BITCOIN

Use of cryptocurrencies is increasing in Russia, the head of the country’s financial watchdog has informed President Putin. The agency, Rosfinmonitoring, is following thousands of participants in digital asset transactions with a new blockchain analytics system, the official revealed. Volume of Crypto Transactions in Russia Almost $13 Billion, Financial Authority Says The turnover of crypto assets in Russia is growing, according to Yury Chikhanchin, director of the Federal Financial Monitoring Service of the Russian Federation ( Rosfinmonitoring ), who reported to President Vladimir Putin about the agency’s current operations. The watchdog is monitoring the activities of over 25,000 participants in crypto transactions, the executive revealed at a meeting with the head of state. The service has also identified around a dozen financial organizations that provide assistance to them. Quoted by the business news portal RBC, Putin remarked that wherever money or new financial instrument...

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that another bank is set to crash following the collapse of Silicon Valley Bank and the voluntary liquidation of Silvergate Bank. Kiyosaki also recently said the world economy is on the verge of collapse, warning of bank runs, frozen savings, and bail-ins. Robert Kiyosaki Predicts Another Bank Is Set to Crash The author of Rich Dad Poor Dad, Robert Kiyosaki, has warned that another bank is about to fall. He noted that two major banks have already “crashed.” Silicon Valley Bank was shut down by U.S. regulators on Friday while Silvergate Bank announced voluntary liquidation on Wednesday. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries. Predicting that a third bank is about to crash, Kiyosaki twe...