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The 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 … Read more
The bank facilitated $142 billion worth of transfers between crypto exchanges and financial institutions in Q1. Go to Source Powered by WPeMatico
The average BTC transaction fee saw a steady decline from an all-time high of $62.788 in April 2021 before coming down. Go to Source Powered by WPeMatico
Launched in late 2021, the Cronos network has amassed over 450,000 DeFi and NFT users, requiring proper compliance tools. Go to Source Powered by WPeMatico
Cryptocurrency mixers offer users a higher level of privacy and anonymity for their transactions, but often run into trouble with regulators. Go to Source Powered by WPeMatico
Blockchain technology is more than just Bitcoin. Let’s examine the evolution of Nakamoto’s brainchild. Go to Source Powered by WPeMatico
With sanctions cutting off Russia from global finances, Moscow’s motivation to establish a domestic market infrastructure for digital assets grows, a top official at the Russian finance ministry has noted. The comment comes as Russians are losing access to foreign crypto platforms. Russia Recognizes Need for Local Crypto Assets Market Amid expanding international sanctions over … Read more
Illia Polosukhin, Ukraine-born crypto entrepreneur and Near protocol co-founder, explains how crypto has become an invaluable instrument for supporting Ukraine’s resistance. Go to Source Powered by WPeMatico
According to the OECD, the crypto market posed a “significant risk” around tax transparency, claiming that any gains will eventually be lost without additional safeguards. Go to Source Powered by WPeMatico
Bank of Russia has recommended commercial banks pay heightened attention to their clients’ transactions related to cryptocurrencies. The regulator requires the financial institutions to monitor such activity against the backdrop of restrictions on currency operations amid western sanctions. Monetary Authority Urges Banks to Control Spending Linked to Crypto Assets The Central Bank of Russia (CBR) … Read more