Copper Technologies Archives - Bitcoin Times https://www.bitcointimes.co.uk/tag/copper-technologies/ The Latest UK Bitcoin and Crypto News Wed, 13 Mar 2024 10:13:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.bitcointimes.co.uk/wp-content/uploads/2023/02/cropped-Bitcoin-Fav-Logo-32x32.png Copper Technologies Archives - Bitcoin Times https://www.bitcointimes.co.uk/tag/copper-technologies/ 32 32 UK Cryptocurrency Firm Transfers $4.2m to Member of Alleged Russian Arms Network https://www.bitcointimes.co.uk/news/technology/uk-cryptocurrency-firm-transfers-4-2m-to-member-of-alleged-russian-arms-network/ https://www.bitcointimes.co.uk/news/technology/uk-cryptocurrency-firm-transfers-4-2m-to-member-of-alleged-russian-arms-network/#respond Wed, 13 Mar 2024 10:13:40 +0000 https://www.bitcointimes.co.uk/uncategorized/uk-cryptocurrency-firm-transfers-4-2m-to-member-of-alleged-russian-arms-network/ A UK cryptocurrency firm, Copper Technologies, transferred digital assets worth over $4.2m to a crypto wallet belonging to Jonatan Zimenkov, a member of an alleged Russian arms-dealing network. Adaptation of UK Laws and Level of Anonymity in Cryptocurrency Sector This raises questions about the adaptation of UK laws governing crypto and the level of anonymity [...]

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]]> A UK cryptocurrency firm, Copper Technologies, transferred digital assets worth over $4.2m to a crypto wallet belonging to Jonatan Zimenkov, a member of an alleged Russian arms-dealing network.


Adaptation of UK Laws and Level of Anonymity in Cryptocurrency Sector

This raises questions about the adaptation of UK laws governing crypto and the level of anonymity provided by the rapidly evolving sector.


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The revelation highlights the need for tighter regulation within the wider financial system.
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Call for Tighter Regulation within the Financial System

While there is no suggestion that Copper breached any sanctions, the revelation highlights the need for tighter regulation within the wider financial system.


Read more here at https://www.theguardian.com/technology/2024/mar/11/crypto-firm-assets-alleged-russian-arms-dealer

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