Global

The Russian Energy Ministry is seeking greater authority to manage the burgeoning cryptocurrency mining sector, specifically aiming to disconnect miners from energy grids as they ramp up operations.

Revolut, the cryptocurrency-friendly neobank, recently announced a significant achievement in its fight against fraudulent crypto transfers. Between June 1 and September 1, 2024, the company successfully blocked up to $13.5 million worth of potentially fraudulent transactions.

Nayib Bukele, the maverick president of El Salvador, has long faced criticism from institutions and politicians alike for his unconventional approach to governance and finance.

In a significant shift, Nigeria, Africa’s largest oil producer, has decided to sell its crude oil in naira instead of US dollars. This decision, announced by the Federal Executive Council (FEC), marks a departure from decades of reliance on foreign currency for oil transactions, aiming to bolster the nation’s economic stability.

In a significant move within the cryptocurrency landscape, Crypto.com has announced a strategic partnership with 21.co, the parent company of the renowned cryptocurrency asset manager 21Shares.

In the ever-evolving landscape of cryptocurrency, the need for compliance with international laws while safeguarding user rights has never been more crucial. Nils Andersson Rød, the global head of financial crime investigations at Binance, recently underscored the platform's commitment to conducting independent investigations rather than simply adhering to government requests.