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G7 Countries: We Will Ensure Russia Cannot Use Crypto Assets to Evade Sanctions

G7 Countries: We Will Ensure Russia Cannot Use Crypto Assets to Evade SanctionsThe Group of Seven (G7) countries issued a joint statement stating that they “will ensure that the Russian state and elites, proxies and oligarchs cannot leverage digital assets as a means of evading or offsetting the impact of international sanctions.” Meanwhile, the U.S. Treasury Department is “closely monitoring any efforts to circumvent or violate Russia-related […]

NFT Market Stumbles in January: Sales Drop 39% in Rocky Opening to 2025

G7 Finance Chiefs to Publish Common Rules for State-Issued Digital Currencies This Year

G7 Finance Chiefs to Publish Common Rules for State-Issued Digital Currencies This YearThe G7 finance ministers and central bank governors have met and agreed to work towards common principles for state-backed digital currencies and publish their conclusions this year. They said these digital currencies “could act as both a liquid, safe settlement asset and as an anchor for the payments system.” G7 Setting Common Rules for Central […]

NFT Market Stumbles in January: Sales Drop 39% in Rocky Opening to 2025