National Bank of Ukraine Temporarily Bans Cross-Border Crypto Purchases With Hryvnia

National Bank of Ukraine Temporarily Bans Cross-Border Crypto Purchases With HryvniaThe central bank of Ukraine has introduced additional restrictions on international transactions that will prevent Ukrainians from buying crypto assets abroad with the national fiat. The measures are intended to reduce capital outflow amid an ongoing military conflict with Russia. Ukraine Citizens Not Allowed to Buy Crypto Abroad From Local Currency Accounts The National Bank […]

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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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Bank of Russia Wants to Restrict Crypto Investments by Blocking Card Payments, Report Reveals

Bank of Russia Wants to Restrict Crypto Investments by Blocking Card Payments, Report RevealsThe Central Bank of Russia is currently reviewing various ways to prevent Russians from investing in cryptocurrency. One the options on the table is to block card payments to certain recipients such as crypto exchanges, a media report has unveiled. A recent meeting at the State Duma has indicated, however, that the authority’s hardline stance […]

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Survey: 14% of Americans Want Crypto Rewards for Using Their Credit Cards

Survey Shows 14% of Americans Want Cryptocurrency Rewards for Using Their Credit CardsDuring the last few years, prepaid cards that offer cryptocurrency rewards have grown popular and a number of digital asset payment cards offer these types of rewards. This means instead of accruing frequent flyer miles or points, consumers get rewarded in crypto assets every time they make a purchase with the card. A recent study […]

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