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#1099 Stablecoin Krieg, Kraken Russland Sanktionen & Kazakhstan Mining

1.) A stablecoin’s rise in market share has ignited the ‘Second Great Stablecoin War’
Since Binance announced it would auto-convert USDC, USDP and TUSD into BUSD on Sept. 6, BUSD’s share of the total stablecoin market has risen from 10.01% to 15.48%.

2.) Change of Heart: Kraken Closes Accounts for all Russian Users
Following the latest package of sanctions that the EU imposed on Russia, Kraken terminated services to Russian customers.

3.) Kazakhstan among top 3 Bitcoin mining destinations after US and China
The top three countries contributing to the Bitcoin hash rate continue to eat away the share of other players, such as Malaysia, Germany and Iran.

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