Here’s why Russia’s investigating committee seeks regulating Bitcoin as property

Russia’s main federal investigating authority is proposing new legislation for Bitcoin that could potentially criminalize its transfer through third parties. Russia’s Investigative Committee has put forward a proposal that could potentially affect the country’s cryptocurrency market. In early February, the agency’s Chairman Alexander Bastrykin announced during an extended board meeting that the committee had proposed […]

US Congress starts investigating crypto debanking allegations

The U.S. House Oversight Committee has launched an investigation into alleged debanking practices targeting crypto companies.  On Friday, Committee Chair James Comer sent letters to prominent crypto executives, including Coinbase CEO Brian Armstrong and Uniswap founder Hayden Adams, seeking information about reported banking restrictions. The inquiry aims to assess whether financial institutions acted independently or […]