The U.S. Treasury Department is calling out digital assets as it prepares to enforce new sanctions against Russia. The Office of Foreign Assets Control (OFAC) is detailing a series of measures designe...
Tag: Russia
Dow falls nearly 600 points as Russia says it will begin attacks on Kyiv
U.S. stocks traded lower near midday Tuesday as Russia stepped up attacks on Ukraine and warned it would begin “high-precision” strikes on the capital, Kyiv, as its invasion enters a sixth day. What’s...
More fintechs follow Wise’s lead in suspending transfers to Russia
advertisement Remittance fintechs Zepz (previously known as WorldRemit), TransferGo and Remitly have suspended their services to Russia amidst its invasion of Ukraine. The news follows money transfer ...
Target, Kroger, Foot Locker and more
A shopping cart is seen in a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Target – ...
Ransomware Group Suffers Data Leak After Siding With Russia
One of the most successful ransomware groups has experienced a massive leak of internal data after it sided with Russia in the Ukrainian conflict. The data leak from Conti, a cybercriminal group belie...
Russian-backed investment fund tied to influential U.S. corporate consulting firm
An investment fund backed by Russian oligarchs that have been sanctioned by the European Union following the invasion of Ukraine has ties to Teneo, an influential corporate advisory firm based in the ...
Russia Stock Market Crash Intensifies—BlackRock Warns Investors Of ‘Significant Declines’
Topline Though the Moscow Stock Exchange was closed for a second straight day, the Russian stock market was battered by steep declines again on Tuesday as shares and funds trading internationally plum...
Can Russia Exploit the Sanctions With a CBDC and Its SWIFT Alternative?
With the so-called “Special Military Operation” in Ukraine, some major world economies including the U.S., U.K., Japan, and EU had imposed sanctions on Russia. Consequently, leading to some internatio...
Bitcoin Nears $45,000 as Russia Cuts Off Transfers – Trustnodes
Bitcoin is up by about 15% from $38,000 to now $44,500 as Russia sanctions its own citizens in response to EU, US and UK sanctioning Russia. Russia’s invading president Vladimir Putin banned companies...
Bitcoin Trading Volumes Surge in Russia and Ukraine (Report)
Bitcoin trading volumes against the Russian ruble reportedly soared to the highest level in almost a year. At the same time, those employing Ukraine’s hryvnia reached October 2021 heights. The Result ...
US urges crypto exchanges to ensure Russia doesn’t avoid sanctions
TL;DR Breakdown US authorities have issued a directive to crypto exchanges instructing them to restrict access to individual users in Russia. Despite the sanctions, Russian consumers have turned to cr...
Wheat futures reach highest levels since 2008 as Russia invasion advances
Ears of wheat are seen in a field near the village of Hrebeni in Kyiv region, Ukraine July 17, 2020. Valentyn Ogirenko | Reuters The price of wheat on Tuesday rose to its highest levels in more than a...
Russia transport industry negatively affected by Ukraine conflict
Deutsche Lufthansa AG (ETR: LHA), the German flag airline, said that it had canceled about thirty flights to Russia from its Australian Airlines, Eurowings, and Lufthansa carriers. The German-based ai...
How Russia, France And The American Dream Gave Rise To Washington State’s First Luxury Wine
Mach One Vineyard of Quilceda Creek Winery – 50 vertical feet above the mighty Columbia River in … [+] Washington State Quilceda Creek When Paul Golitzin was growing up in Snohomish, Washi...
Bitcoin Exchanges Start Banning Russia, Ruble Develops Discount – Trustnodes
“Turned off all ruble pairs. The input and output of the ruble is closed. This is a difficult decision, since we have blocked our brothers in the Russian Federation and Belarus who have now taken to t...
Stock futures point to lower open as Russia intensifies attacks on Ukraine
U.S. stock futures fell in pre-market trading Tuesday following another volatile day on Wall Street as investors weighed intensifying Russian attacks on Ukraine and an onslaught of new sanctions by th...
Major Cryptocurrencies—Including Bitcoin, Ether—Rise Amid Fears Russia Will Use Them To Evade Sanctions
Topline The value of top cryptocurrency tokens—including market leaders bitcoin and ether—soared on Tuesday, the sixth day of Russia’s invasion in Ukraine, reversing steep declines from the start of t...
PepsiCo Stock Drops Because Russia Is a Key Market
Text size PepsiCo leads Coca-Cola in Russia. Scott Olson/Getty Images PepsiCo stock took a hit Monday on apparent investor concerns about its exposure to Russia, its second-largest international marke...
Bitcoin (BTC) price jumps as Russia-Ukraine conflict continues
A visual representation of bitcoin. STR | NurPhoto via Getty Images Bitcoin jumped 13% on Tuesday continuing its sharp rebound as the Russian assault on Ukraine continues and the U.S. ratchets up sanc...
Number of bitcoin whales spikes as sanctions on Russia bite
The number of blockchain wallet addresses with hordes of more than 1,000 bitcoin — around $43 million — surged on Monday as Western nations stepped up sanctions on Russia’s government and wealth...
Ruble-Crypto Trading Soars amid Western Sanctions on Russia
On Monday, trading volumes between the Russian ruble and the Tether cryptocurrency surged as Western powers slapped sanctions on Russia over the Ukraine-Russia war, Reuters reported on Feb. 28. Intere...
International Courts Can Make Russia Pay For This War—Eventually
A Ukrainian soldier stands next to a damaged wall after the reported shelling of a kindergarten in … [+] the settlement of Stanytsia Luhanska, Ukraine, on February 17, 2022. – U.S. Defense...
Bitcoin price tops $44,000 as sanctions take toll on Russia
advertisement The price of bitcoin has increased sharply by around 15% over the past 12 hours to top $44,000. The price of one bitcoin briefly topped $44,000 before returning to hover at just over $43...
Sanctions on Russia Puts Focus on China’s Central Bank
(Bloomberg) — China’s central bank could provide a financial lifeline to Russia if Beijing decides to buck Western efforts to cut its strategic partner out of the global financial system. Most R...
Sports leagues flex soft power against Russia over invasion
Alex Ovechkin #8 of the Washington Capitals shoots the puck against the New York Rangers during the second period at Capital One Arena on October 13, 2021 in Washington, DC. Patrick Smith | Getty Imag...
Worst-Ever Russia Sanctions Set To Become A Business, Market Nightmare
The skyscrapers of Moscow against a residential street. Washington and Brussels have hit the Russian … [+] economy with never-before-seen sanctions since its 2014 battle with Ukraine. What’...
Bitcoin Overtakes Russia’s ‘Collapsing’ Ruble After Sudden Price Surge
Bitcoin has overtaken Russia’s ruble in terms of total value as the bitcoin price surges just as the ruble goes into freefall. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor...
Disney pauses theatrical releases in Russia, condemns invasion of Ukraine
Still from Pixar’s “Turning Red.” Disney The Walt Disney Company will halt all future theatrical film releases in Russia following the country’s attack on Ukraine. “Given...
As BP Exits Russia, Other Oil Companies Face Risks Too
Text size Shell has a big stake in a Russian liquefied natural gas project. Jeff J Mitchell/Getty Images Oil companies haven’t been this financially strong in decades. They also haven’t been as politi...