The ‘big package’: how Russia was brought into default

European Commission President Ursula von der Leyen arrives for the European Union leaders’ summit as EU leaders try to reach an agreement on Russian oil sanctions in response to the Russian invasion of Ukraine, in Brussels, Belgium. May 2022. REUTERS/Johanna Geron//File Photo Register now for FREE unlimited access to Reuters.com Record LONDON, June 27 (Reuters) … Read more

Bitcoin drops from 18-month low as cryptocurrency market stabilizes

LONDON/NEW YORK, June 15 (Reuters) – Bitcoin rebounded on Wednesday after plunging to an 18-month low, buoyed by the U.S. Federal Reserve’s tough stance on inflation, even amid a market meltdown this morning. week after crypto lender Celsius froze the customer. looting. The world’s largest cryptocurrency is down 7.8% to $20,079.72, the lowest since December … Read more

Bitcoin is bad

Why not all cryptocurrencies are the same and why you should care and (re)act Bottom For as long as I’d like to admit, I’ve developed experience in the banking and retail payments infrastructure. Being very curious about all digital subjects, especially within my profession, I have added distributed ledger technology, blockchain, tokenization, cryptocurrencies as well … Read more

Explanator: Disconnecting Russia’s Banks: Sberbank Faces SWIFT Removal

LONDON, May 5 (Reuters) – The European Union aims to cut Sberbank (SBER.MM), Russia’s biggest creditor, from the international payments system SWIFT, as Western allies seek to further isolate Moscow from financial markets because of their war. in Ukraine. The latest proposal is part of the sixth and toughest round of EU sanctions, which also … Read more

Cryptoverse: Ether Prepares for Epic ‘Merger’ in Search of Eclipsing Bitcoin

April 26 (Reuters) – Ether has promised to do better. He vowed to go to the next level, beating cryptocurrency rivals and even beating the godfather, bitcoin. But the clock is ticking. The #2 cryptocurrency should be weeks away from “merger,” a transformative June update to its Ethereum blockchain to make it faster, cheaper, and … Read more

Cryptoverse: 10 Billion Reasons for Bitcoin to Become a Reserve Currency

Apr 12 (Reuters) – A cryptocurrency platform’s pledge to amass $10 billion in bitcoin to support its own “stablecoin” is driving the market. It is part of a broader movement to crown bitcoin as the reserve currency of a new era. Seoul-based Terraform Labs has so far amassed nearly 40,000 bitcoins worth $1.7 billion in … Read more

Bitcoin Rises After Biden Signs Executive Order on Digital Assets

A representation of the Bitcoin cryptocurrency is seen in this illustration taken on August 6, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Record Mar 9 (Reuters) – Bitcoin soared on Wednesday after President Joe Biden signed an executive order that requires U.S. government agencies to weigh the benefits and risks of … Read more

Russia is now the most sanctioned nation in the world

(Bloomberg) — Russia has overtaken Iran and North Korea to become the world’s most sanctioned nation in just 10 days after President Vladimir Putin’s invasion of Ukraine. In a wave of action led by the US and European allies beginning February 22, Russia became the target of 2,778 new sanctions designations, bringing them to more … Read more