Bank of Russia backs cross-border crypto payments vs. domestic trade
Cryptocurrencies can be used in cross-border or international payments only if they don’t get into Russia’s domestic financial system, the Bank of Russia governor said.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Cryptocurrencies can be used in cross-border or international payments only if they don’t get into Russia’s domestic financial system, the Bank of Russia governor said.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
KuCoin Exits Russia and Belarus, Cutting Off Crypto Services in Major Compliance Move
Key Takeaways: KuCoin has closed down trading activity in Russia and Belarus. Affected customers are able to close post positions...
DBS Survey Finds 88% of Businesses Testing or Using Tokenized Money
TL;DR: A DBS survey published October 28 found that 88% of businesses in its sample were deploying or piloting tokenized-money use...
FalconX Backs $250M Credit Facility for Ibis as Crypto Lending Infrastructure Evolves
TL;DR: Onchain credit company Ibis emerged from stealth on October 28, announcing a $250 million credit facility with FalconX and...
Anthropic Claude AI Predicts an Unbelievable XRP Q4 Move
Anthropic’s Claude AI predicts a frankly insane XRP price target by January 1, 2027. Somewhere in its notes, there’s a number. It’...
Binance Hacked, Estimated $6.3 Billion in Crypto Drained
Binance has confirmed a security breach on its crypto exchange and estimated the total impact of a security incident at around $6....
Circle and ACI Bring USDC Settlement Into Latin American Payment Operations
TL;DR: ACI Worldwide and Circle announced a collaboration on October 27 to demonstrate how USDC settlement can fit into payment sy...