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Western Union Suspends Operations in Russia, Belarus Over Ukraine War
12.3.2022
Remittance giant Western Union has joined other financial services companies supporting sanctions in response to Russia’s invasion of Ukraine. The decision will affect customers in the Russian Federation as well as those in Belarus, an ally of Moscow, backing its military operation. Western...
Ukraine Asks Tether to Halt All Transactions With Russians, Tether Demurs
11.3.2022
The vice prime minister of Ukraine earlier Friday took to Twitter to make the request
Chainalysis Launches Screening Tools Designed to Prevent Sanctions Evasion
11.3.2022
Blockchain forensics company Chainalysis is launching two tools that will allow crypto companies to deny sanctioned persons and entities access to their platforms. The move comes amid concerns that Russia may use cryptocurrencies to evade sanctions imposed due to its invasion of Ukraine....
Block’s Bitcoin Wallet Will Contain a Fingerprint Sensor for Transactions
11.3.2022
The payment giant’s new wallet will be powered by a rechargeable lithium polymer battery and USB-C port
Binance Suspends Transactions With Russian Mastercard and Visa Cards
11.3.2022
Crypto exchange Binance has blocked transactions with Mastercard and Visa cards issued in the Russian Federation. The trading platform announced the move after the American payment giants decided to halt operations in Russia over its military invasion of Ukraine. Russians Unable to Use Their...
Buying big? Nearly 30K BTC leaves Coinbase Pro in 3 transactions
11.3.2022
If confirmed, someone could have made a serious commitment to BTC worth over $1 billion
Report: Axie Infinity accounted for nearly two-thirds of blockchain-game NFT transactions in 2021
10.3.2022
In second and third place were sports highlights marketplace NBA Top Shot with $827 million and community gaming platform Loot with $242 million, respectively
Russian Parliament working group: There should be 'mechanisms to control crypto transactions'
10.3.2022
The working group weighed in on the side of the Finance ministry in a call to regulate, not ban crypto
Santander to Offer Loans Backed by Agricultural Commodity Tokens
10.3.2022
Santander is developing the possibility of offering loans backed by tokens that are collateralized in agricultural products. The bank has partnered with Agrotoken, a company that launched a series of agricultural commodity tokens already being used in agriculture-related markets to make...
Bitcoin transaction fees briefly doubled yet remain exceptionally low
9.3.2022
The cost of sending Bitcoin from one address to another has stayed exceptionally low since July 2021 despite spiking in price last week
Cointelli Makes It Easy to Report Coinbase, Binance, and Kraken Transactions to the IRS
8.3.2022
Many crypto exchanges send tax forms to the IRS, each with their own list of supported tokens and info that doesn’t necessarily match up. This can create a lot of confusion for U.S. taxpayers. Luckily, Cointelli can swiftly and reliably create a unified tax report with the push of a button....
Ethereum traders reduce their bullish bets as ETH struggles reclaim $3K
8.3.2022
ETH price is stuck in a rut and these three metrics suggest the downtrend is nowhere near an end
Paypal Joins Other Payment and Remittance Providers Suspending Services in Russia
6.3.2022
A number of payment and remittance platforms, now including Paypal, have restricted access to their services in Russia as western sanctions over Moscow’s invasion of Ukraine continue to expand. Fintech companies have been limiting operations in the Russian Federation also in response...
Singapore to Impose Restrictions on Russian Financial and Crypto Transactions
6.3.2022
In a rare move, Singapore is going to introduce restrictions on certain Russian financial transactions and crypto operations aimed at evading sanctions. The decision comes amid officially expressed concerns that Moscow’s invasion of Ukraine is a threat to the security of small states around...
Russia Proceeds With Efforts to Legalize Crypto Amid Sanctions Over Ukraine
5.3.2022
Authorities in Russia are continuing their work to establish a comprehensive legal framework for crypto transactions. The efforts, which started before the military invasion of Ukraine, go on amid warnings that Moscow may use cryptocurrencies to evade expanding financial sanctions. Expert Council...
China's share in Bitcoin transactions declined 80% post crackdown: PBoC
3.3.2022
China has carried out multiple crypto crackdowns and enforced numerous bans on crypto markets since 2013, however, Chinese traders have always found a way to bypass these bans
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...
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...
US Treasury Prohibits Transactions With Russia's Central Bank
28.2.2022
The U.S. Treasury has prohibited transactions with the Central Bank of Russia and imposed sanctions on a key Russian sovereign wealth fund
Are crypto and blockchain safe for kids, or should greater measures be put in place?
26.2.2022
Age verification and educations around the implications of blockchain technology should be enforced for minors dabbling in the crypto space