sanctions
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A spokesperson confirmed that Binance continues to serve a âlimited number of existing Russian usersâ
The cryptocurrency exchange Binance continues to serve a âlimited number of usersâ from Russia, even after its withdrawal from the market. This is reported by Cointelegraph, citing its sources.Â
âWe continue to serve a limited number of existing Russian users to ensure their digital assets remain safe and secure,â the source said.Â
A Binance spokesperson stressed that the crypto exchange remains its highest priority,ââ and its goal is to establish âindustry-leading compliance programs that cooperate effectively with law enforcement worldwide.â
It is worth noting that this statement coincided with a year since Binanceâs complete withdrawal from the Russian market. While some crypto exchanges, such as Bithumb, WhiteBIT, Korbit, and others, have blocked the accounts of Russian users since the beginning of the full-scale invasion, Binance continued to work with Russians for two years.
After that, in September 2023, they announced their withdrawal from the market, transferring their rights to the newly created CommEx exchange. However, in March 2024, CommEX announced its closure. The exchange ceased operations in the following weeks.
#Binance #sanctions #Write2Earn! #HMSTRonBinance
The cryptocurrency exchange Binance continues to serve a âlimited number of usersâ from Russia, even after its withdrawal from the market. This is reported by Cointelegraph, citing its sources.Â
âWe continue to serve a limited number of existing Russian users to ensure their digital assets remain safe and secure,â the source said.Â
A Binance spokesperson stressed that the crypto exchange remains its highest priority,ââ and its goal is to establish âindustry-leading compliance programs that cooperate effectively with law enforcement worldwide.â
It is worth noting that this statement coincided with a year since Binanceâs complete withdrawal from the Russian market. While some crypto exchanges, such as Bithumb, WhiteBIT, Korbit, and others, have blocked the accounts of Russian users since the beginning of the full-scale invasion, Binance continued to work with Russians for two years.
After that, in September 2023, they announced their withdrawal from the market, transferring their rights to the newly created CommEx exchange. However, in March 2024, CommEX announced its closure. The exchange ceased operations in the following weeks.
#Binance #sanctions #Write2Earn! #HMSTRonBinance
#Huawei profits double due to Chinese chip production
Huawei Technologies Co.'s profit more than doubled during the quarter it revealed its biggest achievement in chip #technology , a sign that the Chinese tech leader is stabilizing its business hurt by #US #sanctions .
The Shenzhen-based company reported a 118% rise in net profit to 26.4 billion yuan ($3.6 billion) in the September quarter and a slight rise in sales to 145.7 billion #yuan .
Those figures include the first sales of the hugely popular Mate 60 Pro smartphone, which began shipping in late August.
The gadget sold out almost instantly, fueling hopes that it could revive Huawei's fortunes and possibly cut into Apple Inc.'s lead in China, given signs of a disappointing debut for the iPhone 15.
Huawei Technologies Co.'s profit more than doubled during the quarter it revealed its biggest achievement in chip #technology , a sign that the Chinese tech leader is stabilizing its business hurt by #US #sanctions .
The Shenzhen-based company reported a 118% rise in net profit to 26.4 billion yuan ($3.6 billion) in the September quarter and a slight rise in sales to 145.7 billion #yuan .
Those figures include the first sales of the hugely popular Mate 60 Pro smartphone, which began shipping in late August.
The gadget sold out almost instantly, fueling hopes that it could revive Huawei's fortunes and possibly cut into Apple Inc.'s lead in China, given signs of a disappointing debut for the iPhone 15.
EXPOSED: Tether's Shadow Economy _
A recent Wall Street Journal investigation reveals the astonishing truth about Tether's USDT:
$190 billion flows through Tether daily, rivaling Visa's transaction volume!
USDT has become a primary tool for circumventing sanctions, with Russia, Venezuela, and Iran using it to bypass restrictions and facilitate deals with China.
Tether is creating a parallel economy, operating beyond the reach of US law enforcement.
But here's the kicker: despite claims of compliance, Tether only blocks a tiny fraction of "dirty USDT" - just enough to maintain a veneer of legitimacy.
Are we witnessing the rise of a shadow financial system?
Share your thoughts!
#tetherUsdt #USDTă #sanctions #CryptocurrencyUpsAndDowns #Regulation
$190 billion flows through Tether daily, rivaling Visa's transaction volume!
USDT has become a primary tool for circumventing sanctions, with Russia, Venezuela, and Iran using it to bypass restrictions and facilitate deals with China.
