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Category Archives: Politics

UK bans Bitcoin ATMs: “Shut down the machines”

UK bans Bitcoin ATMs: “Shut down the machines”

Regulators in the UK have forced all companies operating bitcoin ATMs in the country to stop their operations and move their machines from the locations they occupy from this Friday (11). The UK Financial Conduct Authority (FCA) statement states that all cryptocurrency ATM operators must

Elon Musk pressured to shut down Tesla cars in Russia

Elon Musk pressured to shut down Tesla cars in Russia

Tesla and SpaceX CEO Elon Musk has sought to address Ukraine’s needs during the current conflict (resulting from the invasion of Russia) by providing more means of Starlink high-speed internet access. But Musk’s Twitter followers have one more idea for the entrepreneur. As reported by

"Cryptocurrencies won't help Russia evade sanctions," experts say

“Cryptocurrencies won’t help Russia evade sanctions,” experts say

Since invading Ukraine, Russia has come under various economic sanctions. In view of this, the possibility of the country using cryptocurrencies such as Bitcoin to circumvent these sanctions began to be raised. However, for crypto experts, digital assets alone will not allow Russia to circumvent