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Underground Crypto Mining Farm Raided in St. Petersburg as ‘Crypto Trading Scam’ Sweeps Russia

Underground Crypto Mining Farm Raided in St. Petersburg as ‘Crypto Trading Scam’ Sweeps Russia

Russian police have shut down an illegal crypto mining farm found operating in an industrial zone in St. Petersburg, as the internal affairs minist...
Russia’s digital ruble pilot hits 100,000 transaction milestone

Russia’s digital ruble pilot hits 100,000 transaction milestone

Transactions with the digital ruble have reached 100,000 since the Bank of Russia started testing its new currency almost two years ago. The stats ...
'Teapot' refineries & ghost tankers: China's playbook for dodging U.S. sanctions on Iran oil

'Teapot' refineries & ghost tankers: China's playbook for dodging U.S. sanctions on Iran oil

China has quietly ramped up its imports of Iranian oil, using shadowy shipping tactics and independent “teapot” refineries to work around aggressiv...
Rostov Court finds peer-to-to peer crypto transactions taxable

Rostov Court finds peer-to-to peer crypto transactions taxable

A court in the Russian region of Rostov has recognized P2P (peer-to-peer) transactions for the purchase and sale of cryptocurrency as constituting ...
Moscow Exchange to Follow up BTC Futures Launch With Crypto Funds, Structured Bonds

Moscow Exchange to Follow up BTC Futures Launch With Crypto Funds, Structured Bonds

The Moscow Exchange is set to launch a new Bitcoin (BTC) index futures offering, in addition to crypto funds and structured bonds. The post Moscow ...
The British pound just hit a 3-year high, but no one is confident it will last

The British pound just hit a 3-year high, but no one is confident it will last

The pound is now sitting at a 3-year high, and everyone in the market is either panicking, pretending to be a prophet, or quietly adjusting spreads...
Traders diffused oil prices at the height of Israel-Iran war causing Brent crude to drop

Traders diffused oil prices at the height of Israel-Iran war causing Brent crude to drop

Oil traders reacted instantly on Monday when Iran fired missiles at a U.S. military base in Qatar, selling off crude instead of pushing prices up. ...
Moscow Exchange prepares to launch Bitcoin index futures

Moscow Exchange prepares to launch Bitcoin index futures

Russia’s largest stock market, the Moscow Exchange, will offer a new crypto futures contract, this time based on its own recently introduced Bitcoi...
Asian central banks shy away from currency intervention

Asian central banks shy away from currency intervention

In its latest foreign-exchange report released in June, the U.S. Treasury refrained from labeling any country a currency manipulator.
Israel's ongoing attacks on Iran could lead to regime collapse, with major oil price consequences

Israel's ongoing attacks on Iran could lead to regime collapse, with major oil price consequences

The Israeli military has been bombing Iran for eight days straight, and senior officials now say this could lead to the collapse of Tehran’s regime...