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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…

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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…

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Bitcoin holds $20K, but analysts say BTC open interest leaves room for ‘more deleveraging’

BTC trades in the lower-end of its 76-day range, but analysts say future Fed actions and record-high open interest increase the possibility of future “deleveraging events.”

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Russian Crypto Scammers Go Offline, Open Offices, Central Bank Worried About Trend

An increasing number of financial and crypto pyramids targeting Russian investors have been opening physical offices in the country. The Central Bank of Russia has recently expressed concern over the…

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Report: Ethiopia-Based Crypto Service Providers Told to Register With the Country’s Cybersecurity Agency

Cryptocurrency service providers operating in Ethiopia are now required to register with the country’s cybersecurity agency known as the Information Network Security Administration (INSA), a report has said. According to…

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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…

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Singapore Seeks Detailed Information From Crypto Firms Ahead of New Regulations, Report Unveils

Financial authorities in Singapore are taking steps toward increased oversight in the crypto space with the city-state’s central bank reportedly asking companies to provide additional information about their activities and…

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Wen moon? Probably not soon: Why Bitcoin traders should make friends with the trend

Recurring bear flags and the Fed’s telegraphed monetary policy are painting a roadmap for BTC’s future price action.

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