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Venezuelan Currency Plunges Almost 40% Against the US Dollar, Analysts Cite Crypto Drought as Part of the Problem

27.11.2022
The Venezuelan fiat currency, the bolivar, has lost almost 40% in its exchange rate against the U.S. dollar in a month. According to reports, the seasonal payments that the government has to make, and the lack of liquidity of the government to intervene in the currency market are part of...

Putin Calls for International Settlements Based on Blockchain and Digital Currencies

27.11.2022
Russian President Vladimir Putin believes a new system for international money transfers is needed to reduce dependence on big banks and third parties. He is convinced that cross-border payments relying on digital currency and distributed ledger technology will be “much more convenient.” Russia’s...

UK Bank Starling Blocks Payments to Crypto Platforms — Claims Crypto Is High Risk, Heavily Used for Criminal Purposes

26.11.2022
Starling Bank has informed its customers that the bank no longer supports fund transfers to cryptocurrency platforms, including crypto exchanges. The bank stated that cryptocurrencies “are high risk and heavily used for criminal purposes and, as such, we no longer support them.”...

UK bank Starling bans crypto-related purchases and deposits citing high risk

24.11.2022
Starling has banned its customers from purchasing cryptocurrencies with their bank cards or receiving transfers from crypto merchants

Blockchain-based infrastructure forges the future for carbon markets, crypto and commodities

23.11.2022
Rising from the ashes of old crypto exchanges, a new paradigm arises

House on a hill: Top countries to buy real estate with crypto

22.11.2022
More countries are beginning to allow real estate purchases using crypto, here are some of the top destinations

Ripple Partners With Africa-Focused Remittances and Payments Firm MSF Africa

18.11.2022
Ripple, the United States-based tech firm, has said its crypto solution known as “on-demand liquidity” is set to help MSF Africa “streamline real-time mobile payments for customers in 35 countries.” The evolution of Ripple’s partnership with MSF Africa, which has...

Russia and Cuba Eye Cryptocurrencies for Settlements Amid Sanctions

17.11.2022
Both facing sanctions, Russia and Cuba are looking into alternative options for cross-border payments, including cryptocurrencies, a Kremlin advisor has unveiled in Havana. Moscow is already developing a mechanism for crypto settlements to circumvent financial restrictions imposed over its invasion...

News Summary: Liquid Suspends Withdrawals, Coinbase Submits Amicus Brief to Support Ripple, Ark Invest Buys 315,259 Shares of GBTC

15.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: News Summary: Liquid Suspends Withdrawals, Coinbase Submits Amicus Brief to Support Ripple, Ark Invest Buys 315,259 Shares...

Visa Terminates Agreements With Bankrupt Crypto Exchange FTX

15.11.2022
Visa has reportedly terminated its global agreements with collapsed cryptocurrency exchange FTX and its U.S. arm, FTX US. The payments giant added that FTX’s “U.S. debit card program is being wound down by their issuer.” Visa Ends Agreements With FTX Visa Inc., the world’s...

Payments company Curve bids for BlockFi's 87,000 credit card customers

14.11.2022
A Curve spokesperson has confirmed they have been in negotiations to acquire BlockFi's credit card program's customers since Nov. 12

Bank of Russia Sets Out to Regulate Digital Asset Taxation, Exchange, Still Opposed to Crypto

13.11.2022
The Central Bank of Russia supports the development of digital financial assets but remains opposed to legalizing crypto payments, its top management has reiterated. The monetary authority is now working on a set of regulatory proposals that will be submitted to parliament by the end of the year....

FTX Collapse: Africa-Focused Payments Firm AZA Finance Slams ‘Erroneous Inclusion’ in FTX Bankruptcy Filing

13.11.2022
The founder and CEO of an Africa-focused payments firm, Elizabeth Rossiello, claimed on Nov. 11 that the beleaguered crypto exchange FTX had incorrectly included AZ Finance in its chapter 11 bankruptcy protection filing. The CEO insisted that her firm does not hold customer funds and is presently...

Latam Based Crypto Exchange Bitso Launches QR Payment Service for Tourists in Argentina

12.11.2022
Bitso, one of the largest cryptocurrency exchanges in Latam, has launched a QR payments program geared towards travelers in Argentina. The service proposal seeks to ease the way in which travelers and tourists make payments in the country, using Bitso’s interoperable QR payment technology...

Russian IT Firms Lobby for Crypto Payments in Software Exports

11.11.2022
Companies developing software solutions for foreign customers are urging Russian authorities to allow them to accept crypto payments. The proposal is part of a package of measures aimed at supporting IT exports suggested by an industry organization to the executive power in Moscow. IT Businesses...

Twitter Files for Payment Business — Elon Musk Says Platform Could Offer Debit Cards, Money Market Accounts

11.11.2022
Twitter has filed paperwork with the U.S. Financial Crimes Enforcement Network (FinCEN) to start a payment business. Tesla CEO and Twitter chief Elon Musk explained the social media platform could offer “an extremely compelling money market account” in addition to “debit cards...

Crypto News Summary: FTX to Conduct Fundraiser Next Week, Justin Sun Working on ‘Solution’ for FTX Users, Tron DAO to Buy $1BN Worth of USDT

10.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Crypto News Summary: FTX to Conduct Fundraiser Next Week, Justin Sun Working on ‘Solution’ for FTX Users, Tron DAO to...