Places Russia

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.

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.

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.

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.

In light of recent belligerent sanctions against Russia, cryptocurrency exchanges remain adamant that they won't target Russian citizens.

MetaMask shoots itself in the foot by blocking "certain jurisdictions," a dig deeper reveals the Ethereum ecosystem is in bed with JPMorgan.

Russian oligarchs are having their properties seized from them due to the sanctions imposed on the country.

CZ speaks to Bloomberg about Russian sanctions, but the intense line of questioning and interviewer's word association show strong media bias in favor of a blanket ban.

Bitcoin has seen a strong recovery from the lows last week, and BTC trading flat the past 24 hours. Traders and markets attention is now fixed on the war in Ukraine, while not many are looking at macro economy and inflation.

Can the Russian regime and elite use crypto to evade sanctions? This is a heated debate among people in crypto, the media and some politicians. The answer according to crypto lawyer Jake Chervinsky is no.

Clients of some sanctioned Russian banks are unable to deposit fiat or buy crypto on Binance.

Bitcoin’s valuation has surpassed that of the Russian Ruble and also institutions like JPMorgan, Meta and others.

American financial newspaper Barron's argues sanctions on Russia worked in favor of Bitcoin as it may have decoupled it from the traditional stock market.

Sanctions bite leading to the collapse of the ruble. Data suggests Russians are turning to Bitcoin to protect themselves from the fallout.

As donations are pouring into various charities to support Ukraine, people are lining up to contribute. In a rather criticized tweet, Gavin Wood, co-founder of Ethereum, and founder of Polkadot, offers $5 million to Ukraine under the condition they post a DOT address.

As Western countries have agreed on imposing restrictions cutting off Russian banks from the SWIFT global payment system, affected Russian banks are “picked carefully” to minimize potential energy crises.