The United States is making sure that Russian sanctions remain tightly in place and prevent Russia from taking any refuge from cryptocurrencies and use these to advance its goals. According to people ...
Tag: Russian
Ukraine Asks Exchanges to Freeze Russian, Belarusian Crypto Accounts
“We are not going to unilaterally freeze millions of innocent users’ accounts. Crypto is meant to provide greater financial freedom for people across the globe. To unilaterally decide to b...
Ukraine Receives an Answer to Its Request of Banning Russian Crypto Users
Every possible corner of the world is attempting to block the financial infrastructure of Russia amid its war with Ukraine. One such attempt was recently made by Ukraine, where it requested all the ma...
U.S. Requests Crypto Exchanges to Avoid Russian Running away from Sanctions
The U.S. is reportedly urging major crypto exchanges to make sure no Russian individuals or institutions escape from the sanctions by using cryptocurrencies, according to Bloomberg. Citing to personne...
Visa, Mastercard Block Russian Banks As Per New U.S. Sanctions
Visa and Mastercard, the world’s largest card operators, said they had blocked Russian banks from their networks under new U.S. sanction orders. The two also announced $2 million donations each in hum...
Bitcoin Tops $44,000 as Russian Ruble Plummets
Key Takeaways Bitcoin touched $44,000 Monday, helping the rest of the crypto market soar. Many lower cap assets outpaced Bitcoin and Ethereum. The rally came as the Russian ruble plummeted following t...
Russian Central Bank Claims SWIFT Alternative Is Ready
The central bank of Russia claims that its alternative to the SWIFT payment network is ready, though it’s unlikely to see much participation from foreign entities. Russia’s central bank has claimed th...
At Least 70 Ukrainian Soldiers Killed In Russian Strike As Death Toll From Invasion Mounts
Topline More than 70 Ukrainian soldiers were killed by a Russian rocket attack in the city of Okhtyrka on Tuesday, according to Ukraine authorities who have accused Moscow of engaging in “barbaric tac...
Russian Oil Tankers Are Still Loading for the U.S., for Now
(Bloomberg) — Two cargoes of Russian oil loaded late last week for U.S. ports may be among the last shipments of their kind as the market seeks alternatives amid mounting sanctions against Russi...
U.S. Includes Crypto In Russian Sanctions, Warns Exchanges
The U.S. Treasury Department said that recent sanctions levelled against Russia will include checks on digital currencies, with effect from March 1st. The White House also warned major crypto exchang...
Binance Rejects Ukraine’s Appeal To Freeze Russian Accounts
Key Insights: A Ukrainian crypto company DMarket froze all Russian and Belarus crypto assets and NFT skins. Binance stated explicitly that they wouldn’t be following suit, citing a threat to crypto’s ...
Should Crypto Exchanges Ban Russian Users? Kraken’s Opinion
Amongst the fundamental values of crypto, an important point is having financial freedom for all. Crypto is meant to be an unbiased tool, untied to the strings of governments and banks, a tool against...
Bitcoin Demand Explodes As Russian Ruble Collapses to Less Than $0.01
Key Insights: The value of Russia’s Ruble against the United States Dollar is worth less than a cent. To prevent a further collapse, the Russian Central Bank raised the interest rates to 20% from 9.5%...
Bitcoin Is Now More Valuable Than The Russian Ruble
Bitcoin is in the big leagues of the global financial system, and geopolitical events are playing in its favor. The most important cryptocurrency in the market managed to position itself above the Rus...
Ukraine Pushes Crypto Exchanges To Freeze Russian Accounts; Is A Crypto War next?
Ukraine has increased the pressure on cryptocurrency exchanges to freeze Russian accounts. The Eastern European country has resorted to a crypto war threatening exchanges like Binance to make legal de...
Bitcoin climbs to $41K and flippens the Russian ruble
After climbing to a price of more than $41,000 on Monday, Bitcoin’s market capitalization has surpassed that of the Russian ruble. According to data from CoinMarketCap, the market cap of Bitcoin (BTC...
More Russian Billionaires Speak Out Against Putin’s War On Ukraine
Alexei Mordashov attends the International Economic Cooperation in New Realities Forum as part of the 2018 Russian Business Week. Artyom Geodakyan/TASS Additional reporting by Forbes Russia As the U.S...
US dollar index forecast as the Russian invasion continues
The US dollar index (DXY) had a strong performance in February in light of the strong economic numbers from the US and the crisis in Europe. It is trading at $96.88, which is about 2.35% above the low...
Ukraine Asks Crypto Exchanges To Freeze Russian Traders’ Crypto Assets ⋆ ZyCrypto
Advertisement     Ukraine’s Vice Prime Minister and Minister of Digital Transformation, Mykhailo Fedorov, has urged cryptocurrency exchanges to block addresses of Russ...
Russian Forces Loom Outside Kyiv As Ukraine Resists Invasion
Follow real-time updates on Russia’s invasion of Ukraine. (Additional reporting by Mason Bissada and Joe Walsh). The ruins of a Ukrainian armored personnel carrier sit near the center of the Uk...
Coinbase Is Latest Exchange to Deny Ukraine Request to Block Russian Crypto Users
In brief The Ukraine Minister of Digital Transformation requested that major crypto exchanges block Russian users. Exchanges have thus far declined to do so. Instead, Coinbase and others are pointing ...
Binance Will Not Halt Servicing Russian Accounts (Report)
The world’s leading digital asset exchange – Binance – does not intend to freeze the accounts of Russian-based individuals, a spokesman for the platform revealed. He further argued that “crypto is mea...
Kraken CEO responds to Ukraine request to block Russian users
The CEO of Kraken, Jesse Powell, has responded to the requests by Ukraine to block Russian users from the platform. The vice prime minister of Ukraine, Mikhail Fedorov, had asked all major exchanges t...
Binance, Kraken Refuse Ukrainian Minister’s Request to Freeze Russian Accounts
Key Takeaways Yesterday, the Vice Prime Minister of Ukraine asked crypto exchanges to block the accounts of “ordinary” Russian crypto users. Both Kraken and Binance have refused to do so. ...
Crypto Community Opposes Ukrainian Ministers Request to Freeze Russian Accounts
The Ukrainian vice-Prime Minster’s plea to freeze Russian crypto accounts met with resistance from major exchanges and the Twitter community. Binance said on Monday, Feb. 28, 2022, that it would not i...
How Ukrainian Entrepreneurs Are Sidestepping The Russian Censors
The front pages of British newspaper on February 27, 2022, in London, England. Russia’s large-scale … [+] invasion of Ukraine has killed scores of civilians and military personnel. (Photo ...
Treasury Revives Russian Sanctions Referencing Crypto
Key Takeaways The U.S. Treasury has published a document suggesting that sanctions against Russia from last year will be expanded upon. Those sanctions originated in an executive order from April 2021...
Russian Ruble Crashes Against Bitcoin Following SWIFT Cutoff
The Russian ruble has lost significant value against both dollars and Bitcoin following sweeping sanctions from western nations, and the cutoff of major regional banks from SWIFT. Citizens are now flo...
Russian Bank Run Begins as Ruble Plunges to Record Low Amid Escalating Sanctions – Bitcoin News
A bank run has started in Russia as citizens rush to withdraw cash amid escalating sanctions. The Russian ruble also nosedived to a record low, plunging more than 30%. “There are about 70 people in li...