Image Credit: VOA via Wikimedia Commons
Crypto Community Unites to Aid Turkey After Devastating Earthquake (2 minute read, Russian)
Several major crypto exchanges, including Binance, OKX, Huobi, Bitget, Bybit, Gate.io, and Bitfinex, have pledged financial assistance to aid victims of the recent earthquakes in Turkey. Binance is airdropping $100 in BNB tokens to all its users in the affected regions, a total of around $5 million. Binance Charity has also created a public donation address for Bitcoin, Ethereum, BNB, BUSD, and Ripple. Other exchanges, such as OKX and Bitget, have pledged 1 million Turkish lira each, while Bitfinex, Tether, Keet, and Synonym have pledged 5 million liras. Despite the ban on crypto donations in Turkey, non-profit organization Ahbap has obtained permission from the Financial Crimes Investigation Board and opened wallet addresses for funds to be sent.
Russian Banks Have Mixed Feelings Towards the Digital Ruble (2 minute read, Russian)
Gazprombank has expressed concern that the introduction of the digital ruble in Russia may lead to a loss of income for banks. Yakov and Partners, a consulting company, has estimated that banks could lose 50 billion rubles each year due to the digital ruble, while retailers could save at least 80 billion rubles per year. Despite the potential loss for banks, Gazprombank see the digital ruble as an opportunity for banks to create innovative financial services using smart contracts.
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