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UK Intensifies Crackdown on Cryptocurrency Networks Linked to Russia
NCA issued its first national industry alert regarding the A7 network on August 31 • Government aims to raise OFSI's fine cap to £2 million or 100% of the violation amount • A7 network claims to have processed over US$86 billion in its first year, data yet to be verified.
US PMI Falls in August: What This Means for Interest Rates and Investments
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Russia opens the door to crypto starting today. Sberbank, the largest bank in the country, wants to allow customers to borrow using Bitcoin, Ethereum, and USDT as collateral. The bank expects $46 billion in trading in the first year. But what is actually allowed? New Russian law makes crypto trading...
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