Auto Added by WPeMatico

Crypto Exchanges Binance and Kuna Suspend Card Transactions in Ukrainian Hryvnia

Major cryptocurrency exchanges operating in Ukraine have temporarily suspended operations with hryvnia bank cards. The measure stems from restrictions imposed by the country’s central bank, Binance and Kuna indicated in…

Continue ReadingCrypto Exchanges Binance and Kuna Suspend Card Transactions in Ukrainian Hryvnia

Ukraine’s New Fiat Restrictions to Boost Popularity of Crypto, Industry Says

The central bank of Ukraine has adjusted the fixed exchange rate of the national currency in U.S. dollars and introduced stricter limits on hryvnia transactions for citizens. The measures are…

Continue ReadingUkraine’s New Fiat Restrictions to Boost Popularity of Crypto, Industry Says

Russia May Accept Bitcoin for Gas Exports, Lawmaker Says

Russia is moving away from the dollar and the euro as payment options for its energy exports, and bitcoin has been mentioned as a possible substitute alongside the ruble and…

Continue ReadingRussia May Accept Bitcoin for Gas Exports, Lawmaker Says

Central Bank of Ukraine Supports Crypto Industry, Fears Cryptocurrency

The National Bank of Ukraine recognizes the benefits of endorsing crypto innovations but also fears cryptocurrencies could gain ground on the national fiat. Announcing its monetary policy guidelines for the…

Continue ReadingCentral Bank of Ukraine Supports Crypto Industry, Fears Cryptocurrency

61% of US Adults Do Not Oppose Bitcoin as Legal Tender, Survey Shows

Following El Salvador making bitcoin legal tender, a survey was conducted to ascertain whether U.S. adults support or oppose a similar move in the U.S. Among 4,912 adults who participated,…

Continue Reading61% of US Adults Do Not Oppose Bitcoin as Legal Tender, Survey Shows

IMF: Bitcoin Is Privately Issued Crypto With Substantial Risks, Inadvisable as Legal Tender

The International Monetary Fund (IMF) says that crypto assets, like bitcoin, are privately issued with substantial risks, and “Making them equivalent to a national currency is an inadvisable shortcut.” The…

Continue ReadingIMF: Bitcoin Is Privately Issued Crypto With Substantial Risks, Inadvisable as Legal Tender