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US Warns Against Exchanges Facilitating Transactions For Russians Amid Crackdown
With the EU, US, and other countries imposing financial sanctions on Russia, there have been concerns that individuals and organizations in the country will resort to crypto to circumvent the restrictions. US Sanctions Will Include Digital Assets With effect from March 1st, the US Treasury Department said that recent sanctions against Russia will include checks

Crypto Exchange Binance Halts Activities in Israel After Regulator Raises Licensing Issue
Binance has reportedly halted services in Israel after the cryptocurrency exchange was approached by the country’s financial regulator inquiring about its activities and the licenses under which it operates. A growing number of regulators have been scrutinizing Binance for operating without a license in their jurisdictions. Binance Halts Crypto Services in Israel Israel’s Capital Market,

Central Bank Of India Warns Crypto Could Cause Dollarization of The Economy
The Reserve Bank of India (RBI), India’s central bank has expressed concern that cryptocurrency could lead to dollarization of part of India’s economy. It will severely undermine the RBI’s ability to regulate the monetary system in the country.

Facepay Plans To Launch Its Own Cryptocurrency ‘Facepay’
Facepay, a blockchain-based relational payments platform known for freeing business owners for credit transaction fees, has announced on Tuesday that it plans to launch its native cryptocurrency, ‘Facepay’, to prevent transactions fee oligopoly of payment processors. Although the previous fixed-price model of Facepay disrupted the industry in 2021, the addition of cryptocurrency will again set