Cryptocurrency Funds Experience Biggest Outflow Since Beginning of Year
Institutional investors withdrew the largest amount of funds from crypto funds since January 2022 last week.
Iran Will Not Legalize Crypto
Iran’s Deputy Minister of Communications Reza Bagheri Asl has reported the Iranian government has abandoned the idea of legalizing cryptocurrencies in the country.
Russian Central Bank Lists “Systemic Threats” of Cryptocurrencies
The Bank of Russia has published a report for 2021, in which it has pointed out the risks associated with cryptocurrencies.
TON to Help 3 African Countries Launch Crypto Projects
Blockchain project TON plans to create cryptocurrency and technological solutions for Cameroon, the Congo and the Democratic Republic of the Congo.
Bank of America Says Bitcoin Can Act as Hedge Against Stock Markets Crash
Commodities, cash and cryptocurrencies could perform well against equities and bonds amid a combination of inflation shocks, recession and Fed policies.
Robinhood Announces Lightning Network Support
Online broker Robinhood has expanded access to cryptocurrency wallet beta testing and announced plans for Lightning Network integration “in the coming months.”
Bank of Russia Admits it Cannot Use Cryptos to Avoid Sanctions
The use of cryptocurrencies to circumvent sanctions, especially in terms of payments for large amounts, is impossible.
