by Александр Пирогов | Aug 28, 2023 | Blog News
Following an extensive testing period with banks, Russia will commence a pilot program of its digital rouble on 15 August. The initiative is part of the country’s strategy to enhance its financial system and offer an alternative to cryptocurrencies like Bitcoin....
by Александр Пирогов | Aug 28, 2023 | Blog News
Crypto trading platform Bittrex and its former CEO, William Shihara, have reportedly settled with the US Securities and Exchange Commission (SEC) for $24 million over allegations of operating an unregistered exchange. The sum includes disgorgement, prejudgment...
by Александр Пирогов | Aug 28, 2023 | Blog News
The world’s largest cryptocurrency exchange Binance has reportedly received regulatory approval from El Salvador’s Central Reserve Bank and the National Commission of Digital Assets. The licences will allow Binance to introduce tailor-made crypto-related products and...
by Александр Пирогов | Aug 28, 2023 | Blog News
US payments giant PayPal announced on 7 August the launch of a dollar-backed stablecoin named “PayPal USD”. This launch comes despite the increasing regulatory scrutiny of the crypto sector in the US, leading some firms, like Revolut, to withdraw their crypto...
by Александр Пирогов | Aug 11, 2023 | Blog News
British fintech firm Revolut has reportedly decided to halt cryptocurrency services for its US customers due to mounting regulatory complexities and market instability. Starting 2 September, US users will no longer be able to purchase cryptocurrencies on the platform....
by Александр Пирогов | Aug 11, 2023 | Blog News
HashKey is set to become Hong Kong’s first licensed cryptocurrency exchange offering services to retail users following the licence update from the Hong Kong Securities and Futures Commission. Securing its Type 1 (dealing in securities) and a Type 7 (providing...