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Government Officials in Russia Expected to Declare Their Cryptocurrency Savings

Government Officials in Russia Expected to Declare Their Cryptocurrency Savings

Government officials in the Ural region of Russia are now expected to declare their savings stored in cryptocurrencies.

Gambling Rings Use Cryptocurrency to Transfer $145.5 Billion of Funds Outside China Every Year, Official Report Reveals

Gambling Rings Use Cryptocurrency to Transfer $145.5 Billion of Funds Outside China Every Year, Official Report Reveals

Government officials identified that cryptocurrencies are used to collect and transfer 1 trillion yuan out of China to online gambling and casinos every year.

Chinese Police Seize $14M in Crypto from Scammers Posing as Huobi Officials

Chinese Police Seize $14M in Crypto from Scammers Posing as Huobi Officials

The Chinese police arrested a crypto scammer gang in Wenzhou that reportedly swindled $14.3M in cryptocurrencies.

The Fourth Belt and Road Summit 2019 –  FinTech Cultural Revolution for Inclusive and Green Finance

The Fourth Belt and Road Summit 2019 – FinTech Cultural Revolution for Inclusive and Green Finance

The fourth Belt and Road Summit jointly organized by the Hong Kong Special Administrative Region Government and the Hong Kong Trade Development Council was held on 11 to 12 September at the Hong Kong Convention and Exhibition Centre. With around 5000 government officials, professionals and entrepreneurs from 69 countries attended the summit, opportunities and innovations were shared and explored.

Russians are Rushing to Buy Bitcoin as COVID-19 Pandemic Continues

Russians are Rushing to Buy Bitcoin as COVID-19 Pandemic Continues

As governments around the world continue to battle ill-effects of the ongoing COVID pandemic, Bitcoin is turning out an investment of choice among developing and emerging economies. Officials from the Russian chapter of Binance, Garantex, and EXMO shared insights with the Russian publication, confirming the growth in users originating from the country. All the bourses have mandatory KYC policies in place, meaning the reported figures are accurate.

Federal Reserve Votes to Keep Inflationary Monetary Conditions as US Economy Heals

Federal Reserve Votes to Keep Inflationary Monetary Conditions as US Economy Heals

Federal Reserve officials voted at the Federal Open Market Committee (FOMC) meeting to maintain the same monetary conditions that have aided Bitcoin's 2020 price surge.

Scammers Hack Monero's Official Website and Infected It With Malware

Scammers Hack Monero's Official Website and Infected It With Malware

According to Monero's official website, there has been an attempt by unscrupulous people to compromise it's the system, by infecting its wallet with malware that's capable of stealing user's cryptocurrencies when downloaded and installed

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