Eastern Europe – DIGIT INFO

Crypto surges in Eastern Europe: DeFi drives 33% of transactions

DIGIT — Fri, 01 Nov 2024 09:27:01 +0000

Eastern Europe has become the fourth-largest cryptocurrency market in the world, accounting for over 11% of the total cryptocurrency value received worldwide.

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Tether scales crypto payments in Eastern Europe with new investment

DIGIT — Wed, 08 May 2024 14:09:47 +0000

The new investment aims to strengthen CityPay.io’s expansion into Eastern Europe, specifically into Georgia, Armenia, Azerbaijan, Kazakhstan and Uzbekistan.

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Binance Looking to Hire Developers, Support Staff in Romania

DIGIT — Fri, 24 Feb 2023 10:30:57 +0000

Global crypto exchange Binance is now hiring IT specialists and customer service representatives for its operations in Romania. The leading coin trading platform is also engaged in a number of educational initiatives in collaboration with Romanian universities and authorities. Cryptocurrency Exchange Binance Recruiting Personnel for Romania Offices Binance, the largest crypto exchange by trading volume, […]

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War Spurs Crypto Activity in Russia and Ukraine, Chainalysis Reports

DIGIT — Sat, 15 Oct 2022 06:30:38 +0000

The deadly conflict that started with Russia’s assault on Ukraine has increased crypto-related activity in both countries, according to Chainalysis. Fiat inflation and sanctions pressure led to several spikes in transaction volumes this year, the blockchain forensics firm has found, while Eastern Europe as a whole sustained its role in the global crypto ecosystem. Russians […]

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Binance Founder CZ Announces Romanian Office as Part of Regional Expansion

DIGIT — Thu, 22 Sep 2022 07:00:38 +0000

Changpeng Zhao (CZ), founder and chief executive officer of cryptocurrency exchange Binance, has announced the opening of an office in Romania. During a visit to the country, he met with high-ranking officials and emphasized Binance’s intentions to expand direct operations in Eastern Europe. Binance to Launch Romanian-Language Support This Fall, Exchange CEO Unveils in Bucharest […]

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Belgian Banking Group KBC Creates Blockchain-Based Coin

DIGIT — Sat, 18 Jun 2022 07:00:40 +0000

KBC Group, a major European banking and insurance institution headquartered in Belgium, has launched a token based on a blockchain platform. Its customers will be able to acquire the new proprietary coins and use them through their KBC wallet and mobile app. KBC Issues Digital Coin for Clients and Partners KBC, the Brussels-based financial group […]

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Eastern Europe Sends Over $800 Million in Crypto to Scams in Single Year, Report Reveals

DIGIT — Thu, 02 Sep 2021 21:30:21 +0000

Of all funds sent to illicit cryptocurrency addresses from Eastern Europe, scams attract the greatest amount, according to a new report. In the past year alone, crypto addresses based in the region have sent the fraudulent schemes a staggering $815 million in crypto. Eastern Europe Leads by Volume of Illicit Crypto Transactions Among the world’s […]

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Eastern European victims sent $815M to Ponzis and scams in the past year

DIGIT — Thu, 02 Sep 2021 03:22:30 +0000

Scams make up the largest share of funds sent from Eastern Europe to illicit addresses.

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Poland, Romania Rank in Top 10 for Number of Bitcoin ATMs, World’s Total Exceeds 23,000

DIGIT — Thu, 15 Jul 2021 12:30:50 +0000

Two East European nations, Poland and Romania, are now among the top 10 countries hosting the most cryptocurrency ATMs. The global number of teller machines supporting crypto transactions has increased exponentially over the past months, now reaching over 23,000 devices. Poland Ranks Among Leading Crypto ATM Destinations The growth in popularity and market prices of […]

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Bingbon Adds Ruble, Hryvnia, and Tenge Support in Bid to Expand Geographical Presence

DIGIT — Thu, 15 Jul 2021 07:00:54 +0000

A tie-up between payment processor Advcash and Bingbon will help the social cryptocurrency trading exchange extend its services to Ukraine, Kazakhstan, and Russia through a newly introduced fiat on and off-ramp. Eastern European Fiat Support Echoes Regional Crypto Adoption Outside of North America and Asia, Eastern Europe commands one of cryptocurrency’s biggest communities of miners, […]

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