Simone Binotto Torre explained that some parameters like geography can make it difficult for crypto cards to have broader adoption. At the Blockchain Economy Dubai Summit 2022, Cointelegraph spoke with Codego CEO Simone Binotto Torre about crypto cards. During the talk, the executive argued that one of the catalysts for broader adoption is the simple ability to make purchases with your crypto through a credit or debit card. Even with Web3 use cases sprouting left and right within the space, the ability to spend crypto to make purchases at real-world…
Day: October 7, 2022
EU Bans Crypto Services for Russians in New Sanctions Over Ukraine Escalation โ Bitcoin News
An array of crypto-related services have been targeted in the latest round of sanctions on Russia approved by the EU. The measures are part of an expected tightening of the economic and financial restrictions in response to Moscowโs decision to annex Ukrainian territories. EU Council Adopts Full Ban on Crypto Wallet and Custody Services for Russian Persons The Council of the European Union announced new sanctions against Russia on the backdrop of the deepening military conflict in Ukraine. The penalties, expected to hurt the Russian government and economy, come after…
Indian Central Bank Publishes Concept Note on its CBDC, Digital Rupee
“Currently, we are at the forefront of a watershed movement in the evolution of currency that will decisively change the very nature of money and its functions,” the RBI said in its concept note. Source
FTT Token Surges 7% as FTX Partners With Visa
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Crypto Exchange FTX’s Token Surges 7% After Visa Partnership Report
The partnership will see the exchange release crypto debit cards in 40 countries with a focus on Latin America, Europe and Asia, according to a CNBC report. FTX CEO Sam Bankman-Fried told CNBC that crypto debit cards can disrupt traditional payment networks. Source
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What is Lens Protocol, and how does it work?
In this guide, we share all you need to know about Lens Protocol, a decentralized social graph that simplifies building Web3 social platforms. The innovation and, as a result, the booming popularity of social media started at the beginning of the century with the concept of the online social graph. This specific data structure draws a line between social networksโ users and the people, places and things with which they interact. However, time has shown that the major social media platforms have several disadvantages related to centralization. The flagships of…
Morgan Stanley Says Crypto ETPs Continue to Grow Despite Bear Market
There are more than 180 active crypto exchange-traded-funds (ETFs), exchange-traded-products (ETPs) and trusts. Half of these products have launched since the โbitcoin bear market,โ despite total assets dropping 70% to $24 billion from $84 billion, Morgan Stanley said in a research report on Thursday. Source
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Crypto Exchange Okx Blocked by Russiaโs Telecom Watchdog โ Exchanges Bitcoin News
Russian media and communications regulator, Roskomnadzor, has restricted access to the website of a major cryptocurrency exchange, Okx. The trading platform was one of those that did not restrict access for Russians amid sanctions that affected the industryโs business in Russia. Okx Blacklisted on Request From Russian Prosecutorโs Office for Disseminating Banned Information Russiaโs Federal Service for Supervision of Communications, Information Technology and Mass Media, also known as Roskomnadzor, has added this week the domain name of crypto exchange Okx to its list of sites containing information, the distribution of…