU) members to adopt a common approach to this issue, Russia's Prime Minister Dmitry Medvedev …
Turkish football club completes first bitcoin transfer
A Turkish football club has completed the country's first ever transfer using the Bitcoin cryptocurrency, broadcaster CNN Turk reported. Harunustaspor, a local amateur league club, signed 22-year old Omer Faruk Kiroglu for 2,000 …
Russia's VTB head says what he thinks about bitcoin
Bitcoin is a fake currency, Russia’s VTB Bank PJSC management board Chairman Andrey Kostin said in Davos. "Bitcoin is a fake currency and governments can’t accept a growing market of money not …
Turkish authorities caution against risks of cryptocurrencies
Turkish Economy Minister Nihat Zeybekci called on citizens to refrain from using cryptocurrencies, the ministry said in a statement. The minister stressed that there are many reasons that make it necessary to refrain …
New cryptocurrencies cause bitcoin price drop
Bitcoin exchange rate fell by 6.76% to $14,300, according to the data of the electronic cryptocurrency platform Coinmarketcap. According to Coindesk, which provides the most accurate bitcoin price using an average from the …
Russia's Finance Ministry suggests taxation of mining
Russia's Finance Ministry suggests collecting a tax on mining similarly to taxes on business operations, the Deputy Finance Minister Alexei Moiseev said. "We categorize mining as a business activity. Sole …
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