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Bank of Russia Predicts Digital Ruble Won’t End Other Payment Methods


The Central Bank of Russia does not expect the introduction of the digital ruble to end the popularity of other non-cash and cash payment options. According to statements offered by Alla Bakina, director of the bank’s national payment system department, other non-cash payment options have...

Binance Resumes Euro Transfers Through New Fiat Partners


Cryptocurrency exchange Binance is restoring fiat services for customers using the common European currency, the euro (EUR). The coin trading giant announced that users are already migrating to the new platforms it partnered with in the wake of losing the services of Paysafe. Crypto Exchange...

Deribit To List Options For SOL, MATIC and XRP; Set for European Expansion


The largest cryptocurrency options exchange, Deribit has announced plans to expand its options offering to three additional altcoin coins. Per the announcement on X (formerly Twitter), the platform noted that the options trade will be added for Solana (SOL), Polygon (MATIC), and Ripple (XRP). ...

Chatgpt Maker Openai Mulling Own AI Chips, Report Unveils


Openai, the developer of Chatgpt, is considering ways to overcome the shortage of chips needed to power its artificial intelligence (AI) product. One of the options that’s being discussed in the company, according to a recent media report, is to build its own powerful processor. Openai Reportedly...

$400 Million Bitcoin Options Expiry: Will It Impact the Recent Rally?


As crypto markets remain relatively stagnant, attention is turning to the impact of a significant Bitcoin (BTC) options expiry event set to occur on October 6. Approximately 14,000 Bitcoin options contracts, with a total notional value of around $400 million, are set to expire that day, though...

Legal Experts Weigh In: Sam Bankman-Fried's Limited Defense Options Revealed


With former FTX boss Sam Bankman Fried's (SBF)’s first day in court fast approaching, experts say his paths to acquittal are looking quite scant.  On one hand, government prosecutors have already secured cooperation and plea deals from major figures closely tied to the founder’s alleged fraud...

Bank of Russia Governor Elvira Nabiullina: ‘Cash Is Not Going Away’


Elvira Nabiullina, Governor of the Bank of Russia, talked about the future of cash in the context of the digital ruble pilot currently being executed in the country. Nabiullina explained that physical money was not disappearing and that the future implementation of the digital ruble was directed...

Paypal Offers More Crypto Payment Options for Web3 Merchants in US


Payment processor Paypal announced it’s introducing on- and off-ramps to facilitate crypto payments for Web3 platforms. Once integrated, merchants in the sector will be able to employ them to expand their user base by connecting to Paypal’s payments system. Paypal Launches On-...

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