Russia goes cold on bitcoin – again: Threatens to ban cryptocurrency

Russia goes cold on bitcoin – again: Threatens to ban cryptocurrency


RUSSIA’S love-hate relationship with cryptocurrency took another twist today when the Central Bank of the Russian Federation announced it would now support proposals to ban payments in bitcoin. Following weeks of pro-cryptocurrency talk from Moscow’s technology leaders – and even nods of approval from within the Kremlin about digital assets – the unpredictable narrative has now switched back to one of negativity towards BTC.

Source: Daily Express :: Finance Feed https://ift.tt/33vz0Ny

Pound US Dollar exchange rate: GBP/USD flat as poll predicts Boris comfortable win

Pound US Dollar exchange rate: GBP/USD flat as poll predicts Boris comfortable win


The pound remained muted against the US dollar as US markets closed for Thanksgiving, leaving the pairing trading a around $1.291. Sterling remained flat against the dollar on Thursday afternoon, although the currency was able to approach seven-month highs on heightened Brexit optimism.

Source: Daily Express :: Finance Feed https://ift.tt/2rzlGKO

Crypto money laundering and theft tops £3.4 BILLION this year

Crypto money laundering and theft tops £3.4 BILLION this year


MONEY laundering and theft through cryptocurrency has hit a staggering £3.4billion so far this year, according to a report released today. The dossier – issued by intelligence experts CipherTrace – also warns that terrorists are increasingly turning to cryptocurrencies to conceal their fundraising.

Source: Daily Express :: Finance Feed https://ift.tt/33tSand