turnover – DIGIT INFO

Bilateral Settlement Between China and Russia Worsens Due to New Sanctions

DIGIT — Mon, 02 Sep 2024 11:30:19 +0000

The payment flow between China and Russia is being disrupted once again due to the enactment of a new package of sanctions that includes 46 Chinese companies allegedly assisting the Russian war effort. This has affected imports of dual-use products, which can be used for both military and civilian purposes, as well as other merchandise. […]

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Cryptocurrency Turnover Growing in Russia, Watchdog Reports to Putin

DIGIT — Sun, 12 Mar 2023 05:30:36 +0000

Use of cryptocurrencies is increasing in Russia, the head of the country’s financial watchdog has informed President Putin. The agency, Rosfinmonitoring, is following thousands of participants in digital asset transactions with a new blockchain analytics system, the official revealed. Volume of Crypto Transactions in Russia Almost $13 Billion, Financial Authority Says The turnover of crypto […]

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Indonesia Will Not Ban Cryptocurrencies Like China, Minister Says as Crypto Trade Soars

DIGIT — Sat, 25 Sep 2021 21:30:58 +0000

Authorities in Indonesia do not intend to follow China’s example of imposing an outright ban on cryptocurrencies, a government official said, noting the country will limit itself to ensuring they are not used in illegal activities. The statement comes after local crypto exchanges registered a serious increase in turnover this year. Indonesia to Tighten Regulations […]

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Over 50 Bitcoin ATMs Operate Legally in Russia, Study Finds

DIGIT — Fri, 01 Feb 2019 17:03:50 +0000

At least 51 cryptocurrency ATMs operate in compliance with the current regulations in Russia, estimates a new report. According to the study produced by the country’s crypto industry association, the average monthly turnover of each of these teller machines is around $27,000. Also read: Crypto Startups Push Swiss VC Investments to a Record $1.25B Most […]

The post Over 50 Bitcoin ATMs Operate Legally in Russia, Study Finds appeared first on Bitcoin News.

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Coinbase Is Making $2.7 Million a Day

DIGIT — Tue, 23 Jan 2018 19:55:41 +0000

Running a major cryptocurrency exchange can be a logistical nightmare, but the rewards make it all worthwhile. In information released to shareholders this week, Coinbase revealed that it recorded turnover of $1 billion last year, which works out at an astonishing $2.74 million a day or $2,000 a minute. Also read: South Korean Card Companies Block […]

The post Coinbase Is Making $2.7 Million a Day appeared first on Bitcoin News.

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