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Market Cap of Gold-Backed Tokens Crosses USD 1B as Ukraine War Makes the Metal Shine
16.3.2022
The interest in gold-backed stablecoins is on the rise, with inflows accelerating after the aggression on Ukraine started. Following the surge in adoption, the combined market capitalization of the two dominant tokens – pax gold (PAXG) and tether gold (XAUT) – for the first time crossed the...
Fed Hikes Benchmark Bank Rate for the First Time Since 2018, FOMC Expects 6 More Increases
16.3.2022
On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the ongoing Russia-Ukraine war. Powell announced that the FOMC decided to increase the benchmark bank...
Ukraine's president signs law establishing regulatory framework for crypto
16.3.2022
The country's National Securities and Stock Market Commission will determine policies on digital assets, issue licenses to crypto firms, and act as a financial watchdog
Russian Crypto Miners Brace for Sanctions Fallout Amid Ukraine Conflict
16.3.2022
The ruble’s fall has made mining more profitable in Russia for now, but parts and shipping costs are set to rise
Ukraine's Zelenskyy Signs Virtual Assets Bill Into Law, Legalizing Crypto
16.3.2022
Ukrainian President Volodymyr Zelenskyy legalized crypto in the country, signing into law a bill on virtual assets
Russia Sanctions May Lead More Countries To Consider CBDCs, Ex-Central Banker Says
16.3.2022
Sanctions imposed on Russia as a result of its war in Ukraine could lead more countries to consider digital versions of their own currencies – known as central bank digital currencies (CBDCs) – as a counterweight to the dominant role of the US dollar, a former Bank of Japan (BOJ) executive...
Elliptic Claims Breakthrough in Search for Russsian Crypto Sanctions Evaders
16.3.2022
“Crypto forensics firms” such as Elliptic and Chainalysis appear to be making a name for themselves in the international media – with their blockchain analysis tools allowing them to allegedly make key advances in Western governments’ search for crypto-using Russian sanction evaders....
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Ukraine’s Government Launches Official Website for Cryptocurrency Donations
16.3.2022
The Ukrainian government has launched an official cryptocurrency donation website to raise funds in support of the Ukrainian armed forces and humanitarian aid programs in the fight against Russia. The donation platform is a collaboration between the Ministry of Digital Transformation of Ukraine...
THORChain quietly outperforms crypto market in Q1 — Can RUNE price break $10 next?
15.3.2022
THORChain reveals plans to launch Terra's UST-like native stablecoin and "Thorfi."
Russia Has 'All the Needed Resources' to Create Its Own Crypto Infrastructure, an MP Claims
15.3.2022
Crypto adoption appears to be on the rise in Russia – where lawmakers have suggested the idea of fostering domestic crypto exchanges as an alternative to using international platforms.
Per the Russian Parliamentary Gazette, Aleksander Yakubovsky, an MP and part of the crypto working group that...
Ukraine Launches Crypto Fundraising Site With FTX as Donations Slow Down
15.3.2022
Ukraine's Ministry of Digital Transformation, in cooperation with major crypto exchange FTX and staking platform Everstake, has launched a crypto fundraising site to provide interested users with a convenient portal for donating to Ukrainian causes....
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Blockchain forensics firm finds millions in sanctioned crypto wallet
15.3.2022
Elliptic has discovered a dubious crypto wallet with “significant crypto-asset holdings” in the millions of dollars
Ukrainian government launches crypto donation website with FTX, Kuna and Everstake
14.3.2022
Users have sent more than $48 million USD in crypto to government wallet addresses, roughly 24% of the platform’s $200 million goal
Ukraine Partners With FTX, Everstake to Launch New Crypto Donation Website
14.3.2022
FTX is converting crypto contributions to Ukraine’s war effort into fiat for deposit at the National Bank of Ukraine
Bitcoin could crush Russian ruble by rising another 140%, classic technical setup suggests
14.3.2022
The bullish outlook appears as the Russian central bank imposes stricter capital controls on its citizens, including a ban on using rubles to buy the U.S. dollar
Ukraine War Throws Timing of El Salvador’s Bitcoin Bond Debut into Doubt
14.3.2022
El Salvador may launch its sovereign bitcoin (BTC) bonds as early as tomorrow – but the war in Ukraine may cause disruption to the plans of the President Nayib Bukele-led government.
The 10-year bonds, the government said it hopes, will be worth some USD 1bn, will be backed by taxpayer funds...
Ukrainian Government to Launch an NFT Collection as a 'War Museum'
14.3.2022
The Ukrainian deputy minister of digital transformation, Alex Bornyakov, confirmed that the government will be launching a non-fungible token (NFT) collection, as a historical account of the atrocities currently happening in the country, attacked by Russia.
The Guardian has quoted Bornyakov...
Japanese Crypto Exchanges Told to Block Sanctioned Russians’ Crypto Transactions
14.3.2022
Japan’s top financial regulator, the Financial Services Agency (FSA), and the Ministry of Finance have told domestic crypto exchanges to suspend all transactions with Russians and Belarusians who have been hit with international sanctions.
Per Nikkei and Reuters, Tokyo is moving “in line with...
Ukraine Creates NFTs to Fund Their Struggle Against Russia
14.3.2022
Never seen in history before, decentralized currencies have helped a great deal in Ukraine’s struggle against Russia. While the policies of the world’s countries have been directed towards incapacitating the Russian economy, the charitable activities of the crypto space have helped with...
Elon Musk Won't Sell Bitcoin, Ethereum, Dogecoins as Inflation Soars and Recession Risk Grows
14.3.2022
Tesla and SpaceX founder Elon Musk has reiterated his commitment to holding his stack of bitcoin (BTC), ethereum (ETH), and dogecoin (DOGE) when preaching to his more than 77m Twitter followers about ways to hedge against inflation....
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