Crypto Market Faces its Biggest Risk Yet as Central Banks Make a Surprising Move

Central banks are concerned about the widespread adoption of stablecoins threatening the global financial system. As they make recommendations to heavily regulate or even ban them, the...

Christina Comben | 9 months ago
Russia FSB $450 million Bitcoin
Russia Crypto News

Russia Decides to Outlaw Crypto as a Means of Payment

Russia’s Federal Security Service (FSB), the successor of KGB, agreed with the Central Bank of Russia that cryptocurrencies should not be allowed as means of payments on the...

Anatol Antonovici | 11 months ago
BigTech companies risk global financial stability

BigTech Cryptocurrencies Pose Risk to Global Financial Stability: FSB

The Financial Stability Board (FSB) says government and regulators should closely monitor the emerging trend of BigTech companies entering the crypto payments and digital money...

Osato Avan-Nomayo | 1 year ago
Russia FSB $450 million Bitcoin

BBC Investigation Links Russia’s FSB To $450M Exchange Collapse

A BBC investigation has revealed links between Russia’s intelligence agency, the Federal Security Service (FSB), and the collapse of the Wex cryptocurrency exchange in 2018...

Emilio Janus | 1 year ago
Japan’s digital currency

Int’l Finance Watchdog Appoints Japanese Cryptocurrency Regulator

The Financial Stability Board (FSB) has appointed Ryozo Himino, Japan’s top cryptocurrency regulator, as the new head of its Standing Committee on Supervisory and Regulatory...

Osato Avan-Nomayo | 1 year ago
russia police bitcoin

Russian Secret Service Demanded $1M Bitcoin Bribe From Media Mogul

Bitcoin hit the headlines in Russia again this week after it emerged the country’s law enforcement had tried to extract a bitcoin bribe worth $1 million. FSB Illegally Sought $1.02...

Esther Kim | 2 years ago

Financial Stability Board Pinpoints 4 Key Areas Crypto Needs to Clean Up

The Financial Stability Board (FSB) has warned that in the future, crypto-asset markets could disrupt the security of financial markets. The organization plans to closely monitor the...

Eustace Cryptus | 2 years ago

Cryptocurrencies Pose No Threat to Global Finance but Require Vigilant Monitoring, Says FSB

In a press release issued on July 16 via its website, the Financial Stability Board (FSB) announced that cryptocurrencies do not pose a threat to the global financial system. FSB...

Osato Avan-Nomayo | 3 years ago

Russia Blocked Telegram Because Crypto Is ‘Uncontrollable,’ Says FSB Memo

Russian authorities blocked Telegram because they would not be able to “control” its new cryptocurrency, likening it to ponzi scheme Mavrodi Mondial Moneybox (MMM). FSB: Telegram...

Wilma Woo | 3 years ago

Telegram Could See Its Token Benefit from Russian Ban

Telegram, one of the most popular messaging apps in the world, has been shut down by the Russian government.  “Privacy Is Not for Sale” A recent Forbes article has...

Ashour Iesho | 3 years ago

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