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UK Seizes £25M in Cash and Crypto Linked to Russia Sanctions

British authorities have wrapped up a major operation aimed at shutting down channels used by wealthy individuals to dodge sanctions tied to Russia’s invasion of Ukraine. The operation led to 128 arrests and the seizure of approximately £25 million, equivalent to roughly $33 million in cash and cryptocurrency. The scale of the action shows how …

Africa Crypto News Week in Review: VALR Partners with Mukuru, Bitcoin ATMs Launch In Nairobi Malls, IOTA To Power Stablecoin Payment

In Africa crypto news this week, VALR, a leading digital asset exchange on the continent, is partnering with Mukuru to provide stablecoin payment infrastructure in South Africa. Meanwhile, Bitcoin ATMs have appeared at various malls in Kenya. This development comes weeks after the country enacted a landmark crypto legislation.  Globally, the IOTA Foundation is partnering …

Klarna Admits Stablecoins Is Cheaper Than Banking: Will Crypto Recover?

Klarna just made a move toward crypto that nobody really saw coming. The Swedish buy-now, pay-later giant announced on Tuesday that it is launching its own stablecoin, called KlarnaUSD, marking a significant shift from its traditional lending business and positioning it squarely in the crypto payments arena. The token runs on a blockchain developed by …

Analysts Call Solana Price Reversal: SOL USD Shoots High For $160

SOL moved higher on Tuesday as traders spotted early signs of a trend shift, pushing the token back toward a key resistance area. Solana traded near $136 across major exchanges after bouncing off a well-watched support level. Market Cap 24h 7d 30d 1y All Time Analysts said the move appears to be a short-term reversal, …