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The provision, entitled “Strengthening financial resilience,” says: “To further safeguard financial stability, we are taking important steps to discourage the use of cryptocurrencies with a view to preventing money laundering, informality and disintermediation.” Original Source
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Amid the United States and the European Union taking measures to prevent Russia from using cryptocurrencies to potentially evade sanctions, some countries in Asia have also been moving to respond to the situation.Japan to fine crypto exchanges for violating sanctionsJapan became the latest country in Asia to call cryptocurrency firms
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“The planned expansion of the power capacity at the Facility to 300MW over the next 18 to 24 months would, if achieved, enable BitNile to grow its existing partnership with Bitmain while potentially attracting other strategic joint-venture partners,” said the company’s founder and executive chairman, Milton Ault, III. Original Source
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Australian bitcoin miner Mawson Infrastructure Group has signed a 12 megawatt (MW) hosting co-location deal with Foundry Digital, just days after signing a 100MW deal with Celsius (Foundry Digital is a subsidiary of Digital Currency Group, the parent company of CryptoX). Source
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English Premier League champions Manchester City signed a multi-year partnership deal with cryptocurrency exchange OKX. Original Source
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In brief: Heather Morgan is reportedly negotiating a plea deal with authorities to avoid jail time Morgan was arrested alongside her husband for attempting to launder cryptocurrency stolen during the 2016 Bitfinex Hack Ms. Morgan is a rapper and entrepreneur who is currently out of jail on a $3 million bond bail The lawyers
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The backing comes from Luxembourg-based GEM, a $3.4 billion alternative investment group. Source
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On Tuesday, London Stock Exchange Group, or LSEG, announced the acquisition of U.S.-based cloud technology provider Tora for $325 million; the deal is expected to close in the second half of the year. Tora offers software trading solutions for customers exposed to stocks, forex, fixed income securities, derivatives, and cryptocurrencies.
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Circle has received a valuation of $9 billion in a new transaction terms with special purpose acquisition company (SPAC) Concord Acquisition Corp. Source
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The deal is worth $50 million per annum or $150 million for the total three-year period, according to a source. Source
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