Tether fortifies its reserves: Will it silence critics, mollify investors?
USDT is under attack from short sellers. Would they go away if only the company hired a Big Four accounting firm to audit its balance sheet?
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Crypto Payments Are Acceptable in Foreign Trade, Russia’s Financial Watchdog Says
Russian financial watchdog Rosfinmonitoring is ready to accept the use of cryptocurrencies in international settlements, the head of the agency, Yuri Chikhanchin, has indicated. The statement adds to growing support…
VC Roundup: ‘Web5,’ Metaverse sports and Bitcoin monetization startups generate buzz
PolySign, Mash, Floor, Euler, Trinsic, KYVE and Atmos Labs headline the latest funding deals from the world of blockchain and cryptocurrency.
Russia’s Finance Ministry Supports Circulation of Stablecoins in Country
The Russian Ministry of Finance is ready to back the legalization of transactions with stablecoins in Russia, according to a high-ranking representative. While the ministry recognizes that cryptocurrencies could lay…
5 events that could put an end to the current crypto bear market
Crypto bear markets are rough, but there are five moonshot events that could turn the ship around.
EU-regulated firm Banking Circle adopts USDC stablecoin
Banking Circle was launched in 2016 with a mission to help payments businesses reach new global markets, avoiding the burdens of traditional banking.
Russian State Duma Adopts Law Banning Payments With Digital Financial Assets
The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject…
High-ranking crime fighter to join UK’s FCA as payments and digital assets director
The Financial Conduct Authority is introducing the post of digital assets director as part of a hiring spree that goes along with its new, more assertive strategy.
Mastercard Report: 51% of Survey Respondents Have Completed a Cryptocurrency Transaction in Latam
A new report issued by Mastercard, the payment processing giant, has found that most consumers in Latam have knowledge of what cryptocurrency is. The report states that more than half…
Reports Claim Russia Defaulted on Foreign Debt for the First Time in a Century, Kremlin Disagrees and Says It Paid
According to reports, the Russian Federation has defaulted on its foreign debt for the first time since 1918. Bondholders told the press that they had not received payments from the…
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