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GrePay and Alchemy Pay Partner to Expand Crypto Payments


PRESS RELEASE. Singapore, March 2022 – The fiat-crypto payment solutions provider, Alchemy Pay (ACH), and GrePay, global acquirer and payments provider, announce their partnership. Grepay has over 100 local payment channels that process over 200k transactions per day. Alchemy Pay will...

Binance, FTX Expand To Arab Gulf States With New Licenses


  Major exchanges are intensifying their efforts to gain a foothold in the Arab Gulf States, and the regulators there seem to be more welcoming these days -- specifically, Binance has secured a license to operate as a cryptoasset service provider in Bahrain, while its rival FTX recently received...

US Banking Giants Goldman Sachs and JPMorgan Wind Down Business in Russia


Global investment banks Goldman Sachs and JPMorgan Chase are winding down business in the Russian Federation. The move comes as western sanctions against Moscow over its decision to launch a military invasion of Ukraine continue to expand, supported by leading financial institutions. Goldman Sachs...

Ukraine Now Takes Polkadot, Says It Will Accept Other Coins Soon


Having already raised millions of dollars in major cryptocurrencies like bitcoin, Ukraine is now receiving donations in polkadot as well. The country intends to expand the list of accepted coins as it increasingly relies on help from the crypto community to fund its defense against Russia. Ukraine...

No, Crypto Won't 'Fix This' for Russia


The global community hopes financial penalties against Russian officials might encourage a swift end to its military actions. Cryptocurrency is an unlikely workaround for Vladimir Putin’s government, according to sanctions and blockchain experts

Chinese IT Companies, Banks Expand Range of Offline Digital Yuan Solutions


  Chinese banks and IT firms are continuing to roll out a diverse range of “hard” digital yuan wallets as they lay the ground for the full rollout of the nation’s central bank digital currency (CBDC). As reported, a large range of “hard” wallets – which require no permanent internet connection...

Aleo Raises $200M in Series B to Expand Blockchain Platform


Aleo, a top platform for developing corporate blockchain-based apps, has raised $200 million in a Series B funding led by SoftBank Vision Fund 2 and Kora Management LP, with involvement from Slow Ventures, Tiger Global, Sea Capital, Andreessen Horowitz (a16z), Samsung Next, resulting in a $1.45...

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