Is cryptocurrency a workaround for sanctions against Russia?
War-mongering Russia is finding itself increasingly isolated. Can cryptocurrency help the rogue state soften the blow of sanctions?
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EU says crypto included in sanctions against Russia and Belarus
The European Union (EU) said on Wednesday that crypto assets fall under the scope of “transferable securities” in its sanctions imposed on Russia and Belarus. See related article: Russian banks turn to China’s UnionPay as Visa, Mastercard pull plug Fast facts The EU is extending its sanctions to Belarus for its involvement in Russia’s invasion…
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Binance launches fiat-to-crypto service Bifinity
Binance has launched its own fiat-to-crypto service provider Bifinity to improve on-ramps and encourage more merchants to take crypto payments. See related article: Israel added to Binance’s list of global regulatory trouble spots Fast facts Bifinity offers over 50 cryptocurrencies and supports major payment methods, including Visa and Mastercard. Crypto business aggregator Coinmap has tracked…
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Aid for Ukraine: why a stranded founder turned to DAO and crypto
Stranded away from home, Web 3.0 company Everstake founder Sergey Vasylchuck realized he could still help his war-torn homeland Ukraine by raising funds through a DAO.
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China’s Two Sessions: what to expect for blockchain
Look for progress reports on e-CNY, blockchain technology, new digital infrastructure, and subtle mentions of the international sanctions against Russia.
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Warren Buffett invests $1B in Bitcoin-friendly Nubank
Warren Buffett’s Berkshire Hathaway purchased US$1 billion of Brazilian neobank Nubank Class A stock in Q4 2021 while selling billions of dollars of stock in Mastercard and Visa. Fast facts Buffett’s holding company dumped US$1.3 billion and US$1.8 billion from Mastercard and Visa, respectively, according to a Feb. 14 filing with the U.S. Securities and…
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E-CNY chief says digital dollar poses no threat to China
China does not expect significant impact on its monetary system if the digital dollar were introduced, said Mu Changchun, director-general of the People’s Bank of China Digital Currency Initiative on Wednesday. He spoke at a panel organized by the Atlantic Council think tank to support the release of the International Monetary Fund’s report on central…
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Kazakhstan crypto mining fortunes falter as regime unplugs internet
Top blockchain and crypto news: Bandwidth bust in Kazakhstan. Binance chief CZ tops rich list. Digital yuan app adoption grows.
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Top 5 NFT trends to watch in 2022
NFTs are finding novel uses across many sectors, from fashion to real estate. What industries stand to benefit most from this technology in the year ahead?
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The top 5 ‘Ethereum killers’ of 2021
Ethereum was game-chaging at its 2015 launch, but today it’s showing its age. As Eth2 upgrades slowly unfold, who are the top rivals trying elbow out the #2 blockchain?