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Decentralized networks such as Bitcoin’s don’t know national allegiance, they only know math. And when you’re trying to get your savings out of an ATM, or send a payment to…
Despite an increase in economic sanctions on Russia, the amount of crypto being purchased in rubles across major exchanges continues to fall.
The world’s largest NFT marketplace has confirmed that it blocks users based on the U.S. sanctions list.
Blockchain gaming firm Animoca Brands has revealed the company is breaking ties with Russian users following the Ukraine invasion that started seven days ago. Animoca Brands co-founder Yat Siu noted…
Crypto could be one of few ways for Russians to help Ukrainians as any identified assistance to Ukraine is considered as high treason by the Russian state.
Blockchain analytics will help ensure that NY-licensed companies don’t send money to sanctioned Russians.
BTC’s market cap is much smaller than gold, but Bitcoin’s daily volume and the amount held under management by funds suggests that the cryptocurrency is trading at a heavy discount.
“When it comes to economic and financial sanctions, we want to remain flexible and mobilized,“ said France’s finance minister, Bruno Le Maire.
Jerome Powell said that the situation with Russia "underscores the need for really congressional action on digital finance, including cryptocurrencies."