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US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions
2.3.2022
Jerome Powell said that the situation with Russia "underscores the need for really congressional action on digital finance, including cryptocurrencies."
EU will cut off 7 Russian banks from SWIFT, with ordinary Russians facing consequences
2.3.2022
Inflation in the eurozone soared to 5.8% in February, well above the European Central Bank’s 2% target, amid a backdrop of escalating sanctions against Russia
Russian Consumers, Firms Feeling Impact of Sanctions as Ruble Keeps Diving
2.3.2022
Ordinary Russians are increasingly starting to feel the bite of Western-led sanctions, media reports from inside the country have indicated.
The ruble fell once again today and, at the time of writing, is worth around USD 0.0090, or 26% less than on the day of the invasion of Ukraine (February...
Top Russian Bank Quits Europe, Citing Sanctions: Report
2.3.2022
Sberbank, one of Russia's largest state-controlled banks, is dropping out of almost all European markets citing Western sanctions
Experts reject concerns Russia will use crypto to bypass sanctions: 'Totally unfounded'
2.3.2022
Blockchain Association's Jake Chervinsky believes politicians should not be worried that Russia may use crypto to get around economic sanctions because it is not feasible at the scale required
Hillary Clinton Urges Biden Administration to Pressure Crypto Exchanges to Block Russian Users
2.3.2022
Former presidential candidate Hillary Clinton has criticized the Biden administration and European governments for not pressuring cryptocurrency exchanges to end transactions with Russian users. She believes regulators “should look hard at how they can prevent the crypto markets from giving...
Russian Sanctions May Test Crypto's Proposition
1.3.2022
A coalition of countries including the U.S. and European Union want to freeze the Russian central bank’s international reserves and lock (some) Russian banks out of the global financial system
3 reasons why Bitcoin price rallied toward $45K entering March
1.3.2022
The gains accompanied a sharp overnight spike in the number of Bitcoin whale addresses
Coinbase ‘Will Not Institute a Blanket Ban’ on All Transactions Tied to Russian Crypto Addresses
1.3.2022
The popular cryptocurrency exchange Coinbase has addressed the request from Ukrainian officials to freeze the accounts of all Russian users. A Coinbase spokesperson noted that the digital currency platform would not “institute a blanket ban” against ordinary Russian users. Coinbase...
Ukraine Now Takes Polkadot, Says It Will Accept Other Coins Soon
1.3.2022
Having already raised millions of dollars in major cryptocurrencies like bitcoin, Ukraine is now receiving donations in polkadot as well. The country intends to expand the list of accepted coins as it increasingly relies on help from the crypto community to fund its defense against Russia. Ukraine...
First Mover Asia: The Petroyuan Is No Russia Sanctions Buster; Bitcoin 15% Gain Is Largest in a Year as Investors See Opportunity for Crypto
1.3.2022
US Treasury Dept lists digital currencies as part of effort to sanction Russia’s government
28.2.2022
The Treasury Department guidelines equated crypto transactions to “deceptive or structured transactions or dealings” in attempting to evade U.S. sanctions
Russia Sanctions Present ‘Dramatic Testing Moment’ for Crypto Exchanges
28.2.2022
US Treasury Department Formally Adds Crypto Rules to Russian Sanctions Guidance
28.2.2022
U.S. officials also hope crypto exchanges will block sanctioned individuals regardless of where they're headquartered
Russian Bank Run Begins as Ruble Plunges to Record Low Amid Escalating Sanctions
28.2.2022
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 line. Eyewitnesses say the money in the ATM runs out within 40 minutes.” Russians Rush...
Ukraine Asks Crypto Exchanges to Freeze Accounts of All Russian Users — Major Exchanges Deny Request
28.2.2022
The vice prime minister of Ukraine has asked all major cryptocurrency exchanges to freeze accounts of all Russian users. However, some crypto exchanges have already denied the request. Binance confirmed it is “not going to unilaterally freeze millions of innocent users’...
Crypto exchanges consider Ukraine’s call to freeze Russians’ Bitcoin
28.2.2022
As some platforms freeze accounts linked to Russia and Belarus, Binance said it will not block innocent Russians' crypto assets
Ukraine Targets Russian Politicians’ Crypto Wallets as Russian Banks Are Cut From SWIFT
28.2.2022
Ukraine is now trying to expose cryptocurrency wallets used by politicians in Moscow amid warnings that Russia may employ digital coins to circumvent sanctions. The initiative comes as western allies agree to expel some Russian banks from SWIFT, the global interbank payments system. Government...
Putin Puts Russia Nuclear Forces on High Alert Following Sanctions
27.2.2022
Russia May ‘Nationalize’ Foreign Assets in Response to Western Sanctions, Medvedev Says
27.2.2022
Authorities in Russia may begin to seize funds of foreign nationals and companies that are in the country, former Russian President Dmitry Medvedev has indicated. His warning comes as the West continues to expend penalties imposed on Moscow over its military invasion of neighboring Ukraine....