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US and EU double down on measures against Russia potentially using crypto to evade sanctions
11.3.2022
"The use of cryptoassets to circumvent economic sanctions is a criminal offence,” said U.K. regulators
Haven Protocol (XHV) shows strong signs of bottoming out after crashing 90%
11.3.2022
The Monero blockchain fork has surged by nearly 100% in the past five days against a rising appetite for privacy-focused cryptocurrencies
Where To Start On That Massive $10 Bundle For Ukraine, Which You Already Got, Right?
11.3.2022
This week’s itch.io-based Bundle For Ukraine, organized by Necrosoft Games, has already raised $4 million for International Medical Corps and Voices of Children, and still has a week to go. It’s bloody wonderful! It also results in everyone having 992 video games, physical games, books, and albums...
Ukraine Tether Trading Volume Sees Strong Growth, Persistent Premiums
11.3.2022
Trading volume in the stablecoin tether (USDT) with Ukrainian hryvnia (UAH) is again seeing strong growth on crypto exchange Binance, with the volume on several days this week reaching and surpassing the level seen on the day the war started....
Read More: Ukraine Tether Trading Volume Sees...
Is the Ukraine war intensifying regulatory pressure on crypto firms?
11.3.2022
Every day, people are seeing “live” why sanctions matter. “Everyone is starting to rethink the importance of compliance and crypto.”
As New Crypto Sanction Screening Tool Launched, Tornado Cash Keeps Mixing and FBI Chimes In
11.3.2022
As the West is trying close all crypto loopholes that help evade sanctions against the aggressor state, Russia, and its ally, Belarus, Chainalysis is rolling out a sanctions screening tool, while crypto mixer Tornado Cash said they are powerless to or don't need to comply with Washington’s...
Bitcoin spikes above $40K as Russia sees 'positive shifts' in Ukraine war dialogue
11.3.2022
Bitcoin shows its penchant for peace once again as hope of a quicker end to hostilities sends BTC price action over $40,000
Bitfinex refuses to freeze crypto belonging to non-sanctioned Russians
11.3.2022
The crypto community stands up for the rights of ordinary Russians amid hundreds of businesses leaving the country, but the final decision is up to regulators
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...
Crypto Exchange Kraken Pledges Over $10 Million to Support Ukrainian Users
11.3.2022
Kraken is planning to hand out more than $10 million in aid for clients affected by the military conflict in Ukraine. The amount covers the fees paid by Ukrainian residents in almost a decade and will also include those withheld from Russian traders in the first half of 2022. Kraken Exchange...
Data Shows US Consumer Prices Hit a 40-Year High, Biden Blames Inflation on ‘Putin’s Aggressive Actions’
11.3.2022
Following the record 7.5% high for January, the U.S. Labor Department’s Consumer Price Index (CPI) data shows February’s CPI metrics rose to 7.9%. The CPI data published on Thursday is a new 40-year high and month over month, inflation jumped by 0.8%. President Joe Biden is blaming...
Chainalysis launches free sanctions screening tools
11.3.2022
Blockchain-data analytics company Chainalysis has announced an accelerated launch of two sanctions screening tools, an on-chain oracle, and an API, to help provide greater regulatory oversight to exchanges and DeFi projects
Is Russia Really About to Cut Itself Off from the Internet?
11.3.2022
Mohiuddin Ahmed, Lecturer of Computing & Security, Edith Cowan University, Paul Haskell-Dowland, Professor of Cyber Security Practice, Edith Cowan University.
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The invasion of Ukraine has triggered a significant digital shift for Russia. Sanctions imposed by governments around the world...
Russia May Legalize Software Piracy As Tech And Game Companies Continue To Pull Out
10.3.2022
The Russian government is looking to legalize at least some software piracy to help its citizens get around the growing list of tech, gaming, and software bans that the country faces due to its ongoing and destructive invasion of Ukraine. It seems Russian leaders and lawmakers are preparing to live...
FBI director: Russia overestimates its ability to bypass US sanctions using crypto
10.3.2022
Christopher Wray cited the FBI's recent work in seizing large amounts of crypto as evidence there were vulnerabilities in using digital assets to get around sanctions
Gold-backed cryptos are shining in 2022, market cap hits $1B for the first time
10.3.2022
PAX Gold did most of the weightlifting in pushing the gold token market cap above the $1 billion-milestone, outperforming Tether Gold
Goldman Sachs Leaves Russia, Reportedly Set to Increase Crypto Focus
10.3.2022
Investment banking giant Goldman Sachs is reportedly stepping up its work on crypto by exploring whether it should offer over-the-counter (OTC) crypto options. The news came as the firm said it is leaving Russia, becoming the first major Wall Street bank to do so after the war in Ukraine...
Report: Estonian Prime Minister Calls for Restriction of Cryptocurrencies
10.3.2022
The Prime Minister of Estonia has said cryptocurrencies must be restricted in order to address loopholes that may be used by sanctioned Russian entities to evade the punitive measures. In addition, the premier wants all Russian as well as Belarusian banks to be removed from the global payment...
Sony to Stop Selling Products in Russia Amidst Conflict
10.3.2022
Wars and invasions have never led to prosperity that one can cherish for their entire life. The Russia-Ukraine conflict is no different and falls on the same line. It has forced many people to leave their homes and turn to the life of a refugee. While many have volunteered to join the Ukrainian...
EU Targets Crypto Assets in Widened Sanctions Against Russia, Belarus
10.3.2022
The European Union is extending the scope of sanctions introduced in response to Russia’s invasion of Ukraine, with the latest agreement between member states specifically mentioning crypto assets. Russian oligarchs, senators and Belarusian banks have been targeted. Europe’s Sanctions...