Crypto Exchange Bitzlato Restores Access to User Funds

Crypto Exchange Bitzlato Restores Access to User FundsRussia-linked cryptocurrency exchange Bitzlato has begun processing withdrawals of digital assets belonging to its customers. The trading platform was shut down in an operation carried out by law enforcement agencies in the U.S. and Europe alleging that it had been used to launder dirty money. Bitzlato Allows Withdrawals After Staying Offline for Weeks Users who […]

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Bank of Russia to Start Testing Digital Ruble With Real Users on April 1

Bank of Russia to Start Testing Digital Ruble With Real Users on April 1The Central Bank of Russia plans to launch test operations with digital ruble transactions between real customers at the beginning of April. More than a dozen banks will join the upcoming stage of the pilot project, a high-ranking representative of the bank announced to Russian media. Russia’s Monetary Authority to Trial Actual Settlements With Digital […]

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Hungarians Interested in Investment Potential of Cryptocurrencies, Poll Shows

Hungarians Interested in Investment Potential of Cryptocurrencies, Poll ShowsA survey has indicated that Hungarians would like to learn more about the long-term investment opportunities presented by cryptocurrencies. However, associated risks and insufficient information in their native language are major concerns, according to the polled. Hungarians Want to Know How Crypto Profits Are Taxed and What Rules Apply to Such Investments With increased global […]

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ECB to Decide Whether to Issue Digital Euro in 2023

ECB to Decide Whether to Issue Digital Euro in 2023The European Central Bank (ECB) has published a new report on the progress of its investigation into the possible launch of a digital euro. The research will continue next year with the regulator planning to make a decision whether to proceed to the realization of the project in the fall of 2023. ECB to Develop […]

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Russian Social Media Giant Vkontakte Launches NFT Service

Russian Social Media Giant Vkontakte Launches NFT ServiceRussia’s largest social network, Vkontakte, has launched a feature allowing users to upload digital collectibles to the platform. Account holders will also be able to buy and sell them in the future as the company intends to establish a marketplace for non-fungible tokens. Vkontakte Users to Showcase Their NFTs, Set Them as Avatars The leading […]

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Crypto Exchange Bybit to Add New Restrictions for Unverified Users, Update Withdrawal Limits

Crypto Exchange Bybit to Add New Restrictions for Unverified Users, Update Withdrawal LimitsCryptocurrency exchange Bybit has announced upcoming changes to its know-your-customer (KYC) policy that will limit certain operations for unverified customers. The stricter requirements concern coin purchases with fiat money, NFT transactions, and withdrawal limits. Bybit to Limit Services for Traders Who Have Not Passed Identity Verification Crypto exchange Bybit will restrict some services that are […]

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Research Shows Centralized Exchanges Saw the Most Visits This Year From Americans, Koreans, Russians

Americans, Koreans, Russians With Most Visits to Centralized Exchanges, Research ShowsResidents of the United States, South Korea and the Russian Federation have been the most frequent users of centralized exchanges this year, according to a new study. The finding comes after the spectacular crash of FTX, one of the largest such platforms, amid tightening regulations and fewer new users. U.S. Leads by Number of CEX […]

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Russia’s Sber Bank Aims for Blockchain Integration With Ethereum and Metamask

Russia’s Sber Bank Aims for Blockchain Integration With Ethereum and MetamaskBanking giant Sber wants to integrate its blockchain platform with the Ethereum blockchain and the Metamask wallet. The Russian bank believes the integration will give developers more options and create new opportunities for users when in operations with tokens and smart contracts. Sber Bank to Provide Ethereum and Metamask Support on Proprietary Blockchain The blockchain […]

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