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The Bank of Russia plans to monitor all cross-border cryptocurrency transactions over the next six months, involving 19 major banks such as Citibank, MTS Bank and Raiffeisenbank.
Binance has gained regulatory approval from Argentina’s National Securities Commission, bringing its total to 20 approvals worldwide.
A recent Lattice Fund report reveals that over 80% of crypto startups that raised funds in 2022 remain active despite market downturns.
According to Tether CEO Paolo Ardoino, USDT, the largest stablecoin by market capitalization, has a significant influence beyond the cryptocurrency sector, particularly in nations dealing with inflation and underdeveloped financial systems.
Following an extensive review of the reorganization strategy, the troubled cryptocurrency exchange FTX has announced plans to allocate $6 billion to affected users, specifically targeting those impacted by its 2022 collapse.
On Tuesday, cryptocurrency values experienced a downturn, with Ethereum dipping below the $2,500 mark amid rising geopolitical tensions triggered by Iran’s missile strikes on Israel.
U.S. blockchain payments company Ripple Labs Inc. has demonstrated significant progress in its global expansion after securing an important operating license in Dubai.