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Nalezeno "Western": 229

Russia Can’t Do Without Cross-Border Crypto Payments, Consensus Reached


Key government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining support in the past few months since Moscow’s decision to invade Ukraine was met with wave after wave of Western sanctions. Financial Authorities...

Sanctioned Russian Bank Tests In-app Operations With Digital Rubles


A Russian bank, one of the country’s largest by assets, has conducted a successful trial with digital ruble transactions processed through its mobile app. The state-owned Promsvyazbank was one the institutions placed under Western sanctions earlier this year in connection with...

Lithuanian Government Approves Stricter Crypto Regulations


The government in Vilnius has approved amendments introducing more stringent regulations for the country’s growing crypto space. The legislation is aimed at managing risks associated with crypto assets and preventing Russian attempts to circumvent Western sanctions imposed over the war...

Bank of Russia Steps Up Efforts to Issue Digital Ruble Due to Sanctions


The Central Bank of Russia (CBR) has accelerated the development of its digital ruble in response to Western sanctions. The monetary authority now intends to pilot transactions with the new version of the national fiat in early 2023 instead of 2024, as originally planned. CBR to Launch...

Square Enix to Reinforce Blockchain Bet, According to Latest Earnings Report


Square Enix has announced its new mid-term business plan, reinforcing its blockchain pivot according to the documents presented. The company will continue to invest in key companies in the blockchain arena, including Animoca Brands and The Sandbox, and will also consider other investments in...

Square Enix Will Hold On To A Few Western-Made Franchises


Yesterday, Square Enix announced that it was selling its Western studios, like Crystal Dynamics—and much of the intellectual property (IP) connected to those studios, like the Tomb Raider franchise—to Swedish holding company Embracer Group for $300 million. But while this move seems to signal...

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