The United States And European Union Increase Measures Against Russia Using Crypto Assets To Evade Economic Sanctions
The United Kingdom regulators stated that “using crypto assets to evade sanctions is a criminal offense.” Crypto assets usage to evade sanctions in foreign nations by Vladimir Putin’s associates has suffered another blow following the US and the EU announcement which is aimed at Russia’s economy and wealthy individuals. In reaction to President Vladimir Putin’s […]
Users can now send and receive money on WhatsApp using Novi’s digital wallet
This new feature of Novi on WhatApp according to Novi’s president Stephane Kasriel for now is only available to a limited number of people in the United States, the function will be instant and without cost. Despite opposition from some US legislators to Meta’s digital currency offerings, the development of the social network giant’s digital […]
Bitcoin does not appear to be an inflation hedge at this time, According to Chainalysis
Many investors, despite the lack of a statistically significant association between inflation and Bitcoin values, continue to view the asset in this manner. According to data from the blockchain analytics firm Chainalysis , Bitcoin (BTC) may not be the inflation hedge that many people perceive it to be at this time. According to Chainalysis‘ head […]
Coinbase abandons plans for crypto lending product after scuffle with SEC
In its decision to withdraw its Lend product from the market after scuffle with SEC, the Coinbase alluded to the difficulty in obtaining regulatory certainty across the cryptocurrency industry. Coinbase , a cryptocurrency exchange based in the United States, has stated that it will not be continuing with its Lend crypto lending service. Coinbase explained […]