‘I’ve never paid with crypto before’: How digital assets make a difference amid a war
For many Ukrainians and Russians, digital assets have become the means to support themselves and their loved ones during the crisis.
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Russia’s Central Bank Slashes Benchmark Rate, Pegs RUB to Gold — Ruble Rebounds to Pre-War Levels
Amid the Ukraine-Russia conflict, the Russian ruble has managed to rebound despite the strict sanctions imposed against the Russian Federation. The country’s central bank has taken a few steps to…
EU Targets Crypto Wallets With the Latest Package of Sanctions Against Russia
The European Union (EU) has imposed the fifth round of sanctions against Russia in light of its continuing war against Ukraine. The council has targeted cryptocurrency wallets as it aims…
Vitalik Buterin quietly donates $5M ETH to aid Ukraine as total tracked crypto donations reach $133M
No official public announcement was made regarding the large sum donation.
How the Crypto Community Supports the People of Ukraine – Head of Binance Charity Helen Hai Explains
In response to the military crisis in Ukraine, Binance Charity has committed $10 million to major Intergovernmental Organizations and local NGOs, including UNICEF, UNHCR, the UN Refugee Agency, iSans and…
US Treasury Secretary Janet Yellen Warns of Global Economic Impact of War in Ukraine
US Treasury Secretary Janet Yellen alerted that Putin’s “special military operation” in Ukraine “will have enormous economic repercussion for the world.” She added that the US authorities plan to impose…
Bank of Russia Rejects Idea of Using Cryptocurrency to Circumvent Sanctions
The Central Bank of Russia has turned down a proposal to allow the use of digital currencies for the purpose of sanctions evasion. The monetary authority believes this is hardly…
Russia’s Sberbank Denies Involvement in Recently Launched ‘Sbercoin’
Sberbank, the largest bank in the Russian Federation, has denied connection to a new cryptocurrency called “sbercoin.” The project is offering high returns to buyers of the token, which was…
UN agency accepts first stablecoin donations worth $2.5M to help Ukrainian refugees
Crypto donations have proven vital for Ukraine and its people, as the country has received over $100 million in crypto donations since the conflict broke out.
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