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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Russia Developing Payment Gateways With Partners Like Turkey, Mulling Crypto Settlements

Russia Developing Payment Gateways With Partners Like Turkey, Mulling Crypto SettlementsBank of Russia is building a system of gateways with foreign payment networks and is now working with Turkey in this field. Russia’s monetary authority would also allow the experimental use of cryptocurrencies in foreign economic activities, its head was quoted as saying. Russia’s Central Bank ‘Actively Working’ With Turkey on New Payment Gateways The […]

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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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Crypto’s Barren Wasteland: A Look at What’s Left of Terra’s Defi and Token Ruins

Crypto's Barren Wasteland: A Look at What's Left of Terra's Defi and Token RuinsFollowing the Terra blockchain fallout and the great UST de-pegging event, the Terra network ecosystem is now a wasteland of almost worthless tokens and protocols. While both UST and LUNA were top ten crypto market cap contenders, Terra’s decentralized finance (defi) presence was second to Ethereum in terms of total value locked. Today, the remaining […]

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Thailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat Sanctions

Thailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat SanctionsA popular destination for many Russians, Thailand is now looking for ways to facilitate their payments amid widening western sanctions over Moscow’s military invasion of Ukraine. Cryptocurrency is one of the options being explored by the tourism industry as Russian citizens now face financial restrictions. Authorities in Thailand Consider Accepting Cryptocurrency From Russian Visitors Talks […]

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Visa and Mastercard Suspend Operations in Russia as Part of Sanctions Over Ukraine

Visa and Mastercard Suspend Operations in Russia as Part of Sanctions Over UkraineThe world’s leading payment processors Visa and Mastercard have joined sanctions against Russia over its military invasion of Ukraine. The American companies announced suspension of operations in the Russian Federation although Russians will be able to use their cards inside the country. Card Payment Giants Visa and Mastercard Add to Pressure on Russia Over Ukraine […]

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