THE DAILY ENCRYPT

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Western Union Suspends Operations in Russia, Belarus Over Ukraine War

Remittance giant Western Union has joined other financial services companies supporting sanctions in response to Russia’s invasion of Ukraine. The decision will affect customers in the Russian Federation as well as those in Belarus, an ally of Moscow, backing its military operation. Western Union Condemns Invasion of Ukraine, Halts Services in Russia and Belarus Money

XRP price rises as payment giant accepts 4000 applicants for $250 million NFT fund

The recent price drop in Ripple has helped to recover the price of the cryptocurrency. Thousands of applicants waited for the $250 million NFT fund creator fund.
The payment giant offered tokenization benefits to users in XRP for their projects.
Ripple’s creator fund was a platform for award-winning artists and entrepreneurs to interact with each other, resulting in a bullish narrative among XRP owners.