[May 24, 2023 2:00 PM] The larger portion of payments between Russia and China are now processed using the currencies of the two countries, Prime Minister Mikhail Mishustin revealed. Moscow and Beijing intend to increase mutual trade beyond the $200-billion target this…
[May 23, 2023 4:30 PM] Russian citizens and firms doing business abroad may soon be restricted in the amount of foreign currency they are allowed to acquire, on order from Vladimir Putin. Russia’s head of state now wants his government to cap such purchases on the…
[May 19, 2023 9:33 PM] According to Strike CEO Jack Mallers, the expansion drive aims to counter the “clouded world of crypto exchanges and hidden, unregistered licensing regimes and 1,000 different coins.”
[May 19, 2023 3:30 AM] Cryptocurrency proponents in the United States are facing increasing challenges when it comes to utilizing digital assets for expenditures. Several crypto companies have encountered difficulties in securing banking partners. This week, Bitpay, a…
[May 18, 2023 6:57 PM] Cuscal, the company that handles the Australian dollar on- and off-ramping for the exchange, declined to comment specifically on why it decided to pull support for Binance Australia.
[May 17, 2023 8:24 PM] Australian dollar deposits and withdrawals have been impacted due to a decision made by its third-party provider, it said in an announcement.
[May 13, 2023 11:00 AM] The hype around Bitcoin Ordinals and BRC-20 tokens is unsustainable and will fade away in a matter of months, according to JAN3 CEO Samson Mow.
[May 11, 2023 9:30 AM] According to the Bank for International Settlements, offline payments with CBDC raise new risks related to counterfeiting, fraud and privacy concerns.
[May 6, 2023 7:30 AM] Efforts to transition to trade in national currencies in the Shanghai Cooperation Organization (SCO) can no longer be stopped, according to Russian Foreign Minister Sergey Lavrov. During a meeting with his colleagues in India, Moscow’s top diplomat…
[May 5, 2023 6:00 AM] While still a relatively-new technology, the Bitcoin Lightning Network offers distinct advantages for a wide range of business operations. This is an opinion editorial by Matt Maraia, a CPA focused on how changes to accounting regulations impact…
[May 4, 2023 11:00 AM] The latest version of the legislation included limiting the Federal Reserve from using the U.S. state as a potential testing ground for its own CBDC pilot.
[May 3, 2023 5:30 AM] Authorities in Iran are taking steps to make crypto payments easier for companies importing goods in the sanctioned country. A dedicated platform has been established to allow local businesses to transfer cryptocurrency for the purpose of…
[Apr 30, 2023 10:00 PM] Cryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian authorities intend to set up a special committee that would issue permits to operators employing…
[Apr 30, 2023 8:00 PM] BRICS nations can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a meeting with China’s top diplomat for the region, the leader of the war-torn Middle Eastern country called…
[Apr 30, 2023 12:00 AM] After the American financial technology giant Paypal rolled out crypto payments last year, the company is now introducing cryptocurrency transfer services to Venmo users. The firm detailed that Venmo customers will be able to send funds to an…
[Apr 26, 2023 5:30 AM] Fabio Panetta, a member of the executive board of the European Central Bank (ECB), announced the digital euro project was entering its final phase. Before the committee on economic and monetary affairs of the European Parliament, Panetta stated…
[Apr 23, 2023 10:00 PM] A Russian crypto entrepreneur, charged with laundering money from ransomware attacks, has been sentenced to probation and fined in the U.S. after pleading guilty. Founder of two coin trading platforms, Denis Dubnikov, was arrested in the…
[Apr 23, 2023 2:44 AM] Civil servants including public service personnel, public institution personnel and personnel of state-owned units at all levels in the city will be compensated in digital RMB payment.
[Apr 22, 2023 9:44 PM] China and Singapore will collaborate “on concrete initiatives that will catalyze capital flows to support a credible and inclusive transition to a low carbon future for our countries and the region.”
[Apr 21, 2023 1:59 PM] Anja Manuel said U.S. sanctions generally work with “responsible” blockchain firms but not when there are fintech solutions available to individuals looking to circumvent them.
[Apr 21, 2023 1:52 PM] House Bill 690, “No Cryptocurrency Payments to State,” would stop citizens of North Carolina from paying the state using bitcoin.The General Assembly of North Carolina has introduced a bill that would ban the usage of bitcoin as payment to the…
[Apr 20, 2023 6:41 AM] Ran Goldi, the vice president of payments at Fireblocks, believes that affordability and speed will keep big brands that have implemented crypto payments in the last two years.
[Apr 19, 2023 5:30 AM] Bank of Russia is building a system of gateways with foreign payment networks and is now working with Turkey in this field. Russia’s monetary authority would also allow the experimental use of cryptocurrencies in foreign economic activities, its…
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