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'Russian Ethereum', Waves, Almost Triples Since Ukraine War Began
8.3.2022
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...
Bitcoin stuck under $40K, but BTC price hits another all-time high vs. Russian ruble
8.3.2022
There are few winners among Bitcoin hodlers this week, as stocks get squashed while commodities run wild
Coinbase Blacklists Over 25,000 Crypto Addresses Tied to Russian Individuals and Entities
7.3.2022
The cryptocurrency exchange Coinbase has addressed the company’s procedures toward complying with sanctions in a blog post published on Sunday. The crypto firm says that respecting sanctions plays a “vital role in promoting national security” and the acts can help deter...
Microsoft, Activision Blizzard, Ubisoft And Epic Games Join Legions Suspending Russian Sales
7.3.2022
This weekend, Activision Blizzard, Microsoft and Epic Games announced that they were suspending their services in Russia, due to the ongoing invasion of Ukraine. They join big names like Netflix, EA Games and CDPR in essentially boycotting the country over its illegal war.Read more
Coinbase to Stall Banning of All Russian Client’s
7.3.2022
The Western front is uniting to force an economic war on Russia as it has been trying to invade Ukraine for the last couple of weeks. Ever since the war was declared, the mobility of cryptocurrencies has increased in Eastern Europe. Both governments and people alike are using cryptocurrencies like...
Report: LBMA Asks 6 Russian Gold Refiners if They Have Ties to Sanctioned Entities
7.3.2022
The London Bullion Market Association (LBMA) said it wants six accredited Russian gold refiners to clarify if they have commercial ties with sanctioned Russian entities. The association’s request comes a few days after it revoked the membership of three sanctioned Russian banks. LBMA...
Report: Official Says Switzerland May ‘Target’ Crypto Assets Belonging to Sanctioned Russians
7.3.2022
Neutral Switzerland may target crypto assets within its territory that belong to sanctioned Russian entities, a report has said. The report quotes an official who explains that the move is designed to protect the integrity of the country’s cryptocurrency industry. The official, however...
Russian Banks Look to China’s UnionPay after Visa, Mastercard Freezout
7.3.2022
The American payments heavyweights Visa and Mastercard, as well as the card issuer American Express, have suspended their operations in Russia – joining an increasingly lengthy list of firms severing their trade links with the country. But Russian banks have indicated that they may look...
Visa and Mastercard Suspend Operations in Russia as Part of Sanctions Over Ukraine
7.3.2022
The world’s leading payment processors Visa and Mastercard have joined sanctions against Russia over its military invasion of Ukraine. The American companies announced suspension of operations in the Russian Federation although Russians will be able to use their cards inside the country....
Binance, Coinbase Explain Why Cryptocurrency Won’t Help Russia Evade Sanctions
7.3.2022
The chief executives of two major cryptocurrency exchanges, Binance and Coinbase, do not believe that cryptocurrency is an effective tool to help Russia evade Western sanctions. CEOs of Binance and Coinbase Say Crypto Not Useful at Evading Sanctions Since Russia began its invasion of Ukraine...
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...
Bitcoin Is Helping Both Sides in Ukraine War, But It Won’t Wreck Russian Sanctions
6.3.2022
Gavin Brown, Associate Professor in Financial Technology, the University of Liverpool._____
War is expensive. The United States spent about USD 1.1tn on the 2003 Iraq war in today’s money, while the Falklands war cost the UK the equivalent of about GBP 2.6bn (USD 3.4bn). ...
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Japan Looks to Stop Sanctioned Russian Entities From Transferring Crypto Assets
6.3.2022
As financial authorities around the world continue to target sanctioned Russian entities, regulators in Japan along with the country’s crypto association are attempting to find and close gaps that may be used to circumvent sanctions. The two bodies, however, have said they are not discussing...
Elon Musk Says Starlink Will Not Censor Russian News Sources Despite Government Requests
6.3.2022
Spacex CEO Elon Musk says that Starlink has been told by some governments to block Russian news sources. However, he affirmed, “We will not do so unless at gunpoint.” Elon Musk Refuses to Censor Russian News Sources Spacex and Tesla CEO Elon Musk tweeted early Saturday morning that...
Rich Dad Poor Dad’s Robert Kiyosaki Advises Investors How to Profit From Inflation
6.3.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has given some advice on how to profit from inflation. Bitcoin is part of his strategy. He also praised the Ukrainian government for standing up to Russian President Vladimir Putin. Robert Kiyosaki on Profiting From...
Visa, Mastercard Join PayPal in Suspending Russian Operations
6.3.2022
The payment processors cited Russia's invasion of Ukraine in announcing the move on Saturday
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...
G7 Countries, EU Taking Measures to Prevent Crypto Use to Evade Sanctions
5.3.2022
G7 countries and the European Union are examining ways to stop the use of cryptocurrency by Russia to evade sanctions. “We should take measures to prevent listed persons and institutions from switching to unregulated crypto assets,” said Germany’s minister of finance. G7 and...
‘Big Four’ South Korean Crypto Exchanges Say They’ve Blocked Russian Users
5.3.2022
All four major South Korean crypto exchanges say they will block users with Russian IP addresses “in line with sanctions” – despite the fact that their overseas counterparts have ruled out making such a move without direct instruction from governments....
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