El Salvador President Nayib Bukele took a victory lap on Monday after the Bank of England’s British pound rapidly depreciated against the dollar. The institution has since resumed quantitative easing. Its action marks a clear pivot that many in the Bitcoin community predicted central banks would be forced into months in advance. Bukele’s Callout Bukele tagged the Bank of England with a triumphant “Told you,” over Twitter, scoring over 14,000 like and 2000 retweets from his followers. His brief comment…
Tag: South Korean Exchange
South Korean Exchanges Clamp Down on Russian Users
Some of the largest crypto exchanges in South Korea have barred Russian users from accessing their services. These bans extend beyond sanctioned individuals and blacklists all Russian IP addresses as well. IPs Blocked Amid Evasion Concerns According to a local report, most South Korean major exchanges have blacklisted their Russian customers from using their services. This comes after Ukrainian Vice Prime Minister Mykhailo Fedorov called on all cryptocurrency exchanges to block Russian users from accessing their platforms. And of course,…
7 months ago 
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