Russia Crypto News
Learn about the latest Russia blockchain news, events, and companies from CryptoSlate, a leading destination for cryptocurrency and blockchain news.
Russian-Ukraine war could hasten global cryptocurrency adoption, but not in the way you think
Blackrock CEO Larry Fink said the war could accelerate global cryptocurrency adoption. However, Fink isn't referring to decentralized chains.
Selling gas and oil for Bitcoins? This Russian lawmaker thinks so
Avoiding sanctions with gold, yuans, liras...and Bitcoin?
Cato Institute slams Sen. Warren’s sanctions evasion bill: “collateral damage”
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 wants to incentivize Russians to end the war
ICP founder proposed solution to the Russian war will cost at least $250 million and relies on the country not shutting down its internet.
Markets see brief surge amid rumors of peace talks in Ukraine but Bitcoin still holds ground
The possibility of peace in Ukraine brought some short-lived confidence into stocks and futures. Bitcoin, however, resisted a sharp correction.
Russian sanction tightening: G7 intensifies measures and Japan sanctions against crypto usage
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.
MoonPay suspends operations in Ukraine, Russia and Belarus
Leading crypto payments services provider, MoonPay, has suspended its operations in Ukraine, Russia and Belarus.
Bipartisan bill: Lock down Russia’s gold reserves, U.S. may stop oil imports
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 clarifies they were already participating in Russian sanctions
Coinbase reveals that they have been blocking sanctioned individuals and entities since their inception.
Centralised finance cripples Russia as Visa and Mastercard withdraw from country
Have SWIFT, PayPal, Mastercard and Visa finally exposed the vulnerabilities of centralised finance? Crypto may soon be the only transaction method left in Russia.
Pushing Russia out of crypto one country at a time: Singapore, Switzerland and Japan will join in sanctions
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.
Will sanctions force Russia into mining?
Director of Policy and Regulatory Affairs at Elliptic argues that Russia may as well do their own mining to get their hands on some Bitcoin which would help them against the sanctions. Some think so, while others disagree.
New data is showing Russian crypto transaction volume is down dramatically
Crypto transaction volume on Russian exchanges have plunged by 50%. While some crypto analysts believe that Russia could evade the economic sanctions imposed on it through the use of crypto, new data from Chainalysis suggests otherwise.
Reactions against Russia continue: largest South Korean exchanges block Russian IP’s
Leading exchange platforms show differences in their response to Russian invasion of Ukraine. While Coinbase and Binance have refused to join the sanctions, five of South Korea's leading exchange platforms have banned Russian IP's.
Coinbase says it will ban Russian users from its platform only if required by law
In light of recent belligerent sanctions against Russia, cryptocurrency exchanges remain adamant that they won't target Russian citizens.
Ethereum blasted as “trojan horse for tyranny” following MetaMask scandal
MetaMask shoots itself in the foot by blocking "certain jurisdictions," a dig deeper reveals the Ethereum ecosystem is in bed with JPMorgan.
U.S. Department of Justice to set up task force to enforce Russia sanctions
Russian oligarchs are having their properties seized from them due to the sanctions imposed on the country.