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Russian Banks to ‘Start Handling Digital Ruble by 2024’


A Russian central bank digital currency (CBDC) could be around the corner, with commercial banks in the country now being told by the central bank to prepare to handle a digital ruble within the next two years. According to a document dated August 11 and issued by the Bank of Russia –...

Biggest Movers: MATIC, SOL Move Towards 4-Month Highs on Saturday


Polygon rallied to its highest point in nearly four months on Saturday, as the token climbed to the $1.00 mark to start the weekend. Solana was also trading at a multi-month high, as it rose by over 10% earlier in today’s session. As of writing, the global crypto market cap is trading nearly...

Bitcoin, Ethereum Technical Analysis: ETH Hits 2-Month High Above $1,800


Ethereum surged to a two-month high on Monday, as crypto prices have mostly moved higher following Friday’s nonfarm payrolls report. Bitcoin rose to a one-week high, as the token climbed above $24,000 to start the week. Overall, the global market cap is trading 4.11% higher as of writing....

Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade Levies


South Korea’s tax administration has pledged to take strict measures against tax evasion through virtual assets and platforms. While the Korean government is yet to start taxing capital gains resulting from crypto investment and trading, authorities in Seoul claim cryptocurrencies have been...

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