Russia Invades Ukraine: Impact on the Markets
Russia attacks Ukraine... Here's everything you need to know about what it means for crypto markets and the digital-asset industry. Original Source
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President Biden Announces Technology Export Controls, Bank Sanctions Against Russia
The U.S. will freeze assets at Russia's largest banks kept in the U.S., including VTB Bank, a state-owned entity and Russia's second-largest bank, as well as Sberbank. Similarly, the U.K. announced earlier on Thursday it would freeze any British-based assets belonging to VTB. The European Union is similarly freezing Russian
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Russia Can Avoid Sanctions By Using A Wide Range Of Cryptocurrency Tools
As the Biden administration slaps economic sanctions against Russia to contain the crisis in Ukraine, Russia is using various cryptocurrency tools to maintain access to foreign capital. As Russia attacked Ukraine, cryptocurrency prices fell sharply. On Thursday morning, Bitcoin prices declined to more than 8%, to settle at $34,702.18, marking its
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Crypto Won’t ‘Fix This’ for Russia After US Expands Sanctions Over Ukraine Invasion
“We've seen that in the past with sanctions, you've got examples where wallet addresses have been named as sanctioned entities, and that allows Chainalysis to put in place alerts for our customers, whether they be government or from industry,” Malcolm said. “So that if they have transactions, which you know,
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Traders Prefer Gold, Fiat Safe Havens Over Bitcoin as Russia Goes to War
Dibb added that the combination of war, supply constraints, booming commodity prices and zero rates is a textbook recipe for stagflation. While the crypto community still strongly considers bitcoin as a better store of value, past data shows the cryptocurrency is predominantly a risk-on inflation hedge, meaning it outperforms other
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Russia to Restrict Crypto Trading to Licensed Platforms, Certified Wallets
Russia to Restrict Crypto Trading to Licensed Platforms, Certified Wallets Original Source
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Crypto Market Capitalization Slumps to $1.5T as Russia Attacks Ukraine
“The aggravation of tension around Ukraine exerted pressure on risky assets,” said Alex Kuptsikevich, a financial analyst at FxPro, in an email to CoinDesk. “There are growing risks of escalation associated with the introduction of Russian troops into Donbass. In such a situation, risky assets may continue to decline further.” Original
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Russia to seize retail deposits if sanctions go too far, official warns
In the event of harsh Western sanctions as Russian forces invade Ukraine, retail customers could be at risk to lose their savings.Russians’ savings could be confiscated in response to sanctions against the country, according to Nikolai Arefiev, a member of the country's Communist Party and vice-chairman of the Duma’s committee
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Canada, Russia and Crypto’s Place in the World
Among the most severe tools in the U.S. and NATO’s arsenal would be cutting Russia off from SWIFT, the financial communications network underpinning transactions worldwide. Over the past few years, we’ve been hearing more and more that some countries – namely, Russia and China – are looking to either create
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Bitcoin in Stasis Near $37K, Gold Extends Gains as Russia Starts Ukraine Invasion
In tense situations, investors prefer gold and oil than riskier assets like stocks and crypto. Source
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