CEXs refuse blanket asset freeze of all Russian users, though questions linger
If Western sanctions ramp up, CEXs may be forced to ban all Russian users from using their services, as they have previous done in Iran. Go to Source Powered by WPeMatico
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Crypto’s Sanction-Slipping Power: Why Bitcoin’s Neutrality Is Its Greatest Humanitarian Asset
Decentralized networks such as Bitcoin’s don’t know national allegiance, they only know math. And when you’re trying to get your savings out of an ATM, or send a payment to relatives in a war-torn environment, someone else’s politics is the last thing you want standing in the way of you and your loved ones’ well-being … Read more
OpenSea updates banned countries list sparking decentralization debate
The world’s largest NFT marketplace has confirmed that it blocks users based on the U.S. sanctions list. Go to Source Powered by WPeMatico
Russian Bitcoin Mining Assessed Amid Conflict With Ukraine, Large ETH Pool Cancels Service to Russia
With the conflict between Russia and Ukraine, many observers are curious about the large quantity of hashrate located in Russia, as the region reportedly controls the third-largest sum of SHA256 hashpower worldwide. Furthermore, on February 24, the ethereum mining operation Flexpool announced it has halted services to Russia entirely. “We apologize to our Russian miners; … Read more
Sanctions and trade: Iran aims to develop a central bank digital currency
While the central bank announced its intention to launch a CBDC, exact details are still scarce. Go to Source Powered by WPeMatico
Digital Denarius: How a crypto revolution could have saved the Roman Empire
As Venezuela and Iran find themselves caught up in the cryptocurrency revolution, could this have saved the Roman Empire from crumbling into infighting and crippling inflation? Go to Source Powered by WPeMatico
Decommissioned Power Plant in Armenia to Host Crypto Mining Farms
Armenia is going to invite cryptocurrency miners to install their coin minting hardware in an old thermal power plant. The TPP will be decommissioned and the government intends to rent it out to industrial companies including mining enterprises. Miners Welcome to Set Up Data Centers at Old TPP in Armenia The equipment at the Hrazdan … Read more
Iran to Pilot ‘National Cryptocurrency,’ Considers Blockchain Tech for Stock Market
The Central Bank of Iran soon plans to launch the pilot phase of its digital currency project, an official unveiled. The Islamic Republic hopes to a join a growing club of nations that want to take advantage of having a sovereign coin, while it also seeks to implement blockchain technology in other areas. Iran to … Read more
Iran to reportedly pilot central bank digital currency soon
The Central Bank of Iran hinted at a possible CBDC pilot soon without elaborating on the time frame of the program. Go to Source Powered by WPeMatico
Iran to Permit Use of Cryptocurrencies in International Settlements, Reports Reveal
Authorities in Iran are preparing to allow the employment of cryptocurrencies for international settlements. According to local media, central bank and government officials have given the green light to adopt a mechanism using digital coins in the field of foreign trade. Businesses in Iran to Be Able to Pay Foreign Partners With Crypto Iranian companies … Read more
