Regulatory debates, mining, sanctions dynamics, and Russia’s complex crypto environment.
Cato Institute denounces Senator Warren’s bill to address cryptocurrencies as a tool for evading economic sanctions. The institute compares the bill as having Gucci liable for someone carrying stolen cash in their pocketbook.
ICP founder proposed solution to the Russian war will cost at least $250 million and relies on the country not shutting down its internet.
The possibility of peace in Ukraine brought some short-lived confidence into stocks and futures. Bitcoin, however, resisted a sharp correction.
After the G7 countries decided to strengthen their sanctions against Russia, Japan announced that it is sanctioning Russian crypto IP's and sets an $8.5K penalty to exchanges who don't comply.
Leading crypto payments services provider, MoonPay, has suspended its operations in Ukraine, Russia and Belarus.
A group of senators is introducing a bipartisan bill to prevent Russia from selling its gold reserves. Meanwhile, the U.S. may ban Russian oil imports, without participation of its European allies.
Coinbase reveals that they have been blocking sanctioned individuals and entities since their inception.
Have SWIFT, PayPal, Mastercard and Visa finally exposed the vulnerabilities of centralised finance? Crypto may soon be the only transaction method left in Russia.
Switzerland and Singapore join in the crypto sanctions against Russia as a result of Ukraine invasion, further isolating Russia from the crypto market. Meanwhile, Japan also announces that they are considering crypto sanctions.
