Crypto Exchanges Must Comply With Russia Sanctions, Singapore Central Bank Says

The Monetary Authority of Singapore (MAS) has reiterated that cryptocurrency exchanges need to conform to restrictions on Russian users imposed over Moscow’s invasion of Ukraine. The reminder comes after researchers established that pro-Russia activists have raised millions of dollars in digital assets to support its war effort. Singapore Says Measures Targeting Russia Apply to All … Read more

Trading Volume for Bitcoin and Ethereum Rises Significantly While Prices Remain Flat

Cryptocurrency markets continue to trade sideways this week as Bitcoin and Ethereum manage to hold support. Like yesterday, Bitcoin and Ethereum remain in the $20k and $1,500 range despite increasing trading volume over the past 24 hours. Let’s look at relevant crypto news affecting prices today. Key Points: Bitcoin and Ethereum remain above support while … Read more

South Africa Retailer Pick n Pay Now Accepts Payment in Bitcoin at 39 Outlets

Pick n Pay, the South African retailer, has revealed that some of its grocery stores are now accepting bitcoin payments. To ensure payments are affordable, Pick n Pay reportedly uses the Bitcoin Lightning Network which is said to be suitable for “high volume, low-value transactions.” 2017 Trial Served as Proof of Concept The South African … Read more