Crypto adoption appears to be on the rise in Russia – where lawmakers have suggested the idea of fostering domestic crypto exchanges as an alternative to using international platforms. Per the Russian Parliamentary Gazette, Aleksander Yakubovsky, an MP and part of the crypto working group that is seeking to create a framework of regulations…
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The central People’s Bank of China (PBoC) has added new functionality to its pilot digital yuan app – but it appears that some citizens are already trying to commit crimes using the new token, and have attempted to use it to launder money. Per IT Home, the PBoC’s app, which debuted in 11 cities…
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El Salvador may launch its sovereign bitcoin (BTC) bonds as early as tomorrow – but the war in Ukraine may cause disruption to the plans of the President Nayib Bukele-led government. The 10-year bonds, the government said it hopes, will be worth some USD 1bn, will be backed by taxpayer funds, and will provide…
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South Korean media expect the nation’s President-Elect to up the crypto tax limit to impose uniformity with stock market traders – and venture into the unknown with pro-crypto policies. However, this is likely to result in more regulation rather than a laissez-faire approach…. Read More: South Korea’s Next President Might Create Parity for Crypto…
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Payments giant Stripe has launched support for cryptoassets and non-fungible tokens (NFTs), while crypto exchange FTX and its US arm also signed with Stripe for payments and know-your-customer (KYC) services. Stripe co-founder John Collison announced that: “Stripe now supports crypto businesses: exchanges, on-ramps, wallets, and NFT marketplaces. Not just pay-ins but payouts, KYC and…
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The e-commerce heavyweight eBay has claimed that it is exploring the option of adding “new forms of payment” and will launch a digital wallet in the second quarter of the financial year – but has stopped short of announcing any crypto pay-related developments. Meanwhile, the company also made note of coming “fractionalization”, which may…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Okcoin’s USD 165M Bitcoin Plan, Binance’s Targets, Crypto Lobbying + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Investment banking giant Goldman Sachs is reportedly stepping up its work on crypto by exploring whether it should offer over-the-counter (OTC) crypto options. The news came as the firm said it is leaving Russia, becoming the first major Wall Street bank to do so after the war in Ukraine started…. Read More: Goldman Sachs…
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Three Ukrainian news outlets have partnered with Vault, a non-fungible token (NFT) platform, to offer exclusive content from within the country but behind an NFT paywall, requiring those interested to buy an “NFT key” in order to gain access. The three outlets are Ukrainska Pravda, Novoye Vremya, and NGO broadcaster Hromadske, which have seen…
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On the six-month anniversary of El Salvador’s adoption of bitcoin (BTC) as legal tender, President Nayib Bukele stated that he will unveil 10 new BTC-specific legal reforms next week – with over 40 more to come. The reforms are likely to center on ways the state can issue bitcoin bonds – which Bukele and…
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