President Vladimir Putin called for regulation of cryptocurrencies but stopped short of backing a broad ban as a debate rages over how Russia should handle the increasingly popular financial instruments.
An organized crime ring in Eastern Europe has orchestrated sophisticated cyber and physical attacks that have drained millions of dollars from banks in Russia, and banks in other countries could be targeted next.
Klarna’s instant online financing for purchases is gaining a foothold in the U.S., where the Swedish company is testing a subscription-based financing approach starting with golf clubs from TaylorMade Golf.
China's Metaverse Foundation collaborated with Russian crypto investment bank CyberTrust to create the Cryptocurrency Fund to support ICO projects from China and Russia through KICKICO's crypto crowdfunding platform.
Payments startup UTRUST is calling its first step in building a bitcoin and cryptocurrency payments platform with consumer protections a huge success, despite events working against its industry in China.