Search Results for: payment business

Digital Assets for 1 Billion Rubles Issued in Russia in a Month

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Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional…

Treasury Secretary Yellen Warns US Could Default on Its Debt by June 1

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USA. Treasury Secretary Janet Yellen has warned that the Treasury will not be able to pay all of the government’s debt “as early as June 1, if Congress does not raise or suspend the debt limit before that time.” Yellen also…

Alchemy Pay: Bridging the Global Economies of Fiat and Cryptocurrencies

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On April 20th, The European Parliament approved the first comprehensive crypto regulation EU-wide, the Markets in Crypto-Assets (MiCA). In the same day, a separate law, the Transfer of Funds regulation, was passed, requiring crypto operators to confirm the identity of their…

US Court Sentences Russian Crypto Ransom Launderer to Probation and Fine

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A Russian crypto entrepreneur, charged with laundering money from ransomware attacks, has been sentenced to probation and fined in the U.S. after pleading guilty. Founder of two coin trading platforms, Denis Dubnikov, was arrested in the Netherlands and extradited to the…

Analysts Weigh In on BRICS Currency as Tool to Face US Dollar-Based Sanctions

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Analysts have begun considering using a future BRICS currency to sidestep U.S. sanctions and the dollar’s influence in international markets. While the rise of the U.S. dollar was significant to spur an era of economic growth after World War II, a…

"2023. aasta paanika": James Corbett selgitab, kuidas pangakriis võib viia CBDC "täieliku rahakontrolli õudusunenägu"

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Uuriv ajakirjanik James Corbett viitas hiljuti käimasolevale ülemaailmsele panganduskriisile, mis hõlmab SVB-d, Allkirjapank, Credit Suisse ja teised “2023. aasta paanika,” tuues võrdlusi sellega, mida ta peab ajaloolisteks pretsedentidena, ja osutades ette paratamatule…

FTX Bankman-Fried kasutab väidetavalt Alameda vahendeid õiguskaitse eest tasumiseks

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Kahe FTX-ile lähedase allika järgi, Sam Bankman-Fried, häbiväärne kaasasutaja, andis isale, Stanfordi õiguse professor Joseph Bankman, miljoneid dollareid. Väidetavalt kasutatakse raha õigusabikulude katmiseks. Allikad ütlesid, et Bankman-Fried andis väidetavalt…

Bitcoini miljonär Tim Draper soovitab idufirmadel hoida Bitcoini riskimaandina pankades jooksva doomino vastu

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Tim Draper, riskikapitalist ja bitcoini miljonär, on lisanud bitcoini idufirmade asutajatele pakutavate sularahahaldussoovituste seeriasse. Draper soovitas vältida vähemalt kahe palgafondi väärtuses sularaha bitcoinis või muudes krüptovaluutades…

80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says

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Hong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypto companies have expressed interest in establishing a presence in Hong Kong. They include companies across mainland China, Kanada, European Union countries, Singapur, the U.K., ja…

Meta Winding Down Support for NFTs on Facebook, Instagram

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USA. tech giant Meta is giving up on operations with non-fungible tokens (NFT-d) amid ongoing turbulence in the crypto space. The company allowed creators to share digital collectibles on its leading social media platforms last year. Meta Platforms Cutting Off Support…