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Ally or suspect? The war in Ukraine as a stress test for the crypto industry

It has been two weeks since Russia kicked off the first large-scale military action in Europe in the 21st century — a so-called “special operation” in Ukraine. The military conflict immediately triggered devastating sanctions against the Russian economy from the United States, the European Union and their allies and has

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Western Union Suspends Operations in Russia, Belarus Over Ukraine War – Bitcoin News

Remittance giant Western Union has joined other financial services companies supporting sanctions in response to Russia’s invasion of Ukraine. The decision will affect customers in the Russian Federation as well as those in Belarus, an ally of Moscow, backing its military operation. Western Union Condemns Invasion of Ukraine, Halts Services in

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Ukraine Crypto Trading rose by 107% since the Russian-Ukraine Conflict. Is the war bolstering crypto adoption?

Crypto trading rose by 107%in Ukraine since the conflict beganCombined Russian-Ukraine crypto trading in USDT and BUSD pairs has attracted an average of US$80m a day at times.  A recent report issued by Financial Times highlights how the Russian invasion of Ukraine may help mainstream crypto adoption.  The report further explains how

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Bitcoin spikes above $40K as potential ‘positive shifts’ arise between Russia and Ukraine

Bitcoin (BTC) saw instant volatility on March 11 amid the hope that the Russia–Ukraine conflict could find a diplomatic solution.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewHope rises — but so do Bitfinex shortsData from Cointelegraph Markets Pro and TradingView shows BTC/USD briefly surging $1,400 before reversing to consolidate below $40,000 on

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