Binance Reportedly Removes Restrictions on Russian Users

Binance Reportedly Removes Restrictions on Russian UsersThe world’s largest crypto exchange, Binance, has lifted certain restrictions on Russian users, local crypto media unveiled. According to multiple reports, Russians can once again use their bank cards to make deposits and the trading platform has canceled a limit on their balances which was introduced in compliance with European sanctions. Russian Cards, Including Visa […]

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Erdogan Suggests Turkish-Russian Payment System, Local Media Reports

Erdogan Suggests Turkish-Russian Payment System, Local Media ReportsTurkish President Recep Tayyip Erdogan is reportedly pushing for Turkey and Russia to establish a new payment system between them. The initiative comes amid U.S. pressure against the use of the Russian Mir cards in Turkey. Some Turkish banks have been working with them to facilitate payments by Russian tourists visiting the country. President Erdogan […]

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Ukrainian Police Bust Crypto Call Centers Defrauding Investors Across Europe

Ukrainian Police Bust Crypto Call Centers Defrauding Investors Across EuropeUkrainian investigators have exposed a scheme targeting residents of the country and the European Union with various financial scams, including some related to cryptocurrencies. The criminal organization members contacted their victims through call centers to collect personal financial information. Fake Ukrainian Call Centers Promise Foreigners Excess Profits From Crypto Trading Officers from the Main Investigative […]

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Credit Cards Should Not Be Used for Crypto Transactions, Taiwan’s Financial Watchdog Says

Credit Cards Should Not Be Used for Crypto Transactions, Taiwan’s Financial Watchdog SaysThe financial regulator of Taiwan has asked local banks not to allow the use of cards for payments in transactions involving cryptocurrencies, local media revealed. The authority says these assets are risky while associated cash flows are hard to monitor. Taiwanese Regulator Urges Banks Not to Allow Crypto-Related Payments With Bank Cards Taiwan’s Financial Supervisory […]

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Binance Suspends Transactions With Russian Mastercard and Visa Cards

Binance Suspends Transactions With Russian Mastercard and Visa CardsCrypto exchange Binance has blocked transactions with Mastercard and Visa cards issued in the Russian Federation. The trading platform announced the move after the American payment giants decided to halt operations in Russia over its military invasion of Ukraine. Russians Unable to Use Their Mastercard and Visa Cards on Binance Starting on Wednesday, March 9, […]

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15 Million Debit Cards Exposed as Iranian Banks Fall Victim to Cyber Warfare

15 Million Debit Cards Exposed as Iranian Banks Fall Victim to Cyber WarfareThe private details of 15 million bank debit cards in Iran have been published on Telegram in the largest banking security incident in the country’s history. Iranian authorities so far try to blame the breach on common criminals but cyber security experts suspect it was the work of intelligence agencies from the U.S. or Israel. […]

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Market Rebound Boosts Adoption of Cryptocurrencies for Payments

Market Rebound Boosts Adoption of Cryptocurrencies for Payments, Study FindsThe use of digital assets to make payments is growing, according to a recently published study. It reveals that cryptocurrency’s role as a viable means of payment has been expanding and this year’s market rebound has increased the turnover of crypto payments. The report suggests that debit cards linked to digital currency wallets will remain […]

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In the Daily: Huobi AML Measures, New OTC Desk, Bank Card Deposits

In the Daily: Huobi AML Measures, New OTC Desk, Bank Card DepositsIn The Daily this Monday, we feature several developments cryptocurrency traders may want to know more about. The Korean subsidiary of global digital asset exchange Huobi is enhancing its anti-money laundering measures and a new over-the-counter trading desk will offer services to crypto investors. Also, Liquid and Simplex are now working together to provide customers […]

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The Daily: Zebpay Launches in 5 European Markets, Coinpulse Enters ‘Indefinite Maintenance’

The Daily: Zebpay Launches in 5 European Markets, Coinpulse Enters ‘Indefinite Maintenance’Saturday’s edition of The Daily covers developments of interest to crypto traders. Once one of the largest exchanges in India, Zebpay is now increasingly focusing on Europe. The platform has expanded its services to residents of five more countries in the region. Also, troubled crypto trading platform Coinpulse has announced “indefinite maintenance,” asking customers to […]

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