Wednesday, May 14, 2025

Russia Contemplates Law to Allow Cryptocurrency Confiscation by Government Agencies

According to Russian media publication RBC, Russia has started working on changing the law that currently grants permission to the law enforcement agencies in confiscating and seizing digital currencies such as Bitcoin(BTC)trade.The Ministry of Internal Affairs of Russia have set the agenda to create a structure of legal mechanism for

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Tether Supports Peter McCormack’s Defense Against Craig Wright

Leading stablecoin operator Tether has announced it will support crypto podcaster Peter McCormack in a lawsuit against self-proclaimed Bitcoin (BTC) creator Craig Wright.General counsel for Tether and cryptocurrency exchange Bitfinex, Stuart Hoegner, revealed on Nov. 8 that Tether also rejects Wright’s claims of being Satoshi Nakamoto. He explained:“Wright has

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