Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Russia’s money laundering watchdog monitoring crypto to ruble transactions
Rosfinmonitoring has informed the Russian parliament that it is paying close attention to transactions involving the conversion of crypto to rubles. 1845 Total views 11 Total shares Russia’s Federal Financial Monitoring Service, or Rosfinmonitoring — the country’s Anti-Money Laundering body — is policing crypto to fiat transactions.The federal executive body responsible for AML oversight made…

Surprise ETH price drop below $2.5K raises questions about Ethereum fundamentals
Ethereum price followed the broader crypto market sell-off, but its longer term price weakness is driven by network-specific factors.

Japan passes stimulus package, commits to crypto tax reform
Proposed changes include taxing cryptocurrency at a 20% flat rate instead of the current variable ‘miscellaneous income’ rate.

Russia’s ‘Disappointing’ Cryptocurrency Legislation: Why Experts Consider the Bill a Failure
Russia has been trying to pass cryptocurrency legislation since the beginning of January 2018, with no success as of yet. The government’s main bill, “On Digital Technologies,” which was expected to be passed by July 1 — according to the wishes of President Vladimir Putin — will instead most likely be pushed back until an…

OKEx at Davos: Blockchain Best Placed to Meet the Needs of the Unbanked
Major cryptocurrency exchange OKEx is at the 50th World Economic Forum Annual Meeting in Davos this week, promoting blockchain technology as a new motor for the global financial system.Two presentations — delivered by the OKEx Financial Markets Director Lennix Lai on Jan. 22 at the Russia House 2020 and EmTech Investment Meeting 2020 — focused…

Haliey Welch, aka ‘Hawk Tuah,’ speaks out after nearly two months
Welch said that trusting the memecoin promoter, who initially pitched the idea of the HAWK token, was her biggest mistake.

Drug Discovery Platform Verseon Launches Blockchain-Based Securities Exchange
U.S. pharmaceutical company Verseon has become the latest medical organization to experiment in blockchain technology, it confirmed in a press release Tuesday, September 18.Verseon’s main product is its proprietary physics-based drug discovery platform. The company was established in 2002 and it now trades on the London Stock Exchange, boasting a market cap of £211 million…

Crypto-Sec: Phishing scammer goes after Hedera users, address poisoner gets $70K
This week’s news in cybersecurity from around the crypto space covers bug fixes, phishing scams, crypto exchange hacks and more.