Cryptocurrency Analysis and News Portal
Authorities in Russia may begin to seize funds of foreign nationals and companies that are in the country, former Russian President Dmitry Medvedev has indicated. His warning comes as the West continues to expend penalties imposed on Moscow over its military invasion of neighboring Ukraine. Medvedev Warns Persons and Entities From
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Putin Puts Russia Nuclear Forces on High Alert Following Sanctions Original Source
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Russia could turn to cryptocurrency if it is banned from the SWIFT payments system. Analysts have warned that if Russia is able to use crypto to evade sanctions, “political support in the U.S. for crypto will fall and regulatory risk will rise.” Crypto Faces Regulatory Risks if Used by Russia to
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Cryptocurrency donations have poured into a nonprofit organization that provides support to Ukrainian soldiers after Russia launched a large-scale attack on Ukraine. More than $5 million in bitcoin has already been raised. Meanwhile, the group’s fundraising page on Patreon has been abruptly removed. Crypto Donations Soar After Russia Invaded Ukraine One
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Christine Lagarde, president of the European Central Bank (ECB), has called on lawmakers to approve a regulatory framework on crypto, hinting at potentially preventing Russia from getting around economic sanctions.Speaking to reporters at an informal meeting of economics and finance ministers on Friday, Lagarde said the European Central Bank would
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If it were cut off, Russia could also transfer some international financial activity to crypto networks. According to Banco Santander, Russia’s import/export flows total around $570 billion annually, a volume that could be accommodated with relative ease on the Bitcoin network. According to CoinDesk data, Bitcoin processes $20 billion in
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Rudd Feltkamp, CEO of crypto trading bot Cryptohopper, has a different view, reminding that markets generally do a good job of discounting big news. “If you look at major historical events and how the stock markets react, there is not an extremely large action/reaction,” he told CryptoX in an email.
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Some observers said Fed's tightening cycle is likely to be much shallower than expected. Source
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The pool is possibly the first of its kind to cut services to Russian users. Source
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Bitcoin (BTC) and altcoin trading volumes have surged at a major Ukraine cryptocurrency exchange in the aftermath of Russia's invasion, data shows.According to monitoring resource CoinGecko, on Feb. 24, volume at Kuna almost trippled to over $4 million.Crypto on the radar of UkrainiansAs the armed conflict with Russia began, the
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