Bitcoin News / Bitcoin.com - 2 years ago
Russia could turn to cryptocurrency if it is banned from the SWIFT payments system. Analysts have warned that if Russia is able to use crypto to evade sanctions, “political support in the U.S. for crypto will fall and regulatory risk will...
Cryptocoins News / The Cointelegraph - 2 years ago
Christine Lagarde, president of the European Central Bank (ECB), has called on lawmakers to approve a regulatory framework on crypto, hinting at potentially preventing Russia from getting around economic sanctions.Speaking to reporters at an informal...
Bitcoin News / Bitcoin.com - 2 years ago
As sanctions rain on Russia, following the Kremlin’s decision to invade Ukraine, media reports have suggested that they are unlikely to limit the country’s access to crypto assets. While the Russian elite may use them to circumvent rest...
Cryptocoins News / CoinJournal - 2 years ago
After anticipating a turn of events for a while, the die is finally cast. Earlier this week, Russia launched a large-scale invasion of neighbouring Ukraine after months of mounting tensions. The crypto market reacted violently and bitcoins (BTC) va...
Cryptocoins News / The Cointelegraph - 2 years ago
Russian Bitcoin (BTC) miners are reportedly running as usual despite the government’s invasion of Ukraine this week. According to estimates from the Cambridge Bitcoin Electricity Consumption Index, miners in Russia accounted for around 11.2% of the g...
Cryptocoins News / The Cointelegraph - 2 years ago
The sanctions announced by United States President Joe Biden in response to Russia’s attack on Ukraine did not include cutting the country off from payments on the SWIFT system or cryptocurrency transfers.In a Thursday announcement from the White Hou...
Cryptocoins News / NewsBTC - 2 years ago
As the Biden administration slaps economic sanctions against Russia to contain the crisis in Ukraine, Russia is using various cryptocurrency tools to maintain access to foreign capital.
As Russia attacked Ukraine, cryptocurrency prices fell sharply....
by COINS NEWS - 2 years ago
It’s somewhat possible the talking heads that determine these sanctions may not have considered cryptocurrency as a way for Putin to get around the sanctions. The recent Canadian case where they tried to order BTC wallets frozen shows there is still...
Cryptocoins News / The Cointelegraph - 2 years ago
In the event of harsh Western sanctions as Russian forces invade Ukraine, retail customers could risk losing their savings.Russians’ savings could be confiscated in response to sanctions against the country, according to Nikolai Arefiev, a member of...
Cryptocoins News / Blockchain - 2 years ago
Bitcoin (BTC) entered the green zone after U.S. President Joe Biden revealed new sanctions meant to cut off Russia from western finance, to Bloomberg.
The leading cryptocurrency was up by 3.66% in the last 24 hours to hit $38,151 during intraday...
Cryptocoins News / The Cointelegraph - 2 years ago
Bitcoin (BTC) recovered to $38,000 as Wall Street opened on Feb. 22 amid a tense atmosphere over geopolitical instability. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin tiptoes around macro cuesData from Cointelegraph Markets Pro...
Cryptocoins News / The Cointelegraph - 2 years ago
As payment methods continue to evolve, new innovations are improving financial infrastructures that have been in use for years. Currently, central bank digital currencies (CBDCs) are a topic that has grabbed the attention of many nations worldwide in...
More / Bitcoin Reddit - 2 years ago
Putin supports legalizing bitcoin as currency because he’s threatening war and Biden’s economic sanctions would hurt the ruble. He could still transact in the world economy through bitcoin. I’m wondering everyone’s opinion on this.
Bitcoin News / Bitcoin.com - 2 years ago
A U.S. senator has warned about China’s central bank digital currency. “Analysts have raised the eCNY’s potential to subvert U.S. sanctions, facilitate illicit money flows, enhance China’s surveillance capabilities, an...
Bitcoin News / Bitcoin.com - 2 years ago
Gitcoin, an organization that helps fund open source projects around the Ethereum blockchain, has deactivated a grant due to it being directed to individuals from a sanctioned country. The grant, called “Free Smart Contract Development Cou...
Cryptocoins News / The Cointelegraph - 2 years ago
Cryptocurrencies, including CBDC’s, have now become a part of the narrative on sanctions due to high adoption. The use of cryptocurrencies to evade international sanc...
Cryptocoins News / The Cointelegraph - 2 years ago
Russia’s digital ruble won’t help the country avoid U.S. sanctions because the global economy is “interconnected,” an official said. Central bank digital currencies (C...
Bitcoin News / Bitcoin.com - 2 years ago
The U.S. Treasury Department has sanctioned a second cryptocurrency exchange “for facilitating financial transactions for ransomware actors.” Two ransomware operators have also been sanctioned and $6.1 million in funds were seiz...