Twitter User Accuses Nexo of Embezzlement Through Charity, Crypto Lender Denies Allegations
A Twitter account has accused the Bulgarian co-founders of the Swiss-based cryptocurrency lender Nexo of misappropriating funds from a charity platform. The firm has rejected...
Ukraine Central Bank Limits Cash Withdrawals Amid Russian Assault
The central financial institution of Ukraine has capped withdrawals of money in nationwide fiat and banned these in overseas forex. The financial authority says the...
Russia Adopts Law Allowing State to Seize Illegal Funds, Digital Assets From Officials
The State Duma of Russia, the decrease home of parliament, has handed a legislation allowing legislation enforcement authorities to hunt confiscation of illegally obtained funds...
Digital Ruble Should Not Boost Inflation, Bank of Russia Says
Bank of Russia is preparing for a prolonged trial of the digital version of the national fiat to ensure this is a “full-fledged ruble,” the...
Digital Ruble to Give Russians What They Need, Bank of Russia Governor Says
The digital ruble is what Russian citizens need as it will facilitate inexpensive and reliable payments, the head of Bank of Russia, Elvira Nabiullina, told...
Competition and Hype Drive Young Crypto Investors, UK Watchdog Finds
A sizable majority of young investors seeking high-risk opportunities are motivated by competition and hype, a new survey has indicated. They often turn to cryptocurrency...
Poll: 3 Out of 4 Russian Investors Would Rather Buy Cryptocurrency Than Gold or Fiat
An overwhelming majority of Russian investors view cryptocurrencies as a more attractive investment proposition than traditional fiat currencies or gold, a new survey has established....
Anarchist Bar in Brussels Now Accepts Cryptocurrency
A bar in Brussels frequented by local anarchists has introduced crypto payments. Bitcoin is the money of the future, say the owners who have recently...
Barrick Gold CEO Says ‘No One Believes in Fiat Currencies Anymore’
The South African businessman and CEO at Barrick Gold Corporation, Mark Bristow, recently explained in an interview that “no one believes in fiat currencies anymore.”...
Digital Yuan to Promote International Use of Chinese Currency, Experts Say
The new digital yuan, currently undergoing trials, can help to increase the international usage of China’s national fiat, experts have stated. As the renminbi (RMB,...