The world’s leading payment processors Visa and Mastercard have joined sanctions against Russia over its military invasion of Ukraine. The American companies announced suspension of operations in the Russian Federation although Russians will be able to use their cards inside the country. Card Payment Giants Visa and Mastercard Add to Pressure on Russia Over Ukraine […]
Meanwhile, as the war between Russia and Ukraine ravages, Coinbase CEO Brian Armstrong believes that cryptocurrencies are emerging as the lifeline for Russians as the nation faces heavy sanctions. (Read More)
Crypto exchange giant Binance donated $2.5 million to help the children of Ukraine in their country’s ongoing war against Russia, joining a growing wave of individuals within the crypto ecosystem who are giving money and taking a stand for the country’s struggle. Binance Charity, the non-profit charitable arm of Binance, announced a $2.5 million cryptocurrency […]
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Earlier this year, Visa revealed during its last earnings call that consumers made $2.5 billion worth of transactions using their crypto-linked cards, during its fiscal first quarter of 2022. Back in July, Visa reported crypto-linked card usage reached $1 billion for the first six months of 2021. The 2022 Q1 numbers represent a 70% increase […]
Since Russia began its invasion of Ukraine, some politicians have raised concerns that cryptocurrency could be used to circumvent sanctions placed by Western nations. The CEOs of two leading cryptocurrency exchanges have shared their thoughts on whether crypto can be an effective tool to circumvent sanctions. Earlier, the European Central Bank president had asked regulators […]
Women are showing strong interest and intention to invest more with their money, with almost half of them (46%) listing investment as their top goal. However, only 36% of them
The chief executives of two major cryptocurrency exchanges, Binance and Coinbase, do not believe that cryptocurrency is an effective tool to help Russia evade Western sanctions. CEOs of Binance and Coinbase Say Crypto Not Useful at Evading Sanctions Since Russia began its invasion of Ukraine, governments worldwide have raised concerns that cryptocurrency could be used […]