Central Bank of Russia promotes crypto as means to ease the sanctioned economy

    According to a new report on its priorities, the Central Bank of Russia (CBR) is working on integrating crypto assets into the local financial system. The CBR is also working on the digital ruble, a central bank digital currency (CBDC). The CBR released a report on digital assets and crypto regulation, focusing on integrating them…

    Cryptocurrency’s transparency lays bare the risks of decentralized finance

    As blockchain technology and cryptocurrencies become more popular, they can help overcome financial bias, strengthen financial markets and enhance law enforcement, Bas Lemmens, SVP & GM International, Chainalysis, explains in an interview with ZAWYA. In the popular mind, the blockchain and cryptocurrencies are often linked with ransomware and money laundering. But according to Bas Lemmens,…

    MoneyGram introduces crypto purchases via its mobile app

    Global payments company MoneyGram has added a service to its mobile app allowing US customers to buy, sell and hold Bitcoin, Ether, and Litecoin. Via the existing partnership with crypto exchange Coinme, the company expects to expand those cryptocurrency selections over the coming year. The new feature is being enabled by cryptocurrency exchange Coinme, in…

    Twitter will integrate NFT buying and selling through tweets

    Twitter will let users display NFT marketplace listings from some platforms, as well as let them buy and sell digital collectibles. The integration could come in handy in Elon Musk’s plan for Twitter to be sustainable. The social media platform announced on Oct. 27 that it will let users buy, sell, and display NFTs from…

    Visa plans to launch its own crypto wallet

    Transnational payment giant Visa has filed several crypto-related trademark applications, including crypto auditing software, NFTs, the metaverse, and its own cryptocurrency wallet. The financial corporation seemingly intends to dive deeper into the crypto world, even though CEO Al Kelly recently questioned its utility. According to trademark attorney Mike Kondoudis, the applications indicate that Visa intends…

    40 million Cash App users can now send and receive Bitcoin via Lightning Network

    Cash App users can now send and receive Bitcoin payments instantly via the Lightning Network, the company announced. Previously, this Lightning function on the popular payments app was limited but now Cash App users can send and receive Bitcoin via the fast solution. Michael Rihani, Cash App Bitcoin Product Lead, announced on Twitter that Cash…