Finance

Almost 50 Russian Banks Accept Yuan Deposits Amid Low Demand for Dollar Accounts

A growing number of banking institutions in Russia are offering customers… More… The post Almost 50 Russian Banks ...

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World’s Largest Regional Organization to Switch to Settlements in National Currencies

A China-led regional organization that covers more than half of Eurasia… More… The post World’s Largest Regional Organization ...

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Crypto Tax Guidance Could Come ‘in 12-ish Months,’ Says IRS Official

The IRS’ point person for taxation of cryptocurrencies stresses… More… The post Crypto Tax Guidance Could Come ‘in ...

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Mastercard Launches Crypto Credential Service for Cross-Border Transfers

The set of verification standards uses technology from the CipherTrace,… More… The post Mastercard Launches Crypto Credential Service ...

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‘Operation Choke Point 2.0’ Is SEC’s ‘Chemotherapy’ for $14B Ponzi Problem, BCB’s CEO Says

What happened to Custodia Bank is “tragic” under current administration’s… More… The post ‘Operation Choke Point 2.0’ Is ...

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PayPal to Enable On-Chain Transfers From Venmo Accounts, Including to On-Chain Wallets

The feature will become available in May, PayPal’s Jose Fernandez… More… The post PayPal to Enable On-Chain Transfers ...

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Epic Games Alum Mike Seavers Will Join Web3 Giant Yuga Labs as CTO

Mike Seavers will join the home of Bored Ape Yacht Club on May 22.… More… The post Epic ...

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Amid Bankruptcy, Core Scientific Signs Bitcoin Mining Hosting Contracts for Almost 18,000 Machines

The miner signed deals with three firms to host rigs in sites where… More… The post Amid Bankruptcy, ...

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DeFi Protocol 0VIX Loses Nearly $2M in Flash-Loan Exploit

Decentralized finance (DeFi) protocol 0VIX has lost $2 million in… More… The post DeFi Protocol 0VIX Loses Nearly ...

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Systemic Swiss Banks Not Ready for Crisis, Regulator Says

Switzerland’s financial regulator is not satisfied with the emergency… More… The post Systemic Swiss Banks Not Ready for ...

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