One-Minute Crypto News – April 9, 2022

One-Minute Crypto News – April 9, 2022

  • The European Union is banning high value crypto asset services and deposits to Russian crypto wallets in response to the war in Ukraine. “Coin Desk”

 

  • Ripple launches major update to enable complex NFT functionality. “U Today.

 

  • Whales shift 8.2 billion Shiba Inu. “U Today”

 

  • US treasury secretary Yellen says, “our regulatory frameworks should be designed to support responsible innovation while managing risks. “Bitcoin News”

 

  • Cardano dominance declines, this might be a game changer. “U Today”

 

  • Russia is becoming a country of hodlers. The Russian prime minister declared that Russians collectively hold more than 130 billion dollars in crypto, which is getting close to 140 billion dollars. “Coin Telegraph”

 

  • Jack Dorsey’s Block and Crypto firm Blockstream will mine Bitcoin at Tesla’s solar plant in Texas. “Bloomberg Crypto”

 

  • With federal election looming, crypto entrepreneurs and government senators have taken aim at the opposition labor party for a lack of policies around the crypto industry. “Coin Telegraph”

 

  • Chinese-Canadian crypto entrepreneur has started a new company called JAN3 which aims to promote Bitcoin adoption and will help build digital infrastructure in El Salvador. “Coin Telegraph”

 

  • South Africa has taken a step closer to CBDC, with a proof of concept highlighting the implications that DLT would have on the financial markets. “Coin Telegraph”