UK takes action against cryptocurrency ATMs

UK regulators are cracking down on cryptocurrency ATMs across the country, in a bid to prevent fraud and protect consumers. ATMs allow users to buy and sell digital currencies for cash. However, the Financial Conduct Authority (FCA)…

The United Arab Emirates to issue its CBDC

A recent announcement on digital finance in the United Arab Emirates reported notable progress in launching a CBDC, as a further step towards digital payments. The Board of Directors of the Central Bank of the UAE indicated this Sunday in…

Twitter delayed the launch of its payment API

Twitter announced a new extension in the launch of its new application programming interface (API), which would initially close on February 9 and which will begin to be paid once its new version is implemented. The company has acknowledged…

Russia announces reduction in oil production

This Friday the Russian Deputy Prime Minister, Alexander Novak, announced a reduction in oil production for the month of March. After the Western countries imposed a top price on Russian oil, the nation made the decision to apply a…