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Bank of Russia Eases Restrictions on Purchases of Dollar and Euro Cash


The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country as currency restrictions have been a driver of increased demand for digital coins. Monetary...

US Crypto ATM Provider Bitcoin Depot to Go Public as Part of Merger Deal


Major US crypto ATM provider Bitcoin Depot has signed a deal with GSR II Meteora Acquisition Corp, paving the way for the two companies’ merger and listing on the NASDAQ exchange. Per the press release,... Read More: US Crypto ATM Provider Bitcoin Depot to Go Public as Part of Merger Deal

China Introduces Digital Yuan Payments in Ningbo Subway, Guangzhou Buses


Authorities in two Chinese cities are promoting the digital yuan as a payment method in the public transportation system. Commuters on the subway of Ningbo and those taking the bus in Guangzhou will be able to purchase their tickets using the state-issued digital currency. Residents and Visitors...

9,404 Crypto Mining Devices Seized by Iranian Authorities Since March


Iranian authorities have seized nearly 10,000 illegal cryptocurrency mining devices since March. According to reports, many of the seized crypto mining rigs were operating in public locations that receive free or heavily-subsidized electricity, such as schools and mosques. Iran Confiscates Nearly...

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