Russia contemplates allowing crypto for international payments
While the Russian government is looking to adopt crypto for international payments, the Central Bank and Finance Ministry are yet to reach a consensus on crypto regulation.
Russian minister says crypto to become means of payment ‘soon’
Russian government agencies are yet to agree on whether crypto should be regulated or banned.
Coinbase to shut down some Russian accounts due to EU sanctions
Coinbase has asked select users to provide documents that prove they are not subject to EU sanctions before May 30.
Reports emerge of how Russian agency made Binance reveal its clients data
A Reuters report stated that Russia requested for information concerning the country’s opposition leader from Binance.
Binance to restrict services to Russia following EU sanctions
Binance's latest restrictions target Russian citizens and entities that hold over $10,885 in their crypto wallets.
Russia to legalize crypto as means of payment
Russia's Ministry of Finance is working on draft regulations that will legalize crypto as a payment method.
Belarusian crypto exchange stops trading for Russians over war in Ukraine
The Belarusian crypto exchange Currency.com announced on Tuesday they will put a halt on trading on behalf of Russian citizens following Russia’s invasion and war in Ukraine.
No data backs Russia’s PM statement of “10 trillion rubles spent on crypto”
No data backs the Russian PM statement of Russians spending around 10 trillion rubles on crypto.
Bitcoin drops below $44k as crypto follows stock market sell off
Continued global unrest may be a crucial factor in a sell-off affecting both stocks and crypto as the chance of Russia defaulting rises to 99%
Binance CEO says Russia cannot use crypto to evade sanctions
Changpeng Zhao claims Binance adheres to the sanction rules but considers banning freezing the assets of all Russian users illegal.
Is the Russian-Ukrainian conflict a long-term threat to cryptocurrency?
The armed conflict between Ukraine and Russia is likely to have consequences that stretch beyond the military level, with its effects already being felt throughout the crypto space.
Allegations Alameda Research is manipulating $WAVES shut down as ‘bullshit conspiracy’
An address linked to Alameda Research shows borrowing and selling activity which some say is responsible for the $WAVES downturn — a claim denied by its CEO.
Ukraine raises over $600K via NFT sales to rebuild cultural sites
Ukraine intends to use the proceeds from its NFT sales to rebuild museums, theatres and other cultural and heritage sites that have been destroyed amid its war with Russia.
VanEck predicts Bitcoin would be worth at least $1.3 million if considered global reserve currency
Bitcoin value would be between $1.3 million to $4.8 million if it becomes the global reserve currency, according to VanEck
U.S. warns crypto firms against helping Russia: “We will hold you accountable”
Authorities in the US appears convinced that Russia could use cryptocurrencies to evade sanctions.
Report: Russians do not evade sanctions using crypto says Chainalysis
What many have suspected, but was difficult to actually prove, has now been confirmed by crypto cybercrime experts Chainalysis: There is no evidence, whatsoever, that sanctioned Russian entities are using crypto to evade sanctions.
Bitcoin acts as an inflation hedge, rises by 35% since start of the Russian-Ukraine war
Crypto analysts have opined that the current price performance of Bitcoin makes it hard for anyone to be bearish.
IMF’s conflicting views on sanctions, dollar reserves, and the dangers of Bitcoin
The IMF's managing directors want a strong dollar and sanctions, but fear the potential use of Bitcoin in the global financial system.