Deutsche Bank to Exit Russia, Says There Will Be No New Business There

Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine erupted. Amid Ongoing War in Ukraine, Deutsche Bank Pulls Out of Russia Deutsche Bank, … Read more

Crypto Mining Made Easy for Everyone

Crypto mining has been developed as a way to mine cryptocurrency by using rented cloud computing power without having the need to install or directly run any related software or hardware. People can remotely participate in cryptocurrency mining by opening an account and paying a minimal cost. Thus, cloud mining firms have made mining more … Read more

US Banking Giants Goldman Sachs and JPMorgan Wind Down Business in Russia

Global investment banks Goldman Sachs and JPMorgan Chase are winding down business in the Russian Federation. The move comes as western sanctions against Moscow over its decision to launch a military invasion of Ukraine continue to expand, supported by leading financial institutions. Goldman Sachs and JPMorgan Scale Down Russian Operations Goldman Sachs Group and JPMorgan … Read more

UK Watchdog Asks Crypto ATM Providers to Stop Operating or ‘Face Enforcement Action’

U.K. watchdog, the Financial Conduct Authority (FCA), has told firms running crypto ATMs in the country that they are operating illegally and must therefore shut down their machines. Operators that fail to heed the warning will face enforcement action, the FCA said. Crypto ATM Providers Operating Illegally The U.K. financial sector watchdog, the Financial Conduct … Read more

You have not selected any currencies to display