Friday, August 30, 2024

As Russia plans a trial of cross-border payments using crypto, some senior Russian leaders suggest it can help counter sanctions; experts doubt it will work (CoinDesk)

CoinDesk:
As Russia plans a trial of cross-border payments using crypto, some senior Russian leaders suggest it can help counter sanctions; experts doubt it will work  —  Experts doubt it will work, given the traceability of blockchains and the risk of even tougher sanctions for Russia.



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...