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Ukraine’s Largest Bank Suspends Money Transfers to Crypto Exchanges

Privatbank, the largest commercial bank in Ukraine, has temporarily halted transfers in national currency to digital asset exchanges. The financial institution explained the move with restrictions imposed by the country’s…

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Western Union Suspends Operations in Russia, Belarus Over Ukraine War

Remittance giant Western Union has joined other financial services companies supporting sanctions in response to Russia’s invasion of Ukraine. The decision will affect customers in the Russian Federation as well…

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Binance Suspends Transactions With Russian Mastercard and Visa Cards

Crypto exchange Binance has blocked transactions with Mastercard and Visa cards issued in the Russian Federation. The trading platform announced the move after the American payment giants decided to halt…

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Paypal Joins Other Payment and Remittance Providers Suspending Services in Russia

A number of payment and remittance platforms, now including Paypal, have restricted access to their services in Russia as western sanctions over Moscow’s invasion of Ukraine continue to expand. Fintech…

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Singapore to Impose Restrictions on Russian Financial and Crypto Transactions

In a rare move, Singapore is going to introduce restrictions on certain Russian financial transactions and crypto operations aimed at evading sanctions. The decision comes amid officially expressed concerns that…

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Are crypto and blockchain safe for kids, or should greater measures be put in place?

Age verification and educations around the implications of blockchain technology should be enforced for minors dabbling in the crypto space.

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