Major companies have refused to suspend the accounts of all Russian users. The UK is cracking down on crypto advertisements

The post has appeared first on thenewscrypto.com

The Russia central bank stepped up the monitoring of P2P transactions and crypto transactions and the bank even proposed the nation’s commercial banks should also tighten the monitoring of crypto and other operations as we can see more today In our latest cryptocurrency news. The objective is to stop transactions that attempt to evade the […]

  As nations worldwide continue to sanction Russia in condemnation of their invasion of Ukraine, companies have now joined the movement to exclude the Russian government — and sometimes Russians— from their list of clients.  Some of these companies have decided to ban them as a recommendation to the international sanction provisions from The Office […]

The post How global Fintech companies are reacting to Russia’s invasion of Ukraine appeared first on Fintech News.

Sam Bankman-Fried is frustrated with the overall perception of the cryptocurrency industry amid the ongoing war between Russia and Ukraine.

Binance, Kraken, and Coinbase have refused blanket bans on Russian users, citing libertarian values. FTX has already cut off Russian banks.

The post FTX chief ‘frustrated’ with crypto’s anti-regulatory messaging over Russia appeared first on Protos.

The post Russia Bans Facebook & Instagram, Quest Sees Ripple Effects appeared first on Road to VR.

Blockchain technology has had a huge impact on the financial sector. Although many traditional financial institutions like Bank of America use blockchain, it is still mostly used for cryptocurrency transactions. The benefits of the blockchain network are soon going to be put to the test. There are indicators that Russia is going to start moving […]

The post Will Blockchain Be Resilient for Russians Using Cryptocurrencies? appeared first on SmartData Collective.

SEC Rejects Two Spot Bitcoin ETF Applications | EU Legislation Could Limit Proof-of-Work Cryptos | Ukraine Asks Tether to Block Russian Users

Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine erupted. Amid Ongoing War in Ukraine, Deutsche Bank Pulls Out of Russia Deutsche Bank,…

The post Deutsche Bank to Exit Russia, Says There Will Be No New Business There appeared first on Bitcoin News Miner.

Blockchain forensics company Chainalysis is launching two tools that will allow crypto companies to deny sanctioned persons and entities access to their platforms. The move comes amid concerns that Russia may use cryptocurrencies to evade sanctions imposed due to its invasion of Ukraine. Chainalysis Offers Crypto Industry New Sanctions-Screening Tools As the military conflict in […]

The hearing, scheduled for next week, will feature testimony from Chainalysis' CSO Jonathan Levin, who is the sole confirmed witness.

The post In light of Russia sanctions, Senate to hold hearing on crypto in illicit finance appeared first on The Block.

These continuous alerts, despite no clear examples of violations thus far, mean that crypto operators should be wary. 

The post White House reiterates that the Treasury is on the lookout for crypto in Russian sanctions evasion appeared first on The Block.