Business

On December 7, a man named Brannen Sage Mehaffey pleaded guilty to operating an illegal cryptocurrency money transfer exchange.

The Russian Energy Ministry confirms that mining cryptocurrencies is not part of daily needs. Therefore, there is no way for miners to benefit from residential electricity rates.

Nowadays, it is difficult to imagine life without gadgets. People tend to trust them with the most valuable information, including sensitive data and banking details. It's no wonder that if a device is lost, the consequences can be severe.

On November 17, the Russian Federal Security Service (FSB) raided the office of a suspected illegal cryptocurrency exchange in a business center in St. Petersburg.

Nowadays, Venture capitalists and institutional investors dominate the investment business. The issue is that they may use their capital, network, connections, and brand to negotiate better investment terms and generate significant returns.  

There has always been a demand for quality investment services. Trying to satisfy this demand there was an idea of ​​creating the Aribuka company.

More than 20 cryptocurrency companies have announced they are leaving China after the government cracked down on the industry on September 24. This new wave of sanctions paves the way for the US to gain the upper hand in this sector.

Many cryptocurrency exchanges have had problems with financial regulators in different countries. Some of them have had to shut down or move their operations to other countries. Others have been forced to look for ways to deal with supervisors and improve compliance.

The United States Securities and Exchange Commission (US SEC) has already become notorious for its litigation against cryptocurrency companies. Ripple, Binance... Coinbase could be next. Is the regulator fighting the cryptocurrency business?