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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
EU Excludes 7 Russian Banks from SWIFT
2.3.2022
The European Commission is also studying whether crypto is being used to circumnavigate Russian sanctions
Animoca Bans Russian Users; Revolut CEO Condemns War, Matches Donations
2.3.2022
Animoca Brands, a digital entertainment company that develops and publishes a wide portfolio of blockchain games, traditional games, and other products, has banned all Russian customers from its services in response to the country's invasion of Ukraine.
The crypto company is ostensibly...
Starlink Terminals Arrive in Ukraine as Elon Musk Makes Good on Promise
2.3.2022
Spacex has managed to deliver Starlink equipment to Ukraine as promised by its founder, Elon Musk. The hardware will provide access to high-speed internet for users in the country, which has been experiencing disruptions in communications as a result of Russia’s military invasion. Ukrainians...
Venezuela Might Be Affected by Russian Banks’ SWIFT Suspension
2.3.2022
Analysts from Venezuela have expressed their worries about the expulsion of a number of Russian banks from SWIFT, an international messaging system that allows the interconnection of banks. These measures could affect the finances not only of Venezuela, but also of other countries in the region...
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...
Airbnb Looking to Support Crypto While Focusing on Free Housing for 100,000 Ukrainian Refugees
2.3.2022
Airbnb confirms that it is looking to support cryptocurrency. The company has also offered to provide housing for up to 100,000 Ukrainian refugees. According to the European Union, about four million people may try to leave Ukraine because of the Russian invasion. Airbnb’s CEO Discusses...
Data Shows Ruble-Denominated Crypto Trading Has Spiked, RUB Represents Over 2% of USDT Trades
2.3.2022
According to reports and data stemming from ruble-denominated crypto trading pairs, Russian citizens are flocking toward cryptocurrencies amid the conflict in Ukraine. Analytical data indicates that the ruble is the sixth most traded pair with tether and tether’s fourth most traded...
Why Crypto Networks Should Preserve Russian Propaganda
1.3.2022
The internet is the information war’s venue
Hacker Group Anonymous Vows to Disrupt Russia’s Internet — RT Websites Become ‘Subject of Massive DDoS Attacks’
1.3.2022
The international hacktivist collective known as Anonymous has vowed to attack Russian government websites over the recent Ukraine invasion. So far Anonymous says that it hacked the Russian Ministry of Defense database and various state-operated television channels in Russia. Additionally,...
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
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...
Ukraine Receives an Answer to Its Request of Banning Russian Crypto Users
1.3.2022
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 major crypto exchange platforms to ban Russian crypto users. The request was made by the Vice Prime...
Russian Crypto Buyers Face Whopping Premiums Amid Economic Crash
1.3.2022
As Russia continues its invasion of neighbor Ukraine, the Russian markets are spiraling out of control, and an increasing share of the country’s population is seeking financial refuge in cryptoassets. This is reflected in the sky-high premiums for those who wish to exchange RUB into bitcoin...
Ukraine Lawyer Says Country Has Received Numerous Russian Wallet Addresses for Crypto 'Blacklist'
1.3.2022
Ukraine also promised a reward for the information, but the exact amount will depend on how much is used for the military resistance
Ukraine Asks Binance, Coinbase, 6 Other Crypto Exchanges to Block Russian Users
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
Bitcoin climbs to $41K and flippens the Russian ruble
28.2.2022
The Central Bank of Russia reported the country's money supply was 65.3 trillion rubles as of Feb. 1 — roughly $629 billion with the recent drop against the U.S. dollar