Bank of Russia Recommends Banks to Block Cards, Wallets Used to Transact With Crypto Exchangers

The central bank of Russia has advised commercial banks on how to identify and block cards and wallet accounts used by shady businesses. Along with illegal forex dealers and financial pyramids, the regulator has also listed crypto exchangers as suspicious entities. New AML Recommendations by Bank of Russia Target Cryptocurrency Exchangers Russia’s central bank has issued a […]

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Every Country Needs a Crypto Strategy After El Salvador, Says Charles Hoskinson

Cardano Founder Charles Hoskinson recently reflected on El Salvador’s adoption of bitcoin as legal tender urging other countries to follow suit with crypto adoption plans. In a congratulatory note posted on YouTube, Hoskinson saluted bitcoin on its historic achievement. He did this by first reflecting on how far cryptocurrencies have come, harkening back to when he joined the […]

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Ukraine Passes Decree to Legalize Cryptocurrencies

The Ukrainian parliament has passed legislation that legitimizes and regulates crypto assets within the country in an effort to attract investment. A draft law legalizing cryptocurrencies passed the second reading in the Ukrainian parliament on Sept. 8. Up until now, cryptocurrencies and digital tokens have been in a state of limbo, neither legal nor prohibited. […]

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VISA plans to provide crypto services to traditional Brazilian banks

VISA (NYSE: V), the world’s largest payments network, has stated that it is working on bringing cryptocurrency services to traditional banking systems in Brazil in the near future, Seu Dinheiro reports. Company officials said they are working with numerous cryptocurrency businesses in Brazil to bring crypto payment cards to the market and alluded to future direct integration of bitcoin payments. To connect […]

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