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Russia Starts Developing Mechanism for International Crypto Payments


Financial authorities in Russia have begun work on a mechanism to facilitate the employment of cryptocurrencies for settlements with other nations amid sanctions. The country’s central bank and finance ministry have already agreed on a draft law regulating cross-border crypto payments....

Binance Creates Global Advisory Board to Tackle Regulatory Challenges


An international group of experts with extensive background in public and corporate governance will advise global cryptocurrency exchange Binance on regulation. The move is an indication of Binance’s focus on compliance and collaboration with regulators, according to its management. Crypto...

China to Expand Digital Yuan Testing in Pilot Cities to Provincial Level


China’s central bank intends to enlarge the area covered by trials of its digital yuan currency in four regions of the country. A top representative of the monetary authority announced the move while highlighting that the People’s Bank has been stepping up digitalization efforts this...

Biggest Movers: APE, XLM Move Close to 1-Month Highs


Apecoin was up by over 13% on Tuesday, despite bearish sentiment remaining largely present in cryptocurrency markets. The token stayed close to a one-month high in today’s session, despite current market turbulence. Stellar was also in the green, nearing a four-week peak. Apecoin (APE)...

Chess Champion Ratchets Up Cheating Drama By Resigning In Just One Move


World Chess Champion Magnus Carlsen was supposed to play Hans Niemann, a 19-year old he previously implied was a cheater, in the Champions Chess Tour 2022 today. Instead, he resigned after making just one move, reigniting the embers of a scandal that’s consumed the chess world this month....

Bitcoin Spot ETF Might Just Have Come Another Step Closer After This Move


A much-discussed Bitcoin (BTC) spot exchange-traded fund (ETF) could finally see the light of day in the US, after a new ETF filed under rules that would be used for a spot fund just went live on the market.... Read More: Bitcoin Spot ETF Might Just Have Come Another Step Closer After This Move

China to Crack Down on Copyright Infringement Through NFTs


Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments....

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