Sberbank to Join Russia’s Crypto Settlement Pilot This Fall, Executive Reveals
Sberbank, Russia’s largest financial institution, plans to join a cryptocurrency settlement pilot program this fall. The bank also aims to serve clients using digital rubles by 2025. Deputy Chairman Anatoly Popov supports regulatory efforts to legitimize cryptocurrencies for international payments and mining. He highlighted cryptocurrencies as effective payment methods, especially for small businesses, amid global […] Powered by...
US Banking Regulator Calls for Stronger Oversight of Crypto Risks
Acting Comptroller Michael Hsu has emphasized the importance of proactive oversight in managing crypto risks. He cited the 2022 crypto market collapse, with a $2 trillion loss, where effective supervision kept banks stable. Hsu emphasized the need for vigilant supervision as digital assets and fintech increasingly integrate with traditional banking, presenting new challenges and risks. […] Powered by...
Amid Criticism, Central Bank of Argentina Confirms Moving Gold Abroad
In a recent press release, the Central Bank of Argentina acknowledged sending part of its gold holdings abroad, stating that it had “recalibrated” the nation’s gold between its accounts. The institution faced criticism from some lawmakers who are concerned that this gold located abroad might be subject to confiscation due to an embargo order benefiting […] Powered by...
UFC & MLB Join Pirate IPTV Blocking as Broadcasters Collaborate to Cut Costs
In June 2022, Canada’s Federal Court handed down a ‘dynamic’ blocking order to prevent live NHL games from being viewed via pirate IPTV streams. Obtained by companies including Rogers, Bell, The Sports Network, and Groupe TVA, the injunction was the first of its kind in Canada and had flexibility built-in by design. That was only the beginning and just like the UK and other countries in Europe, more applications resulted in more...
TorrentGalaxy is Back Online & Uploads Resume
For a torrent site, TorrentGalaxy is still a relative newcomer. The site is barely seven years of age while others have been around for over two decades. In that timespan, however, TorrentGalaxy secured a key place in the torrent ecosystem. Not only does it serve millions of users directly, its ‘release’ groups also distribute torrents across other popular sites, including The Pirate Bay and 1337x. This role has been challenged over...
