Writing about the issue earlier

[mdraufk.h.an.d.a]

In europe the markets in crypto-assets mica regulation laid a robust framework for crypto companies looking to shed their wild west image and enter the financial mainstream. According to a monday dec. Announcement digital assets platform moonpay said it is among the first companies to have secured approval under the eus mica cryptocurrency regulations. Still one of the knocks of crypto remains its use to avoid regulations.

Russian businesses are reportedly using bitcoin and other chile cell phone number list cryptocurrencies to make international payments. Its a trend that comes in the wake of legislative changes that permitted these types of payments to get around western sanctions it was reported tuesday dec. Reportedly the pre- domestic regulatory dynamic surrounding crypto in the u. S. Has even led to people like venture capitalist marc andreessen arguing that banks were cutting ties with customers on the political right or with industries such as the cryptocurrency sector.

As crypto continues its march toward mainstream adoption its role in enterprise finance is growing. Pymnts explored the reality of crypto for cross-border payments though not those designed to evade sanctions this tuesday dec. Cross-border payments historically plagued by high fees and slow transaction times underwent a significant transformation in that report said. Blockchain technology emerged as a key enabler offering transparency speed and cost efficiency.