Russian billionaires are said to have turned to Bitcoin (BTC) and other digital assets. Anonymity is also necessary for Russian billionaires seeking to avoid sanctions. Russia has been subjected to economic sanctions imposed by countries throughout the globe to halt its aggression towards Ukraine. Russian banks were cut off from
Binance has rejected demands to restrict Russian citizens’ accounts. the trade volume of ruble-denominated crypto was barely $34.1 million on March 3. Despite claims that Russia would use digital assets to evade sanctions, data from blockchain-analysis companies reveal that Russian crypto purchases and trade on major exchanges have decreased. In
Carla Sands states the US should be the BTC capital of the world. U.S. senate candidate confident on BTC. Urges BTC miners to come to the US. Though the war of Russia on Ukraine has been so far a week, yet, U.S senate candidates take on the talk of crypto
Muntyan is well-known for his backing of opponents of the Russian President. Russia’s Prosecutor General’s Office issued a formal warning. Even as the West worries about Russia’s possible use of cryptocurrencies to avoid sanctions, some Russians are using their Bitcoin (BTC) to aid the people of Ukraine. As Russia continues
The current Bitcoin surge has been primarily linked to political turmoil. Bitcoin is down 2.27% in the last 24 hours. Despite a solid start to the week, the price of Bitcoin has now dropped to $43,500, still a gain of 24 percent on the weekly charts. The Russia-Ukraine conflict is
Zhao is the 14th wealthiest person globally, with a fortune of $96 billion. Russia’s inflation rate rose this week as the Rouble value dropped to record lows. To avoid “beating up” regular Ukrainians, the wealthiest cryptocurrency tycoon in the world allegedly disregarded Ukraine’s direct request to remove all Russians from
Crypto airdrops are often used to distribute free digital currency tokens. This week has seen a steady increase in long holdings in Bitcoin. A growing amount of short bets were reversed after Bitcoin jumped to $44,000, according to statistics from Coinglass. As the Russia-Ukraine war has grown in popularity, so
Russia in efforts to use their crypto holdings. Ripple CEO is confidently against the fact. Points out crypto’s KYC policies. The war still rages on as the sixth day, with Ukraine doing all it could to withstand the constant attacks of Russia. Despite all efforts and talks, a full stop
US corners and blocks all sorts of crypto based services for Russia. The US asks crypto exchanges to ban services to Russia . BTC and ETH on the rise. It’s almost going to be one whole week ever since Russia waged war on Ukraine. Day by day things are getting
The Rouble fell to record lows yesterday, raising worries of a banking collapse. According to the statistics, the fastest-growing wallets have considerable balances. Western sanctions have targeted Russia’s government and the rich elite, and the number of blockchain wallet addresses containing more than 1,000 bitcoin (approximately $43 million) has risen
