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Crypto Donations Pile Into Ukraine Raising More Than $5 Million

As the world continues to reel from the recent military invasion of Ukraine by Russian military forces, the crypto community is stepping up to offer aid to bothe the Ukrainian people and their military forces. Cryptocurrency donations, including Bitcoin and various altcoins, have been pouring into the country. Since the first incursion of Russian forces into Ukraine, more than $5 million in cryptocurrency has already been raised, according to blockchain analytics firm Elliptic.

Botswana’s Virtual Asset Bill Passes, Heads To President Masisi’s Desk For Signature

Botswana lawmakers approved the “Virtual Asset Bill” today, February 2nd, in the country’s parliament. A welcomed move that could result in Botswana becoming one of the first countries in Africa to have laws regulating cryptocurrencies. In continuing efforts to tighten anti-money laundering measures, the bill will impose a comprehensive regulatory framework on cryptocurrency trading and other virtual assets. 

NYDIG Is Bringing Bitcoin Services To 100s Of American Banks In 2022

Numerous community banks throughout the United States are gearing up to begin offering Bitcoin and crypto trading services to their clients. Facing constant demand for new services aimed at crypto trading, over 300 banks will begin offering new services targeting Bitcoin to their clients by Q1 or Q2 of 2022 with the help of NYDIG, a subsidiary of Stone Ridge, that has already been heavily involved in supporting various crypto initiatives by traditional financial institutions.

Valkyrie Is Digging For Bitcoin Mining ETF

Crypto asset firm Valkyrie Investments has just submitted filings with the SEC to list a Bitcoin mining-focused exchange-traded fund on the Nasdaq. Valkyrie’s proposed ETF would invest a minimum of 80% of its net funds into stocks of domestic and foreign companies that generate at least 50% of their revenue from Bitcoin mining and related operations including the production of specialized mining chips, hardware, and software to support the industry. 

Street Signals Point To Potential End Of Satoshi Sale As Bitcoin And Ethereum Close Out Monday With Significant Gains

After a short reprieve over the weekend, cryptocurrencies continued their dramatic and prolonged slide on Monday, culminating in bitcoin losing nearly half of its value since it hit record highs last November. 

Iron Hammer, Paper Hands: Russia Jumps On Crypto Ban Wagon, Moves To Outlaw Crypto Mining And Investment

On Thursday, Russia’s Central Bank launched a proposal to ban both cryptocurrency investments and mining, joining in a chorus of governments around the world cracking down on digital currencies while highlighting the various threats cryptocurrencies pose to monetary stability and private citizens. 

Singapore’s Central Bank Shutters Bitcoin ATMs Amid Crypto Crackdown

The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator and it has just taken steps to curb crypto trading by the general public releasing new guidelines for the industry that require immediate adoption. MAS has also taken the step of directing the business sector to abstain from both advertising or showcasing any products relating to cryptocurrencies to Singapore’s citizens citing the high risk environment surrounding crypto as the motivation behind the recent moves.