In addition to payments to bank accounts and debit cards, select content creators can now elect to have USDC earnings sent to their wallets. On Friday, Twitter and Stripe announced the rollout of crypto payouts for Stripe Connect. As told by the two companies, a select group of creators on Twitter will soon be able…
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Following the latest round of EU restrictions against Russia, digital asset exchange Binance is limiting services to Russian clients. The company pledged to lead the industry in implementing the sanctions and urged all major trading platforms to follow. Crypto Exchange Binance Cuts Services to Russian Accounts in Accordance With EU Penalties Binance, the world’s leading…
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Ukrainians are now allowed to buy Bitcoin only with foreign currency with a monthly cap of $3,300. The National Bank of Ukraine (NBU) continues taking measures to prevent capital outflows amid martial law by enforcing major restrictions on cryptocurrency purchases. The Ukrainian central bank officially announced Thursday a set of restrictions on cross-border operations, prohibiting…
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The U.S. affiliate of the world’s largest crypto exchange says it’s time for its own voice, and major lobbyist Blockchain Association wished them well. Binance.US announced today that it is creating a team in Washington to engage with lawmakers on digital asset policy. Simultaneously, it has withdrawn from the advocacy group Blockchain Association. Both organizations…
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In an attempt to deny Russia opportunities to evade sanctions through cryptocurrencies, the U.S. Department of the Treasury has sanctioned leading Russian mining firm Bitriver. The move comes amid concerns that Moscow may use the minting of digital coins to monetize its energy resources. Zug-Based Bitriver and Its Russian Subsidiaries Blacklisted by United States The…
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OGN booked a 140% rally as increased staking rewards, the launch of a governance token and new NFT launches excite investors. Stablecoin minting and nonfungible tokens (NFTs) have been the latest trending topics in the cryptocurrency market and protocols like Terra (LUNA) have led the discussion on why stablecoins should be backed by assets like…
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Implementing a recently signed presidential decree, the government of Belarus has introduced a procedure allowing the state to seize digital currency holdings. The move will grant law enforcement authorities in Minsk powers to seize crypto assets linked to illegal activities. Justice Ministry Regulates Confiscation of Digital Coins in Belarus The Ministry of Justice of Belarus…
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Elvira Nabiullina is concerned about the Bank of Russia not treating digital asset projects softly enough to attract funding and maintain the economy. Elvira Nabiullina, governor of the Bank of Russia, has admitted that Russia’s central bank might have taken a bit too tough a stance on digital assets and should look to reconsider that.…
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There are a few ways for regulators to limit the usage of noncustodial wallets, but there is no way to ban it completely, SatoshiLabs CFO said. As regulators grow increasingly concerned about investors moving their cryptocurrency out of centralized exchanges, one industry exec has assessed the probability of a potential ban of noncustodial wallets. Stepan…
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On-chain data suggests that the market has “already capitulated” and traders identify a bullish technical analysis pattern with a breakout target near the $41,300 level. Traders’ struggle to build sustainable bullish momentum persisted across the cryptocurrency market on April 20 after prices slid lower during the afternoon trading session and ApeCoin (APE) appaers to be one of…
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