Auto Added by WPeMatico

US Sanctions Russian Crypto Broker Suex for Laundering Millions in Illicit Funds

The U.S. Treasury Department has blacklisted Suex, a cryptocurrency broker based in Russia, for its money laundering activities. The platform is suspected of processing hundreds of millions of dollars in…

Continue ReadingUS Sanctions Russian Crypto Broker Suex for Laundering Millions in Illicit Funds

Bank of Russia to ‘Slow Down’ Payments to Crypto Exchanges, Curb Russians’ Impulsive Investments

Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims to limit “emotional” cryptocurrency purchases made by…

Continue ReadingBank of Russia to ‘Slow Down’ Payments to Crypto Exchanges, Curb Russians’ Impulsive Investments

Central Bank of Turkey Expands Research, Prepares to Test Digital Lira on New Platform

The Turkish central bank has established a new platform together with technology stakeholders to further the development of a digitalized version of the national fiat currency. The new collaboration will…

Continue ReadingCentral Bank of Turkey Expands Research, Prepares to Test Digital Lira on New Platform

Bitcoin Will Not Become Legal Tender in Uzbekistan, Central Bank Official Insists

Cryptocurrency cannot be adopted as a means of payment in Uzbekistan, a high-ranking official from the country’s central bank has recently stated. Speaking to local media, the regulator’s representative also…

Continue ReadingBitcoin Will Not Become Legal Tender in Uzbekistan, Central Bank Official Insists

Croatian E-bike Company Greyp Bikes Integrates Cryptocurrency Payments

Greyp Bikes, a company founded by Croatian innovator and entrepreneur Mate Rimac, has integrated crypto payments into its online billing system. All of its high-tech cycling products can now be…

Continue ReadingCroatian E-bike Company Greyp Bikes Integrates Cryptocurrency Payments