On 10 March, the MoonPay team talked to all their clients to offer information because of recent chaos created by Russia in Ukraine. MoonPay was discovered less than 3 years ago, its fiat-to-crypto on...
Tag: Russia
Deutsche Bank reverses course on Russia, says it will unwind business there
A Deutsche Bank AG flag flies outside the company’s office on Wall Street in New York. Mark Kauzlarich | Bloomberg | Getty Images Deutsche Bank said Friday that it was winding down its operation...
Coinbase Halts Several Illicit Accounts from Russia
Coinbase – one of the largest and most popular cryptocurrency exchanges in the world – announced earlier in the week that it is taking heavy action against Russian accounts on its platform. The compan...
Your 2019 leased car could now be worth $7,200 more than expected
Fg Trade | Istock | Getty Images If your three-year auto lease is coming to an end soon, be aware that your car may be worth far more than you realize. The 2022 average trade-in value for 2019 model-y...
G7 and EU Impose Fresh Crypto Sanctions on Russia
Key Takeaways G7 member countries, alongside the EU, imposed further sanctions on Russia today. A prominent theme of the new sanctions was the need to crack down on the use of cryptocurrency to circum...
Youtube, Disney, Goldman Sachs—Here Are The Companies Cutting Ties With Russia Over Ukraine Invasion
Youtube expanded its actions against Russia Friday, adding to a growing list of companies including JPMorgan Chase and Disney that are distancing themselves from Russia after its invasion of Ukraine. ...
How the US and allies cut off Russia from the global economy
As Russia stepped up its aggression against Ukraine to the point of a full-fledged invasion, the U.S. and its allies unleashed a series of historic and unprecedented economic sanctions. “It̵...
In light of Russia sanctions, Senate to hold hearing on crypto in illicit finance
advertisement The Senate is exploring crypto’s use in sanctions evasion next week. The Senate Banking Committee announced the hearing, entitled “Understanding the Role of Digital Assets i...
UK Sanctions 386 Russian Politicians For Backing Ukraine Invasion
Topline The U.K. government on Friday sanctioned 386 Russian politicians who voted to recognize the independence of two separatist regions in Ukraine, following earlier sanctions on Russian oligarchs,...
Bitcoin spikes above $40K as Russia sees ‘positive shifts’ in Ukraine war dialogue
Bitcoin (BTC) saw instant volatility on March 11 amid hope that the Russia-Ukraine conflict could find a diplomatic solution. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hope rises — b...
Sanctions on Russia, Estonia, calls for restrictions on cryptocurrencies
Following calls to this effect by Ukrainian Vice-President and Minister of Technological Innovation Mykhailo Fedorov, for the first time ever, a Prime Minister of Estonia has specifically called for r...
MoonPay suspends operations in Ukraine, Russia and Belarus
On March 10th the MoonPay team contacted all customers to inform them that due to recent events in Eastern Europe they had suspended operations in Ukraine, Russia, and Belarus and are no longer workin...
JPMorgan and Goldman Sachs Decide to Wind Down Russia Businesses
JPMorgan and Goldman Sachs are two of the American investment banks that have decided to wind down their Russian operations amid the invasion of Ukraine by Russia. Announced on Thursday, these two hav...
Covid declared a pandemic two years ago. Health experts warn it’s still not over
Medical staff treat a coronavirus disease (COVID-19) patient in the Intensive Care Unit (ICU) at the Providence Mission Hospital in Mission Viejo, California, January 25, 2022. Shannon Stapleton | Reu...
Britain resurfaces huge tidal energy plan amid Ukraine crisis
An aerial shot of the Severn Estuary from 2010. Jamie Cooper | Sspl | Getty Images An independent commission in the U.K. is to revisit the possibility of using the Severn Estuary, a large body of wate...
Russia at risk of default within days
vladimir putin russia default risk Russia is facing effective bankruptcy as soon as Wednesday after the World Bank warned that crippling sanctions have left the Kremlin “mighty close” to a default on ...
Russia Says It Has Enough Energy Buyers Even With Sanctions
(Bloomberg) — Russia has enough buyers for its oil and gas even as Western nations and their allies impose sanctions in response to the invasion of Ukraine, according to a top Kremlin official. ...
Deutsche Bank says not ‘practical’ to exit Russia business
Deutsche Bank said Thursday it is not “practical” to close its Russia business, despite similar moves by major corporations seeking to distance themselves from the country over its invasio...
Here are the companies still doing business in Russia undeterred
A corporate exodus from Russia in response to its military invasion of Ukraine has seen more than 300 U.S. and multinational companies sever business ties with the country — and the list is growing by...
U.S. Ambassador Says Russia Committing ‘War Crimes’ In Ukraine
Topline U.S. Ambassador to the United Nations Linda Thomas-Greenfield said Thursday that Russia is committing “war crimes” in Ukraine, becoming the highest-ranking American official to mak...
MasterCard announced its withdrawal from Russia. Should that worry investors?
MasterCard Incorporated (NYSE:MA) turned bearish on news of suspended operations in Russia. The news means that MasterCard will no longer process transactions for its Russian customers and for all car...
Rivian (RIVN) earnings Q4 2021
Rivian signage at the Nasdaq on their IPO day, November 10, 2021 in New York. Source: Rivian Shares of Rivian Automotive tumbled in after-hours trading Thursday after the company missed Wall Street...
Deutsche Bank has no near-term plan to exit Russia
The corporate world, in recent weeks, has been pulling out of Russia in response to Putin’s military operation in Ukraine, but Deutsche Bank AG (NYSE: DB) seems to have a different stance. Deuts...
Russia overestimates its ability to bypass US sanctions using crypto
Christopher Wray, the director of the Federal Bureau of Investigation, said that fiat was a more likely avenue for Russia to explore in circumventing sanctions, given the United States’ ability to blo...
Russia Says Debt Payments Abroad Hinge on Unfreezing of Reserves
(Bloomberg) — Most Read from Bloomberg Russia is prepared to pay its foreign creditors on condition that a freeze on much of its $643 billion cash pile is lifted, according to Finance Minister A...
JPMorgan is winding down its Russia operations amid widening business exodus over Ukraine war
JP Morgan CEO Jamie Dimon listens as he is introduced at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, U.S., November 23, 2021. Brian Snyder | Reuters JPMorgan Chase, the...
Xavier Rolet Resigns as PhosAgro Chairman amid Sanctions on Russia
Xavier Rolet has announced his official resignation as chairman of PhosAgro amid sanctions faced by the company over its ties to the Russian government, City AM reported. “In light of the announcement...
Goldman Sachs becomes first major Wall Street bank to exit Russia amid Ukraine invasion
advertisement Goldman Sachs is shutting down its operations in Russia following the country’s invasion of Ukraine. The company will become the first major Wall Street bank to do so, but other financia...
Russia to emerge with full bill of health, downplays sanctions
Russian Foreign Minister Sergei Lavrov gives an annual press conference on Russian diplomacy in 2021, in Moscow on January 14, 2022. Dimitar Dilkoff | Afp | Getty Images Russia’s foreign ministe...