Volkswagen ID.5 electric cars being built at the company’s Zwickau, Germany, plant Getty Images Carmakers have struggled to maintain production levels for over a year owing to a computer chip sh...
Tag: Russian
Russian Central Bank Temporarily Suspends Forex Sale
The Central Bank of Russia has issued a new order on Wednesday that immediately suspends banks from selling foreign currencies (forex) until September 9. This move came when the ruble has plunged agai...
Russian Crypto Market Continues To Boom Despite The U.S. Sanctions
According to a report from Bloomberg, sanctions against Russia haven’t dampened the enthusiasm of cryptocurrency investors. Bitcoin trading volume in Russian native currency, Ruble, has broken its all...
Thailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat Sanctions – Bitcoin News
A popular destination for many Russians, Thailand is now looking for ways to facilitate their payments amid widening western sanctions over Moscow’s military invasion of Ukraine. Cryptocurrency is one...
Singapore bans Russian cryptocurrency transactions
Singapore has banned cryptocurrency transactions that are aimed at aiding Russia to circumvent sanctions. The country has made it illegal to enter into or facilitate all transactions that might aid Ru...
Binance Will Block Transactions from Russian Mastercard and Visa Cards
Key Takeaways Binance has said that Russian Mastercard and Visa cards will not be accepted as a transaction method starting Wednesday. Binance and its CEO have suggested that the decision was made in ...
Crypto Still Isn’t Helping Russian Oligarchs Evade Sanctions
But what if we look to individuals, such as, say, the dozens of Russian oligarchs who now find themselves on the Treasury Department’s Office of Foreign Asset Control’s Specially Designate...
U.S. Bans Russian Oil And Gas Imports
Russia has continued to receive Sanctions from the west since it declared war on Ukraine. In one of the latest sanctions, President Joe Biden announced that the United States has banned Russian oil, g...
Oil Stocks Climbed Higher As Oil Prices Soared On An Expected Ban Of Russian Crude Imports
The Biden Administration announced a U.S. ban on imports of Russian oil Tuesday, as economic sanctions snipped more Kremlin links to the global economy. Oil stocks climbed to recent highs. Oil prices ...
Here’s How Biden’s Historic Ban On Russian Oil Will Hit The Economy
Topline President Joe Biden announced an historic U.S. ban on Russian oil imports on Tuesday as the latest round of sanctions against Russia for its invasion of Ukraine, but as energy prices continue ...
UK Bans Russian Oil – Trustnodes
The British Prime Minister Boris Johnson has just announced the United Kingdom will no longer import oil from Russia. The Business Secretary will give further details tomorrow, Mr Johnson said after l...
The U.S. Will Ban Imports of Russian Oil. What Exactly Does That Mean?
Oil prices spiked to their highest levels since 2008 on Tuesday after the U.S. announced it would ban imports of Russian oil. “Today I’m announcing the United States is targeting the main artery of Ru...
Biden Bans Russian Oil, Gas, Energy Imports – Trustnodes
US president Joe Biden has just announced all Russian energy imports to the United States, including oil and gas, have been banned. “We will not be part of subsidizing Putin’s war,” Biden said in a te...
Gas Prices Surge To Record High Ahead Of Russian Oil Ban—Americans Will ‘Feel The Pain’ For A While
Topline The average price Americans are paying at the pump jumped to its highest level ever Tuesday as Russia’s invasion of Ukraine continued to fuel an unprecedented surge in oil prices, with a loomi...
Thailand Considers Opening Crypto Payments for Russian and Ukrainian Tourists
Following Mastercard and Visa suspension of Russian credit cards abroad based on international sanctions, Thailand is looking at accepting cryptocurrency payments to help Ukrainian, and Russian touris...
Estonia Calls to Restrict Crypto Amid Fears of Russian Sanctions Evasion
Estonia’s Prime Minister, Kaka Kallas, has warned against the use of crypto to avoid sanctions amid Russia’s invasion of Ukraine, per Reuters. “Our focus must be on full isolation o...
Crude oil jumps on report U.S. to ban Russian oil imports
A man pumps gas into his vehicle at a petrol station in Montebello, California on February 23, 2022, as gas prices hit over $6 dollars per gallon. Frederic J. Brown | AFP | Getty Images Oil prices jum...
Coinbase Blocked 25,000 Wallet Addresses of Russian Individuals or Entities Linked to Illegal Activities
Cryptocurrency exchange Coinbase Global Inc. announced it has blocked 25,000 wallet addresses of Russian individuals or entities linked to illegal activities. Paul Grewal, chief legal officer from Coi...
Gold price outlook after LBMA suspended Russian gold
Gold price is back up above the crucial level of $2,000 after dropping below it on Monday. The precious metal got into the new week on the front foot, rising above this psychological level for the fir...
Thailand to Offer Crypto Payments to Russian Tourists as an Emergency Measure (Report)
The Phuket Tourist Association (PTA) and the Bank of Thailand (BOT) are reportedly contemplating introducing cryptocurrency payment methods to Russian travelers in Thailand. The move would serve as an...
Bipartisan Congressional Leaders Back Russian Oil Ban, Suspending Trade Relations
Topline Four top congressional leaders—the Republican and Democratic leaders of the powerful finance committees—announced Monday they have agreed on legislation to ban Russian oil and other energy pro...
Bitcoin stuck under $40K, but BTC price hits another all-time high vs. Russian ruble
Bitcoin (BTC) recovered from one-week lows on March 8 after a lack of progress in Russia-Ukraine talks that sent markets tumbling. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Commoditi...
Coinbase blocks 25,000 Russian accounts
In recent days, Coinbase, the largest American cryptocurrency exchange listed on the Nasdaq, announced in a post on its corporate blog that it has blocked 25,000 Russian accounts involved in unspecifi...
Russian Banks Seeks Help from China’s UnionPay amid Crackdown from Mastercard & Visa
Following the service cut from American payment giants Mastercard and Visa, the Central Bank of Russia (CBR) has informed its citizens that credit and debit cards issued by these service providers wil...
Coinbase Conforms To Sanctions, Blocks 25,000 ‘Illicit’ Russian Crypto Wallet Addresses
Coinbase, the largest cryptocurrency exchange in the United States, announced Monday that it had blocked more than 25,000 cryptocurrency wallet addresses associated with Russian persons or businesses ...
Russian Bullion Refineries Suspended from London and American Markets
As there is no sign of calming down of the Russia-Ukraine conflict, Russian businesses are continued facing bans in the west. The London Bullion Market Association (LBMA) and CME Group have now suspen...
Commentary: Bitfinex Trading Team On Bitcoin Bearish Trends Amidst U.S. Talk Of Banning Russian Oil Imports
On March 1st, after Russia attacked Ukraine and sanctions were levied on the country, Bitcoin witnessed a spike in its price reaching $45,000. However, now the price of the flagship currency is showin...