Tether is creating a parallel economy, operating beyond the reach of US law enforcement.
But here's the kicker: despite claims of compliance, Tether only blocks a tiny fraction of "dirty USDT" - just enough to maintain a veneer of legitimacy.
Are we witnessing the rise of a shadow financial system?
Share your thoughts!
#tetherUsdt #USDTă #sanctions #CryptocurrencyUpsAndDowns #Regulation
Russia Goes Crypto âż: A New Chapter in Trade
The country is set to shake up the global financial landscape đ!
A groundbreaking bill allowing businesses to use cryptocurrencies đ° for international trade đ€ starts in September. This bold move aims to bypass Western sanctions đ« and smooth trade with key partners like China đšđł, India đźđł, and the UAE.
While domestic crypto payments remain banned, the central bank is gearing up for an "experimental" crypto payment infrastructure đ, with the first transactions expected by year-end.
This development is a game-changer, signaling a potential shift in global finance.
#russiacrypto  #cryptocurrency  #crypto  #Blockchain  #sanctions
The country is set to shake up the global financial landscape đ!
A groundbreaking bill allowing businesses to use cryptocurrencies đ° for international trade đ€ starts in September. This bold move aims to bypass Western sanctions đ« and smooth trade with key partners like China đšđł, India đźđł, and the UAE.
While domestic crypto payments remain banned, the central bank is gearing up for an "experimental" crypto payment infrastructure đ, with the first transactions expected by year-end.
This development is a game-changer, signaling a potential shift in global finance.
#russiacrypto  #cryptocurrency  #crypto  #Blockchain  #sanctions
đŽ Reason $BTC didn't Increase As Expected đŽ
The Reason is Down âŹïž
To be honest, I woke up expecting to see the profile green but came to know the reason on why BTC didn't rise as expected in the Charts đ€·đ»ââïž
đŽ Yesterday I stated that we might have 1 more Dump before the big pump for one reason only.
So The Surprise came that the SEC decided to sanction Coinbase for getting involved in what they say trading Securities đ„
This heavily drove fear into the BTC ETF trading resulting in slowing down the BTC thus our Alt Coins faced a slight pause in Prices đ
I will cover for you the SEC vs Coinbase expectations in another post.
For now be careful and hold your trades to get the full picture of what is happening to the marketđ„
Follow & Like for MORE Exclusive Newsđ„
All the Bestđ°
#BTC #Coinbase #sanctions #trendingtopics
The Reason is Down âŹïž
To be honest, I woke up expecting to see the profile green but came to know the reason on why BTC didn't rise as expected in the Charts đ€·đ»ââïž
đŽ Yesterday I stated that we might have 1 more Dump before the big pump for one reason only.
So The Surprise came that the SEC decided to sanction Coinbase for getting involved in what they say trading Securities đ„
This heavily drove fear into the BTC ETF trading resulting in slowing down the BTC thus our Alt Coins faced a slight pause in Prices đ
I will cover for you the SEC vs Coinbase expectations in another post.
For now be careful and hold your trades to get the full picture of what is happening to the marketđ„
Follow & Like for MORE Exclusive Newsđ„
All the Bestđ°
#BTC #Coinbase #sanctions #trendingtopics
LIVECryptoVenom
--
Bullish
đą $BTC Price Update (Good News)đą
As predicted in my last post BTC finally broke the 43,400 Resistance Level and now heading Upwards to the 44,000 đ
Unless a Surprise comes through, the Alt Coins will have a decent price increase đ„
Let's Hope No surprises happen. Now the 43,400 is a support Level as shown in the Chart I posted below âŹïž
Bull Market Started??? No but Fingers Crossed coz it's really near đž
Expect 1 More Dump & then To The MOON đ
Follow & Like for MORE Exclusive Postsđ„
All The Best & Good Night Lovely Peopleđ°
#BTC #BullRun #AltcoinRising
As predicted in my last post BTC finally broke the 43,400 Resistance Level and now heading Upwards to the 44,000 đ
Unless a Surprise comes through, the Alt Coins will have a decent price increase đ„
Let's Hope No surprises happen. Now the 43,400 is a support Level as shown in the Chart I posted below âŹïž
Bull Market Started??? No but Fingers Crossed coz it's really near đž
Expect 1 More Dump & then To The MOON đ
Follow & Like for MORE Exclusive Postsđ„
All The Best & Good Night Lovely Peopleđ°
#BTC #BullRun #AltcoinRising