Royal Mint to create a Non-Fungible Token (NFT) this summer, as the government unveils move to recognise stablecoins as a valid form of payment
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WeChat Disables Accounts Linked To NFTs
China's WeChat messaging service disables accounts linked to 'speculation' and secondary sales of NFTs amidst regulatory crackdown
Russia Bans Acquisition Of Foreign Software For Critical Infrastructure
President Vladimir Putin bans purchase of foreign software for critical infrastructure, amidst punishing global sanctions against Russia
Crypto Hackers Steal $615m From Ronin Network
Largest decentralised finance hack in history? Axie Infinity’s Ronin Network admits breach and says it lost $615m in USDC and ethereum
Apple Not Fully Compiling On App Store, Says Dutch Watchdog
More fines on the way as Dutch watchdog insists Apple has not fully compiled with order to open App Store payment options
Bank Of England Begins To Outline UK’s Crypto Regulatory Approach
The UK's Bank of England begins this week to publicly outline its first regulatory framework for cryptoassets, amid ongoing concerns
UK Watchdog Warns 50 Crypto Firms Of ‘Misleading Ads’
Enforcement notices dispatched. The UK's Advertising Standards Authority puts 50 crypto firms on notice over 'misleading ads'
Regulators Monitor Crypto Over Russia Sanction Fears
Regulators at G20 countries say they are monitoring use of cryptocurrencies amidst fears they could be used to evade sanctions on Russia
Tencent ‘Facing Record Fine’ Over Payment Violations
China tech giant Tencent Group facing record fine from central bank over violations of money laundering rules as fintech crackdown continues
UK Regulator Warns Against ‘Illegal’ Crypto Cash Machines
Financial Conduct Authority warns cryptocurrency ATMs operating in UK are illegal and operators must shut them down or face enforcement action
Bitcoin Rises After Biden Signs Crypto Executive Order
US executive order signed by President Joe Biden concerning cryptocurrencies, to examine risks and benefits of digital assets
Ukraine To Issue NFTs To Fund War Effort
Ukraine to issue NFTs to fund armed forces in conflict with Russia, after raising millions in anonymous cryptocurrency donations via social media
Amazon To Close 68 Retail Stores
All Amazon locations of its Pop Up, Amazon Books and 4-star stores, are to be closed in both America and the United Kingdom
Visa, Mastercard Block Russian Financial Institutions
Financial pressure on Moscow continues, with the news that Visa and Mastercard have blocked multiple Russian financial institutions
Apple Halts Product Sales In Russia Over Ukraine Invasion
More tech pushback against Russia. Apple pauses sales of its physical devices in Russia, following its invasion of Ukraine
Fujitsu Confirms It Will End Mainframe Sales in 2030
Bad news for banks? Mainframe sales will end in 2030, and support will cease by 2035, Fujitsu reveals in roadmap announcement
Bitcoin Mining Gets Dirtier After China Crackdown
Proportion of renewable sources powering Bitcoin mining industry plummets after miners shift from China to Kazakhstan and the United States
Ukraine Raises Millions In Cryptocurrency Donations
Ukrainian government and NGOs receive millions of dollars' worth of Bitcoin, Ethereum and other digital coins amidst Russian invasion
Russian Invasion Triggers Crypto Crash
Cryptocurrencies suffer loses on Monday and Tuesday, as Vladimir Putin orders Russian combat troops into rebel held parts of Eastern Ukraine
Russia Finance Ministry Advances Crypto Regulation Plans
Russia's finance ministry says it will take central bank's cryptocurrency fears into account as it submits legislative proposals to regulate the sector
Amazon and Visa Agree Worldwide Truce
Global payment fee truce has been agreed, after Amazon threatened to stop accepting UK-issued Visa cards last year, over its 'high fees'
Post Office Horizon Scandal Public Inquiry Begins
The “appalling injustice” of Post Office's Horizon scandal left some victims contemplating suicide after theft allegations and convictions
HMRC Seizes NFTs In £1.4m Fraud Probe
HMRC becomes first UK law enforcement body to seize non-fungible tokens, as authorities warn that crypto assets pose money-laundering risk
Crypto Giant Binance To Take $200m Stake In Forbes
Giant cryptocurrency exchange Binance to take $200m stake in Forbes as media firm plans $630m listing in New York through blank-cheque company
FBI Arrest Couple For Alleged Laundering Of $4.5bn In Bitcoin
Married couple arrested in New York by FBI, in largest ever cryptocurrency theft case, as authorities seize $3.6 billion in stolen bitcoin
Apple Turns iPhone Into Mobile Payments Terminal
Watch out Jack Dorsey and Square (renamed Block)! Apple 'Tap To Pay on iPhone' transforms an iPhone into a payment terminal
Crypto Companies Band Together To Address Fraud Risk
Large crypto companies and trade associations promote 'market integrity pledge' to gain public trust amidst ongoing risk of manipulation and fraud
Tesla Bitcoin Holdings Valued At $1.99 Billion
Tesla's Bitcoin holdings had fair market value of $1.99bn at end of 2021, as it loses $101m due to cryptocurrency's ongoing volatility
EU Urged To Take Rapid Action Over Digital Finance Risks
Joint report by EU financial regulators identifies 'new synergies' but also potential for 'systemic risk' that must be addressed by holistic supervisory approach
North Korea Cryptocurrency Theft ‘Funding Missile Programmes’
Attacks on cryptocurrency exchanges remain 'important revenue source' for North Korea's ongoing missile programmes, UN report finds