Russia’s economy has been tumbling under the pressure of sanctions imposed by the US and its Western allies. Various regulatory bodies have now expressed concerns [...]
If you’re a crypto investor, you may have heard the whispers of how Bitcoin has shown signs of moving in tandem with the S&P500, Nasdaq, or even tech stocks. However, this is still a matter of debate in the industry. Conscious uncoupling? In a recap for the week ending 3 March, Messari Insights proposed that […]
Authorities in Russia are continuing their work to establish a comprehensive legal framework for crypto transactions. The efforts, which started before the military invasion of Ukraine, go on amid warnings that Moscow may use cryptocurrencies to evade expanding financial sanctions. Expert Council Meets in Russia to Discuss Law ‘On Digital Currency’ Attempts to legalize and…
Centralized Exchanges refuse to freeze assets on all Russian users but if the Western sanctions ramp up, the CEXs might not have another choice so let’s read furhter in today’s latest cryptocurrency news. Centralized exchanges refuse to freeze the assets on all Russian users and many companies like Kraken, Coinbase and binance stated they will […]
The debate of whether bitcoin is stealing gold’s market share as a store-of-value asset has been heating up in recent years. With bitcoin getting clobbered amid the crisis in Ukraine, investors are now questioning its safe-haven status.
Russia’s invasion of Ukraine, and the subsequent backlash of economic sanctions against the country, has reportedly resulted in ruble trading pairs surging on the cryptocurrency market. According to a report by Frank Chaparro for The Block that was published on March 1, Russian investors are becoming increasingly active on crypto exchanges. Since Russia’s invasion of […]
Some of the largest cryptocurrency brokerage firms in South Korea are reportedly blocking the IP addresses of Russian users. These exchanges are joining the US [...]
After reaching a high of almost $45,000 on 2 March, Bitcoin dropped heavily in the past 2 days. The digital asset crashed by more than 10% within the last 48 hours and reached a low of $40,600 on 4...
Quick take: Officials in the EU and US have expressed concerns that Russia might use cryptocurrencies to evade sanctions The EU is taking all measures to guarantee that digital assets will not be an alternative for Russia amidst sanctions US Senators have asked Treasury officials, how they are overseeing digital assets in the wake of sanctions against Russia Lawmakers and officials in the European Union and the United States, have expressed growing concern that Russia may use cryptocurrencies to circumvent […]