Fri, August 14

EU Bans Russia From Certain High Crypto Services

EU band Russia of crypto services and two more bans. Russia claims to have more than $130B in crypto and BTC. Russia’s war on Ukraine translates to the EU to take up such decisions. As Russia’s war still propagates on Ukraine, countries around the world too still continue to extend

April 9, 2022 2 mins read

Russia Demands Gas Supply Payment in Rubles From ‘Unfriendly Countries’

Exporters mandated to convert 80% of their foreign currency earnings into rubles. The EU has announced efforts to lessen its dependency on Russian energy. Russian President Vladimir Putin announced Wednesday that Russia would only accept ruble payments for gas supply to “unfriendly countries,” including all EU members, after Moscow’s dramatic

March 25, 2022 2 mins read

Ukraine’s PrivatBank Bans Citizens Buying Bitcoin Using National Currency

The limitations are said to be in place in the nation for the time being.  The Ukrainian parliament passed the law in its second reading in mid-February. Though Ukraine’s government has officially approved Bitcoin (BTC), some major Ukrainian banks have allegedly blocked their customers from using their national currency to

March 18, 2022 2 mins read

FSA of Japan Orders Crypto Exchanges to Adhere on Sanctions Imposed

Japan has been slow to adopt stronger regulations on private digital currencies. According to an industry body, 31 exchanges were operating in Japan on March 4. Monday, Japanese authorities issued an order instructing crypto exchanges to stop processing transactions involving assets frozen by the United Nations Security Council because of

March 15, 2022 1 min read

Crypto Worth Millions Discovered in Sanctioned Wallets by Elliptic

15 million cryptocurrency addresses were also linked to Russian criminal activities. According to Robinson, there is a debate over the magnitude of crypto use. Elliptic, a company specializing in blockchain analytics and security, collaborates with law enforcement to identify cryptocurrency wallets linked to banned persons or groups. A wallet with

March 15, 2022 2 mins read

Did Ukraine Use All of Its Crypto and BTC Donations?

Ukraine receives massive crypto and BTC donations. Estimates to roughly above $100 Million. Most donations have been spent towards weapon supplies and protective gears. The war of the decade, yep, tensions between Russia and Ukraine are still high. Seems, this war would not end any sooner as expected all around

March 14, 2022 2 mins read

Crucial Week for Bitcoin Ahead as Key Events About to Unfold

This week’s crypto performance is likely going to be influenced by the Federal Reserve. Bitcoin has been down 0.01% in the last 24 hours. Bitcoin (BTC) begins a new week amid a major macroeconomic shift. The United States Federal Reserve is expected to be the most talked-about topic for investors

March 14, 2022 1 min read

Russian’s Bombard Between UAE and Switzerland to Liquidate Crypto & BTC

Russians look forward to liquidating digital assets. Most come up with BTC in their hands predominantly. Facilitates between UAE and Switzerland for liquidation. Weeks are on the pass and yet there seems to be no end for the ongoing raging war of Russia over Ukraine. It’s well known that all

March 11, 2022 2 mins read

Recent Crypto Sanctions Defies the Core Decentralized Structure of Cryptocurrencies

The recent sanctions are causing people to reevaluate the purpose of cryptography. Pressure is being placed on the top participants in the crypto industry by the West. A devastating epidemic has struck the globe. War rages over Europe; Russia is entangled economically. Inflation in the United States has reached 40-year

March 11, 2022 1 min read

Prominent Exchange Bitfinex Clears Out Stand Against Allowing Russian Citizens

Bitfinex would not freeze the accounts of regular Russian consumers until it is obliged. Ardoino believes that barring all Russian citizens in the present crisis may be harsh. Some cryptocurrency firms stand up for the rights of non-banned Russian people amid a worldwide commercial boycott of Russian individuals over the

March 11, 2022 1 min read