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US Court Sentences Russian Crypto Ransom Launderer to Probation and Fine
24.4.2023
A Russian crypto entrepreneur, charged with laundering money from ransomware attacks, has been sentenced to probation and fined in the U.S. after pleading guilty. Founder of two coin trading platforms, Denis Dubnikov, was arrested in the Netherlands and extradited to the U.S. last year. Oregon...
Chinese city public servants to receive digital RMB salaries from May
23.4.2023
Civil servants including public service personnel, public institution personnel and personnel of state-owned units at all levels in the city will be compensated in digital RMB payment
Russia to Work With Digital Currencies of Other Nations
23.4.2023
The platform developed for the digital ruble will be able to operate with different state-issued digital currencies, the Bank of Russia said. Mechanisms for interaction with digital coins minted by the central banks of other countries are already under development, the monetary authority unveiled....
China and Singapore team up to scale green and transition financing
23.4.2023
China and Singapore will collaborate “on concrete initiatives that will catalyze capital flows to support a credible and inclusive transition to a low carbon future for our countries and the region.”
Lack of regulatory clarity on payment solutions could undermine US sanctions, says expert
21.4.2023
Anja Manuel said U.S. sanctions generally work with “responsible” blockchain firms but not when there are fintech solutions available to individuals looking to circumvent them
Bitcoin Lightning Network is 1,000x cheaper than Visa and MasterCard: Data
21.4.2023
Glassnode data demonstrates that the Lightning Network outcompetes traditional payment networks in terms of commission costs
Ethereum Name Service adds fiat payments for ENS domain registrations
20.4.2023
Ethereum Name Service has integrated fiat payment options for new decentralized domain registrations in a new partnership with MoonPay
Fireblocks VP: Big names won’t go back after discovering crypto payments’ potential
20.4.2023
Ran Goldi, the vice president of payments at Fireblocks, believes that affordability and speed will keep big brands that have implemented crypto payments in the last two years
Crypto financial services provider Januar receives full Danish payments license
19.4.2023
The Danish startup founded by former Chainalysis staff helps crypto companies find banking services by connecting them to IBAN infrastructure
Russia Developing Payment Gateways With Partners Like Turkey, Mulling Crypto Settlements
19.4.2023
Bank of Russia is building a system of gateways with foreign payment networks and is now working with Turkey in this field. Russia’s monetary authority would also allow the experimental use of cryptocurrencies in foreign economic activities, its head was quoted as saying. Russia’s Central Bank...
Georgian vendors get crypto payments option with new partnership
19.4.2023
Georgian merchants accept crypto payments through a partnership between Gate Pay and CityPay.io, connecting users to the benefits of crypto services
Payments Firm Nuvei’s Ties With FTX Questioned in Spruce Point Capital Report
18.4.2023
Nuvei (NVEI) shares could face as much as 50% long-term downside in part thanks to its connection with fallen crypto exchange FTX, said Spruce Point Capital Management in a report released on Tuesday morning
TBD and Yellow Card to Enable Fiat On and Off-Ramp Payments in 16 African Countries via BTC
18.4.2023
TBD and the Africa-focused cryptocurrency exchange platform Yellow Card recently partnered to launch a fiat on and off-ramp that enables payments in some 16 African countries through Bitcoin rails. The objective of this arrangement is to make cross-border payments not only more affordable...
Israel’s central bank says CBDC could be issued if stablecoin use increases
18.4.2023
The Bank of Israel does not want private companies taking over the digital payments system in the country
MicroStrategy’s Saylor fuses work email address with Bitcoin Lightning
18.4.2023
Fans of the Bitcoin bull have been transferring him 21 Satoshis as a way to test out the feature
Bank of England preparing for greater role of tokenization in finance, official says
17.4.2023
BoE deputy governor Sir Jon Cunliffe looked at stablecoin, CBDC and other forms of tokenization taking hold in the modern economy in a speech on financial innovation
BoE Considers Limits on Stablecoin Payments as Parliament Debates New Crypto Rules
17.4.2023
The Bank of England plans on releasing a consultation proposal by the end of the year, Jon Cunliffe said at Innovate Finance’s annual global summit
Peer-to-peer crypto exchanges struggle to navigate shifting legal landscape
17.4.2023
Two major P2P platforms announced their closure in the first quarter of 2023. Many blame it on growing regulatory scrutiny, but experts call for better alternatives
The need for real, viable data in AI
17.4.2023
While still in its infancy, blockchain is particularly promising in validating data. Verifying data through blockchain networks can ensure that AI is computing accurate data to produce accurate products and results
Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils
16.4.2023
Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that co-founder Do Kwon was aware of the imminent...