Ukraine bans Bitcoin purchases with local currency amid martial law
Ukrainians are now allowed to buy Bitcoin only with foreign currency with a monthly cap of $3,300.
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Binance Limits Services to Russian Users to Comply With EU Sanctions
Following the latest round of EU restrictions against Russia, digital asset exchange Binance is limiting services to Russian clients. The company pledged to lead the industry in implementing the sanctions…
Nifty News: Grow-to-earn with Snoop — and is Dorsey’s tweet priceless or worthless?
The first tweet ever sent on Twitter was turned into an NFT and sold by founder Jack Dorsey for $2.9 million, but is pulling about one percent of that in…
Study: Switzerland Has ‘the Most Profitable Bitcoin Traders’ Worldwide, While France ‘Is the Best Bitcoin Trading Nation’
According to a recent study published by the online investing news and education platform Invezz, Switzerland currently has the most profitable bitcoin traders worldwide. That’s according to data stemming from…
Sanctioned Russia, Iran May Turn to Crypto Mining to Monetize Energy, IMF Says
Nations like Russia and Iran may utilize cryptocurrency mining to monetize their energy resources and circumvent sanctions, the International Monetary Fund predicts in a report. Repercussions of the war in…
Ukrainian crypto and blockchain firms survive despite ongoing conflict
Executives at nonfungible token service provider Finch are planning to open an office in Miami, while many employees of blockchain firm NEAR have gathered in Lisbon.
Republic of Ireland to Prohibit Political Cryptocurrency Donations
The government of Ireland is preparing to ban political parties from accepting campaign donations in cryptocurrency. The move aims to block the perceived threat of Russian interference in the European…
Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing
The Central Bank of Russia has emphasized the importance of moving forward with its digital ruble project. According to a statement by a top representative, the monetary authority has no…
Bill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments
Russia’s recently revised bill “On Digital Currency” limits crypto purchases for non-qualified investors while providing legal ground for some cryptocurrency payments, according to local media. The draft law, proposed by…
Beanstalk Farms Lost $180M in Flash Loan Attack, Hacker Donates 250K USDC to Ukraine
Beanstalk Farms, an Ethereum-based stablecoin protocol, was exploited during the weekend, with the total losses skyrocketing to over $180 million. As a result, the native cryptocurrency (BEAN) plummeted by more…
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