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How crypto execs react to economic sanctions against Russia?
4.3.2022
Most companies in the United States and other Western nations are no longer allowed to conduct business or exchange money with Russian banks
Russian Oligarchs Unlikely to Use Crypto to Dodge Sanctions - Coinbase CEO
4.3.2022
The heads of some of the world’s biggest centralized crypto exchanges (CEXes) have hit back against critics who claim crypto could be used by Russian oligarchs attempting to evade Western sanctions. However, the exchanges will abide by the law in case there's a ban on all Russian users. ...
Crypto Allows Ukraine to ‘Operate Internationally,’ Official Says
4.3.2022
Amid ongoing hostilities with advancing Russian forces, Ukraine has been increasingly relying on cryptocurrency donations to solve humanitarian problems and finance its defense efforts. Crypto helps the country to receive and quickly distribute money and operate internationally, a high-ranking...
Russian crypto volume across major exchanges plunges by 50%
4.3.2022
Despite an increase in economic sanctions on Russia, the amount of crypto being purchased in rubles across major exchanges continues to fall
Billionaire Bill Miller Shares Current Crypto Outlook: ‘It’s Very Bullish for Bitcoin’
4.3.2022
Veteran investor and fund manager Bill Miller explains why he thinks that it is currently “very bullish for bitcoin.” Miller noted that Russia has almost 50% of its reserves in currencies that are controlled by people who want to do them harm. Bill Miller’s Crypto Outlook:...
OpenSea updates banned countries list sparking decentralization debate
4.3.2022
The world’s largest NFT marketplace has confirmed that it blocks users based on the U.S. sanctions list
US Treasury Monitoring Crypto Use to Evade Sanctions, Says Treasury Secretary Yellen
4.3.2022
U.S. Treasury Secretary Janet Yellen says the Treasury Department is monitoring Russian efforts to evade sanctions using cryptocurrency. Four U.S. senators have written to Yellen raising concerns about Russia using cryptocurrency as a channel to circumvent sanctions. Treasury Secretary Janet Yellen...
First Mover Asia: China to Widen Test of Digital Yuan as Russia Invasion Spotlights Crypto’s Potential Role; Cryptos Decline
4.3.2022
The country is close to approving trials of the central bank digital currency in a number of cities and regions; bitcoin and ether drop as risk-on appetite fades
Monetary Weapons: 4 Lessons from Canada and Russia
4.3.2022
Ukraine’s Cyberpolice Force Starts Accepting Cryptocurrency Donations
3.3.2022
As Ukraine is increasingly relying on crypto donations, its Cyberpolice force has also decided to seek help from the crypto community in the country and abroad. The unit now takes various cryptocurrencies to support law enforcement agencies and acquire essential supplies. Cyberpolice...
Ukraine DAO raises over $6M via NFT sale to aid Ukrainian citizens
3.3.2022
One week into the Russia-Ukraine conflict, the team behind Ukraine DAO announced their efforts will go to local NGO, Come Back Alive
While the Fed Monitors the ‘Ukraine Situation Closely,’ Powell Still Expects a Series of Quarter-Point Rate Hikes
3.3.2022
Federal Reserve chairman Jerome Powell still expects to see interest rate hikes starting in March, but the Fed chief further stressed that the central bank will “need to be nimble.” In remarks prepared for members of U.S. Congress, Powell discussed the Russian invasion of Ukraine...
Gaming Giant Animoca Brands Reveals Ban Against Russian Users, Co-Founder Compares Russia to North Korea
3.3.2022
Blockchain gaming firm Animoca Brands has revealed the company is breaking ties with Russian users following the Ukraine invasion that started seven days ago. Animoca Brands co-founder Yat Siu noted in an interview that the company received legal advice about the situation and the Animoca executive...
Cut Central Bank out of Russian Crypto Regulation Picture, Urges Lawyer as Ukraine War Rages On
3.3.2022
The time has come to fast-track crypto mining regulation, a leading Russian lawyer has advised – even if this means removing the Central Bank from the equation....
Read More: Cut Central Bank out of Russian Crypto Regulation Picture, Urges Lawyer as Ukraine War Rages On
Ukraine cancels token airdrop, reveals new NFT plans
3.3.2022
Ukraine has received nearly $40 million in crypto donations, out of which almost $7 million came after the announcement of the now-canceled airdrop
Bitcoin a 'good bet' if Fed continues easing to avoid a recession — analyst
3.3.2022
The statement appears as Jerome Powell keeps the door open for a 0.5% rate hike in the summer and Fitch Ratings warn about a major slash in the U.S. gross domestic product (GDP)
Anti-war Russians start donating crypto to support Ukraine
3.3.2022
Crypto could be one of few ways for Russians to help Ukrainians as any identified assistance to Ukraine is considered as high treason by the Russian state
Washington, Europe Vow to Target Russian Crypto Sanctions Evasion Efforts
3.3.2022
The next round of sanctions against Russia and wealthy individuals based in the country could target crypto and crypto exchanges, with Washington already taking aim at those hoping to secure their funds by making bitcoin (BTC) and altcoin buys....
Read More: Washington, Europe Vow to Target...
US Senator Urges Regulators to Increase Scrutiny on Crypto as It Risks Undermining Sanctions Against Russia
3.3.2022
U.S. Senator Elizabeth Warren is worried that “cryptocurrencies risk undermining sanctions against Russia.” She urges financial regulators “to take this threat seriously and increase their scrutiny of digital assets.” Senator Elizabeth Warren Worried Russia Could...
New York state ramps up blockchain monitoring to enforce sanctions
3.3.2022
Blockchain analytics will help ensure that NY-licensed companies don’t send money to sanctioned Russians