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A number of payment and remittance platforms, now including Paypal, have restricted access to their services in Russia as western sanctions over Moscow’s invasion of Ukraine continue to expand. Fintech companies have been limiting operations in the Russian Federation also in response to Kyiv’s call for help. Payments Giant Paypal
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“Foundry will leverage Blockchain Association’s singular platform, blending industry insights and legal analysis, to inform lawmakers of the economic growth and technological innovations the crypto industry will continue to bring to the job market and electrical grid,“ Foundry said in the statement. Source
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“FIS and Worldpay are getting equipped for the next generation of payments,” said Shyft co-founder Joseph Weinberg in an interview. “Having a regulatory-compliant data layer becomes critical, whether it be with stablecoins or between VASPs [virtual asset service providers], from a Travel Rule perspective.” Source
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The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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The Crypto Council for Innovation, or CCI, has announced that Gemini will be joining its list of crypto-friendly firms aimed at supporting lawmakers on related regulation.In a Thursday announcement, the CCI said that effective as of this week Gemini has joined Coinbase, Block, Fidelity Digital Assets, Paradigm, and others in
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Bitcoin, the top cryptocurrency by market value, dropped under the average in late December. A week later, ether, the second largest, and play-to-earn game Axie Infinity's AXS coin followed suit. Heavyweights from other sub-sectors like UNI, LINK, XMR, AAVE, PERP and YFI also fell below their 200-day MAs early this
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Digital asset exchange Binance has become the first crypto company to support the Association of Banks of Russia in efforts devoted to regulating the country’s growing cryptocurrency market. The coin trading platform will also work with authorities in Moscow as they try to adopt rules for the industry. Binance to
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The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Bitcoin payment provider OpenNode has closed a $20 million Series A funding round led by U.K. firm Kingsway at a $220 million valuation to fuel its global expansion, according to a press release provided to CryptoX. Other participants in the round include Twitter, venture capital investor Tim Draper and Avon
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The platform has grown significantly over the past few months, launching its own token, the $WWY, on major exchanges and expanding its value proposition with metaverse solutions. That has allowed WeWay to attract financing quickly: both from investors ($3M) and through its IDO ($800k). Among the strategic advisors to WeWay, are
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