Kraken is donating a total of $10 million to help Ukraine against Russia's invasion and part of it will be funded via the fees generated from Russian transactions on the exchange.
1. Crypto exchanges in the world are being targeted by South African regulator. 2. Derivative products are not allowed to be offered by exchanges in the country. 3. An upcoming regulator regime is about to ring in several changes.
The U.S. government will explore new policies for the crypto and blockchain sector to both protect consumers and promote American innovation.
Mr. Bornyakov discussed cryptocurrency donations and other crypto-related topics during a conversation at Yahoo Finance Live on March 7.
The investment firm says miners are critical to the growth of digital assets.
A group of senators is introducing a bipartisan bill to prevent Russia from selling its gold reserves. Meanwhile, the U.S. may ban Russian oil imports, without participation of its European allies.
President Biden is set to sign an order which will allow federal agencies study the impact of crypto on the economy.
Leading cryptocurrency exchange Binance has announced the launch of its own payments processing company, Bitfinity. Bitfinity will act as the default fiat-to-crypto payments ramp for the exchange, as well as for other blockchains. With this launch, Binance also targets the expanding Web3 economy, partnering with Paysafe and Checkout.com.
As legacy financial rails have broken down amid Russia’s invasion of Ukraine, Bitcoin is proving to be a critical lifeline for Ukrainian people.
The cryptocurrency exchange Coinbase has addressed the company’s procedures toward complying with sanctions in a blog post published on Sunday. The crypto firm says that respecting sanctions plays a “vital role in promoting national security” and the acts can help deter “unlawful aggression.”
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