Key Takeaways: -Coinbase CEO Brian Armstrong reassured the Russian commonfolk that the exchange will continue operating in the country. – However, if the US government seeks to impose a blanket ban, the exchange would have to follow the same. -“We…
New York Governor Kathy Hochul announced actions yesterday. The actions to strengthen the Department of Financial Services’ enforcement of sanctions against Russia include expediting additional blockchain analytics technology procurement. Follow us on Google News New York Governor Kathy Hochul announced…
Key Takeaways: Airbnb is offering a free stay for 100,000 Russian refugees. Visa and Mastercard have blocked Russian financial institutions from their network. Since the Russian invasion of Ukraine, the latter has been receiving immense support from around the world.…
The value of Ruble-denominated Bitcoin has rose to 1.5RUB, as investors run to move out of the ruble. Ukraine sent letters to crypto exchanges to stop providing service to Russia, to which Coinbase didn’t comply. Yesterday, the market witnessed the…
Russia’s ruble crashes early morning by 40% against US dollar. Russia bans foreign trading hours. The sanctions put on $640 billion of Russia is causing a strain on the national currency. Follow us on Google News Russia’s invasion of Ukraine…
In retaliation for the Russian invasion on Ukraine, the US and Europe are set to cut off Russia. Banks from SWIFT (Society for Worldwide Interbank Financial Telecommunication) which would create would further introduce obstacles on the path of Russian banks…
At a dark time when the Ukrainian citizens have gotten a cold shoulder as their bank accounts are being frozen, they find solace in the world of crypto. As the Ukrainian Central Bank puts a cap on cash withdrawals and…
Follow us on Google News The Russian central bank announced on Thursday that a local subsidiary of Swiss-based blockchain platform Atomyze has been granted a license to issue and exchange digital financial assets, making it the first company in Russia…
Key Takeaways: The Russian internal intelligence service (FSB) reported that 14 alleged members of REvil were raided at 25 residences across Moscow, St Petersburg, Leningrad, and Lipetsk. Russian authorities seize $5.5 million, $600,000 in US money, and 500,000 Euros from…
Follow us on Google News Key takeaways: As a result of a law permitting regional authorities to limit the electrical energy supplied at favourable rates, Russians mining cryptocurrency at home may face increased electricity bills. According to the Russian business…
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