by COINS NEWS - 2 years ago
Elizabeth Warren says crypto could be used to evade sanctions. Cryptocurrencies risk undermining sanctions against Russia, allowing Putin and his cronies to evade economic pain. Except this is not whats happening, and on the contrary its Ukra...
Cryptocoins News / NewsBTC - 2 years ago
Using crypto as shield to save the country’s financial system from further collapse may not be the best solution for Russia in its ongoing invasion of Ukraine.
As Russia continues to pound the country with bombs and missiles, many expect this would...
Bitcoin News / Bitcoinist - 2 years ago
The United States is making sure that Russian sanctions remain tightly in place and prevent Russia from taking any refuge from cryptocurrencies and use these to advance its goals.
According to people with firsthand knowledge of the situation, the Bid...
by COINS NEWS - 2 years ago
Switzerland and Swiss banks are notorious for privately safeguarding trillions of dollars worth of assets to keep away the prying eyes of financial authorities. Those with Swiss bank accounts are often uber-rich figures and entities looking for a sa...
Bitcoin News / Bitcoinist - 2 years ago
With the EU, US, and other countries imposing financial sanctions on Russia, there have been concerns that individuals and organizations in the country will resort to crypto to circumvent the restrictions.
US Sanctions Will Include Digital Assets
Wit...
Cryptocoins News / Blockchain - 2 years ago
The U.S. is reportedly urging major crypto exchanges to make sure no Russian individuals or institutions escape from the sanctions by using , according to Bloomberg.
Citing to personnel with direct knowledge of matters, the Biden’s administration--...
Cryptocoins News / Blockchain - 2 years ago
On Monday, trading volumes between the Russian ruble and the Tether cryptocurrency surged as Western powers slapped sanctions on Russia over the Ukraine-Russia war, Reuters on Feb. 28.
Interest towards has surged to avoid economic stress and prot...
by COINS NEWS - 2 years ago
A lot of people are rooting for big exhanges like Binance and Kraken to freeze Russian people's crypto account. This is plain bullshit. If you're rooting for this then you have no single fucking idea what crypto actually is. Crypto = Freedo...
Bitcoin News / Bitcoinist - 2 years ago
Amongst the fundamental values of crypto, an important point is having financial freedom for all. Crypto is meant to be an unbiased tool, untied to the strings of governments and banks, a tool against oppression and authoritarianism.
If your money ca...
Cryptocoins News / The Cointelegraph - 2 years ago
The Treasury Department and reportedly the White House are warning U.S.-based companies and individuals not to facilitate crypto transactions sent to certain Russian nationals and banks.According to regulations from the Treasury Department’s Office o...
Bitcoin News / Bitcoinist - 2 years ago
SWIFT stands for ‘Society for Worldwide Interbank Financial Telecommunication.’ It is a cross-border payment system that allows customers all around the world to shop, send money, pay fees, and more. Now that Russia’s biggest financ...
Cryptocoins News / The Cointelegraph - 2 years ago
After climbing to a price of more than $41,000 on Monday, Bitcoin’s market capitalization has surpassed that of the Russian ruble. According to data from CoinMarketCap, the market cap of Bitcoin (BTC) surged to roughly $780 billion on Monday amid the...
Bitcoin News / Bitcoinist - 2 years ago
According to recent reports, the world’s biggest crypto exchange, Binance, targeted to block the Russian user accounts available on the sanctions list due to war.
The action took place after Ukraine’s vice prime minister requested the world’s crypto...
