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BRICS Nations Push to Expand Global Influence to Counter the West’s ‘Destructive Actions’ – Economics Bitcoin News

The BRICS nations are focusing on increasing their international roles and “enhancing coordination on key multilateral platforms,” Russia’s Minister of Foreign Affairs reportedly revealed after a meeting with BRICS ambassadors. He stressed “the need for joint efforts to counter destructive actions aimed at destroying the established security architecture.” BRICS Seeks Expand

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Push to ban ransomware payments following Australia’s biggest cyberattack

The Australian government is being pushed to ban the payment of cyber ransoms, usually demanded in cryptocurrency, following a local business suffering a mass data breach and subsequent ransom demand.Australian consumer lender Latitude Financial first announced on March 16 that it was hit by a cyberattack and provided an update

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Bitcoin whales push ‘choreographed’ BTC price as Ether nears $2K

Bitcoin (BTC) headed back toward $29,000 into April 5 as data showed whale orders guiding price action.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysis: BTC price push still "bear market rally"Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit $28,780 on Bitstamp.The pair continued a rebound from one-week

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US crackdown will push crypto’s ‘center of gravity’ to Hong Kong: Kaiko CEO

The U.S. government's frosty approach to cryptocurrency regulation could ultimately see the industry’s “center of gravity” shift to Hong Kong, says Ambre Soubiran, the CEO of Paris-based institutional crypto market data provider Kaiko.The U.S. has been at the forefront of the crypto sector for quite some time, however, with

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A spotlight on Binance, Galaxy Digital swings to profit, China’s blockchain push

Regulators in the United States have a fresh target on their radar: Binance. The Commodity Futures Trading Commission (CFTC) has sued the world’s biggest crypto exchange by trading volume for regulatory violations. Accusations range from insider trading to concealing office locations around the world to evade authorities’ oversight. Binance denies the

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EU lawmakers push for stricter rules on anonymous crypto transfers

European Union lawmakers have adopted new draft legislation imposing a 1,000 euro ($1,083) cap on anonymous crypto transfers to combat money laundering and terrorist financing.According to a European Parliament statement published on March 28, the limit would apply to a crypto asset transfer when a customer can’t be identified. Cash

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A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow Banking – Economics Bitcoin News

Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in 2021, according to data from the Federal Reserve. Recently, the U.S. central bank denied Custodia Bank of Wyoming, a financial institution that holds $1.08 for every dollar

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