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Binance to No Longer Process Visa and Mastercard in Russia


Russia’s decision to invade Ukraine is now turning out to be very costly. In addition to sanctions imposed on Russia, the country is also witnessing financial isolation from the rest of the world. The two major players who suspended their services in the country are Mastercard and Visa. This...

US Lawmakers Introduce Bill to Sanction Russia’s Gold


Four U.S. senators are introducing a bill to place sanctions on Russia’s gold. “This legislation would deter the purchase of Russian gold and close this loophole that allows the Russian Federation to soften the financial impact of sanctions,” the senators explained. “By...

Crypto Trading in Russia Rises Again as Price Discounts Emerge


  Trading in bitcoin (BTC) and the stablecoin tether (USDT) is once again rising in Russia, with trading volume on both coins on Monday breaking their highs from the start of the war in Ukraine. Meanwhile, price discounts have emerged on Russian ruble (RUB) trading pairs, while Ukrainians...

Twitch Withholding Payments For Russian Streamers


Twitch joins the list of international companies sanctioning Russia over its illegal invasion of Ukraine, telling streamers that it would be withholding payments. “Payouts to the financial institution associated with your Twitch account have been blocked as a result of sanctions,” read an email...

'Russian Ethereum', Waves, Almost Triples Since Ukraine War Began


  The WAVES token, issued by the protocol with ties in Russia, is close to a 3x price gain in a matter of just two weeks after it rallied right after Russia invaded Ukraine. The massive gains also follow crypto exchange Binance integrating the token into its Loans platform last week, and a...

Coinbase to Block 25,000 Crypto Addresses That Are Linked to Russia


Many countries have imposed sanctions on Russia after it declared war on Ukraine. These are ultimately crippling the financial ecosystem of Russia, making its economy bleed more than it can take. Visa and Master, for instance, have suspended their services. This has left entire Russia dependent...

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