Category: Belarus

Belarus-born crypto platform halts operations for Russians in response to invasion of Ukraine

April 12, 2022

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“In these circumstances we can no longer continue to serve our clients from Russia,” said Vitalii Kedyk, CEO of Currency.com’s Ukraine arm. 1280 Total views 22 Total shares Crypto trading company Currency.com has announced it halted operations for clients based in Russia following the country’s “violence and disorder” imposed on the people of Ukraine. In […]

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Sanctions on Russia and Belarus will include crypto — European Commission

March 9, 2022

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The expansion of sanctions follows the commission announcing in February that it would be removing several Russian banks from the SWIFT cross-border payment network. 1100 Total views 24 Total shares The European Commission has clarified that crypto assets will fall under additional sanctions targeted against Russia and Belarus in response to the military conflict in […]

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No credit for crypto — users react to Russia-issued credit card ban

March 8, 2022

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“Visa and Mastercard dig their own graves by politicizing their products and pushing people all over the world toward Bitcoin,” said Marty Bent.

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Belarus tech innovation zone may take on regulatory role for crypto business

March 16, 2021

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The administration of Belarus Hi-Tech Park is the best authority to regulate the crypto market in the country, First Deputy Prime Minister Nikolai Snopkov said. 1730 Total views 17 Total shares The Belarusian government has proposed to appoint the High Technologies Park Administration as a supervisory authority for local crypto exchanges and digital tokens, First […]

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Belarusian government explores potential move into crypto mining

February 26, 2021

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The Ministry of Energy of the Republic of Belarus has launched an investigation into the potential pros and cons of crypto mining. 5459 Total views 26 Total shares The Belarus state is studying the cryptocurrency industry for a potential move into mining digital coins like Bitcoin (BTC). The Ministry of Energy of the Republic of […]

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Internet Shutdowns Cost India $2.8B in 2020: Report

January 8, 2021

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Jan 8, 2021 at 1:30 p.m. UTC Mumbai, India (Shutterstock) Internet Shutdowns Cost India $2.8B in 2020: Report A new report shows India’s regional internet shutdowns in 2020 cost its economy approximately $2.8 billion, making it the country that suffered the most damage from internet manipulation by a government last year. Internet shutdowns, or the […]

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Belarus Bank to Offer Bitcoin Purchases, With Litecoin and Ether Coming Soon

November 16, 2020

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Nov 16, 2020 at 12:51 p.m. UTCUpdated Nov 16, 2020 at 3:01 p.m. UTC Minsk, Belarus(Zdeněk Fekar/Pixabay ) Belarus Bank to Offer Bitcoin Purchases, With Litecoin and Ether Coming Soon Belarusbank, one of the largest credit institutions in Belarus, has partnered with OTC broker White Bird to offer a bitcoin buying service, according to an […]

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Belarus’ largest bank reportedly launches crypto exchange service

November 13, 2020

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Another bank is reportedly moving into crypto amid a major bull run in crypto markets. 3717 Total views 30 Total shares Belarusbank, the largest financial institution in Belarus, is reportedly launching a cryptocurrency exchange service. According to a Nov. 12 report by local news agency Prime Press, Belarusbank is rolling out a service allowing users […]

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Russia’s central bank says the pandemic has accelerated regulators’ interest in CBDCs

November 6, 2020

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The pandemic-induced crisis is galvanizing new trends across all aspects of the global economy, including digital currencies. 2939 Total views 23 Total shares The COVID-19 pandemic has served both as an x-ray onto existing vulnerabilities in the global financial system, and as an accelerator for destabilizing tendencies, including higher sovereign and consumer debt in emerging […]

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