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Nalezeno "Ukraine war": 260

Russian Finance Ministry Rules Out Sale of Oil for Bitcoin

20.6.2022
The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto...

Russia Developing Sandbox for Cross-border Crypto Payments

15.6.2022
An institute facilitating Russian exports is now working on the establishment of a sandbox for international crypto payments, local media reported. The goal is to identify potential regulatory and technological challenges for settlements with digital assets. Russia Prepares to Test Crypto Payments...

Lithuanian Government Approves Stricter Crypto Regulations

11.6.2022
The government in Vilnius has approved amendments introducing more stringent regulations for the country’s growing crypto space. The legislation is aimed at managing risks associated with crypto assets and preventing Russian attempts to circumvent Western sanctions imposed over the war...

Bank of Russia Steps Up Efforts to Issue Digital Ruble Due to Sanctions

29.5.2022
The Central Bank of Russia (CBR) has accelerated the development of its digital ruble in response to Western sanctions. The monetary authority now intends to pilot transactions with the new version of the national fiat in early 2023 instead of 2024, as originally planned. CBR to Launch...

Russia Considers Using Cryptocurrencies for International Settlements

28.5.2022
Authorities in Russia are mulling over the possible use of digital currencies for international payments, a high-ranking official from the finance ministry has indicated. If recognized as property, he noted, cryptocurrency can be utilized in barter deals with foreign partners. Finance Ministry...

Ukrainian Eurovision Winner Sells NFTs in Support of Ukraine’s Defense

25.5.2022
  Kalush Orchestra, the Ukrainian winner of this year’s Eurovision Song Contest, will sell non-fungible tokens (NFTs) featuring a microphone and the name ‘Kalush Orchestra’ in support of Ukraine’s national defense against the Russian invasion.... Read More: Ukrainian Eurovision Winner Sells NFTs...

Ukrainian Devs Moving To 'Safer Areas' With Grant Money

19.5.2022
Frogwares, a Ukrainian studio known mostly for their Sherlock Holmes games, have somehow kept working through Russia’s unprovoked invasion of their country. And now, thanks to a large injection of cash, they’ll be able to keep on doing that.Read more

Russians Based Abroad Say They Can’t Withdraw Funds from Binance

16.5.2022
  Russian users – even some not located in the aggressor state of Russia – are complaining that they are having problems using the crypto exchange Binance. The Telegram-based Russian financial news channel Banksta reported that the Binance exchange had “decided to punish Russians, regardless...

Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions

12.5.2022
Russia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the Russian government to circumvent international restrictions. Bitriver Rejects...

Independent Russian News Site Meduza Raises Over $200,000 in Crypto

11.5.2022
Pressure from the Kremlin and sanctions from the West have forced Russian news outlet Meduza to increasingly rely on cryptocurrency donations to fund its independent journalism. As the restrictions imposed over Moscow’s invasion of Ukraine have prevented its Russian readers from contributing...

Ukraine's New Fundraising Platform Supports Over 100 Cryptos

9.5.2022
Ukraine's President Volodymyr Zelenskyy has launched a new fundraising platform, dubbed United24, which accepts donations in more than 100 different cryptoassets. The list of supported cryptoassets ranges from popular cryptos like bitcoin (BTC), ethereum (ETH), binance coin (BNB), to recently...

Moody’s: Cryptocurrencies Unlikely to Help Russia Evade Sanctions

7.5.2022
Russia’s ability to employ cryptocurrencies to circumvent international sanctions is restricted by the limited size of the crypto market, according to Moody’s. Despite increased use in small transactions, low liquidity is another factor preventing Russians from exploiting the utility...

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