Concerns keep pouring in that Russia may use crypto to evade the barrage of financial and economic sanctions that have been placed on it. To allay these fears, Coinbase – the US’s largest crypto excha...
Tag: Russian
FTX CEO Sam Bankman-Fried Weighs in on Russian Sanction Violations
As the war continued to rage, ruble-denominated Bitcoin values rose sharply. Authorities are now looking for ways to minimize use in dodging financial sanctions. And while the recent activity demonstr...
Singapore stops Russian cryptocurrency and NFT transactions
TL;DR Breakdown Singapore locks down Russian cryptocurrency and non-fungible token (NFT) transactions. The Monetary Authority of Singapore (MAS) releases new regulations. The regulations prevent money...
Coinbase clarifies they were already participating in Russian sanctions
Today, Coinbase’s CFO Paul Grewal posted on the platform’s blog page announcing that Coinbase was already supporting the legal sanctions against Russia as a part of their goal to protect the integrity...
Russian crypto transaction suffer another blow in Singapore
Crypto transactions from Russian users in Singapore will face restrictions Singapore is the first South-east Asian country to impose sanctions on the war mammoth Export controls on items will be pla...
‘Extremely Destructive’ Russian Cyberattacks Could Cost U.S. Billions Of Dollars In Economic Damage, Goldman Warns
Topline As Russia’s invasion of Ukraine escalates tensions with the U.S. and its allies, economists at Goldman Sachs are warning either side could resort to malicious cyber activity targeting companie...
Coinbase Has Blocked 25,000 Addresses Linked to Russian Entities
Key Takeaways Coinbase revealed it had blocked 25,000 addresses of Russian individuals or entities that it believes to be linked to illicit activity. In a new blog post, the exchange said that Russia ...
Coinbase Blacklists Over 25,000 Crypto Addresses Tied to Russian Individuals and Entities – Regulation Bitcoin News
The cryptocurrency exchange Coinbase has addressed the company’s procedures toward complying with sanctions in a blog post published on Sunday. The crypto firm says that respecting sanctions plays a “...
Coinbase to Stall Banning of All Russian Client’s
The Western front is uniting to force an economic war on Russia as it has been trying to invade Ukraine for the last couple of weeks. Ever since the war was declared, the mobility of cryptocurrencies ...
Russian national, Olive Allen, Burning passport will donate to Ukraine’s relief funds
Olive Allen, a Russian native and artist who has lived in the United States for over 11 years, has burned her home country’s passport in order to raise awareness and funds for Ukraine’s cu...
Russian Ruble Crashes Further Against Bitcoin As Oil Sanctions Loom
Russia’s ruble sank 26% to a record low against Bitcoin on Monday, extending losses as the United States said it was mulling sanctions on Moscow’s oil exports. One Bitcoin is now worth over 5 million ...
LBMA Asks 6 Russian Gold Refiners if They Have Ties to Sanctioned Entities – Regulation Bitcoin News
The London Bullion Market Association (LBMA) said it wants six accredited Russian gold refiners to clarify if they have commercial ties with sanctioned Russian entities. The association’s request come...
Coinbase Blocks Over 25,000 Addresses Linked to Illicit Russian Activity
Coinbase has said it has blocked over 25,000 addresses related to Russian individuals or entities believed to be engaged in illicit activity. The exchange added that these accounts were identified th...
Malaysian Billionaire’s Casino Company Halts Russian Project ‘Indefinitely’
Chen Lip Keong at the IPO press conference for NagaCorp in Hong Kong. South China Morning Post via Getty Images NagaCorp, a Hong Kong-listed company controlled by Malaysia’s Chen Lip Keong, has pulled...
European stocks pounded as oil spikes on possible ban on Russian imports
European stocks careened lower on Monday on the threat of further sanctions against commodities production giant Russia over its invasion of Ukraine. The Stoxx Europe 600 SXXP, -2.63% slumped nearly 4...
Gymnast faces action after appearing to wear Russian war symbol
close up of hands and rings Robert Decelis Ltd | Stone | Getty Images Ivan Kuliak is facing disciplinary action from the International Gymnastics Federation (FIG) after appearing to wear a Russian war...
Russian Artist Burns Passport, Auctions Video as NFT
Russian NFT artist Olive Allen is making no bones on where she stands on the Russia-Ukraine war and risks great danger in doing so. After living 11 years in the U.S., Russian artist Olive Allen burnt ...
Stephen Roach says Russian default would hit emerging markets — and China
A man walks past Moscow’s stock market building in downtown Moscow on February 28, 2022. Natalia Kolesnikova | Afp | Getty Images Economist Stephen Roach warned effects from any default on Russi...
Best cybersecurity stocks as Russian attack risks escalate
The Russian invasion of Ukraine has led to a significant focus on the cybersecurity industry. Analysts believe that an isolated Russian economy will focus on cybersecurity in a bid to finance its wars...
3 currencies to benefit as the Russian invasion of Ukraine continues
The global economy is going through a rough patch as the Covid-19 pandemic eases and the Russian invasion of Ukraine continues. As a result, some currencies like the Russian rouble and the euro have a...
Coinbase CEO Brian Armstrong Says Crypto Exchange Won’t Ban All Russian Investors
Exchange’s stance can change at a moment’s notice US-based crypto exchange platform doesn’t have plans to ban all of its Russian users It is unlikely for Russian oligarchs to use Coinbase Coinbase CEO...
U.S. In ‘Active Discussions’ To Ban Russian Oil, Blinken Says
Topline Secretary of State Antony Blinken said Sunday the U.S. is discussing an import ban of Russian oil, which would be the latest and among the most significant U.S. actions to cut off Russia’s eco...
U.S. stock futures sink Sunday as U.S. and its allies consider ban on Russian oil imports
U.S. stock-index futures fell sharply after trading began late Sunday, as investors remain rattled by the ongoing war in Ukraine. Dow Jones Industrial Average futures YM00, -0.95% slid more than 300 p...
Etoro Apologizes After Liquidating Its Clients’ Russian Stocks
Etoro is in trouble. The Israeli online trading platform has been going through a crisis of confidence with its customers for the past few days after it made a decision that had a significant impact ...
Russian banks turn to China as Visa, Mastercard suspend business
Sberbank PJSC said it’s looking at the possibility of issuing cards using Russian payments system Mir and China’s UnionPay after Visa Inc. and Mastercard Inc. suspended operations following the invasi...
Russian Banks Turn to China to Sidestep Cutoff From Payments Systems
Russian banks that have been cut off from global payments networks are turning to China’s state-owned UnionPay system as the country tries to sidestep boycotts by Western businesses for its invasion o...