The United Kingdom’s Financial Conduct Authority (FCA) says all currently operating crypto ATMs in the country are to be shut down immediately. The FCA notes in a new warning on Thursday that no crypto asset firms in the UK have been approved to offer crypto ATM services. Digital asset ATMs need to be registered and […]

The post U.K. Financial Regulator Moves To Shut Down Crypto ATMs appeared first on The Daily Hodl.

Cryptocurrency is being used both to fund Ukraine’s defense and prevent Russia’s ability to skirt sanctions in what may become a pivotal moment for the industry.

Crypto exchange Binance has blocked transactions with Mastercard and Visa cards issued in the Russian Federation. The trading platform announced the move after the American payment giants decided to halt operations in Russia over its military invasion of Ukraine. Russians Unable to Use Their Mastercard and Visa Cards on Binance Starting on Wednesday, March 9, […]

Bitcoin has fallen again. After a week or so of the world’s number one digital currency rising back above $40,000 and staying within that range, it looks like the asset has taken another tumble and at the time of writing, is trading for around $39,000 per unit. Bitcoin Takes Another Dive It appears the fight...

The post Bitcoin Falls Again as Investors Fear War in Europe appeared first on Live Bitcoin News.

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Biden signs executive order on crypto

Joe Biden has just signed a long-awaited executive order on cryptocurrency. A wide-ranging document, the order discusses the creation of a digital dollar, regulation of crypto exchanges and the role of crypto in money laundering, ransomware and, yes, evading sanctions.

However, Treasury

The European Union outlined that certain Russian and Belarussian companies and individuals are expelled from trading cryptocurrencies with the EU.

The order focuses on a collaborative government agency effort towards ‘urgent’ CBDC development and Bitcoin and cryptocurrency regulation.

Four U.S. senators are introducing a bill to place sanctions on Russia’s gold. “This legislation would deter the purchase of Russian gold and close this loophole that allows the Russian Federation to soften the financial impact of sanctions,” the senators explained. “By sanctioning these reserves, we can further isolate Russia from the world’s economy and […]

Coinbase's chief counsel cited its geoblocking of Crimea while defending the exchange's decision not to ban Russia-based users.

The post Coinbase won’t ban Russian crypto traders but strangely bans Crimea appeared first on Protos.

FTX CEO Sam Bankman-Fried believes the sanctions imposed on Russia have made it difficult for them to access digital assets.

Mastercard and Visa have announced that they will no longer operate inside Russia.

The post Centralised finance cripples Russia as Visa and Mastercard withdraw from country appeared first on CryptoSlate.

This has sparked speculation that Russians may use crypto to do business.  Russians, in general, are the ones most likely

The post has appeared first on thenewscrypto.com