Auto Added by WPeMatico

Crypto Exchange Kraken Pledges Over $10 Million to Support Ukrainian Users

Kraken is planning to hand out more than $10 million in aid for clients affected by the military conflict in Ukraine. The amount covers the fees paid by Ukrainian residents…

Continue ReadingCrypto Exchange Kraken Pledges Over $10 Million to Support Ukrainian Users

EU Targets Crypto Assets in Widened Sanctions Against Russia, Belarus

The European Union is extending the scope of sanctions introduced in response to Russia’s invasion of Ukraine, with the latest agreement between member states specifically mentioning crypto assets. Russian oligarchs,…

Continue ReadingEU Targets Crypto Assets in Widened Sanctions Against Russia, Belarus

Unicef Receives $2.5 Million in Crypto for Ukraine From Binance Charity Foundation

Binance Charity is donating $2.5 million worth of cryptocurrency to support the humanitarian efforts of Unicef in Ukraine. The announcement comes as the ongoing military clash with the invading Russian…

Continue ReadingUnicef Receives $2.5 Million in Crypto for Ukraine From Binance Charity Foundation

Thailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat Sanctions

A popular destination for many Russians, Thailand is now looking for ways to facilitate their payments amid widening western sanctions over Moscow’s military invasion of Ukraine. Cryptocurrency is one of…

Continue ReadingThailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat Sanctions

Ukraine Uses Donated Crypto to Pay for Military Supplies — Government Says $50 Million in Crypto Raised in a Week

The Ukrainian government announces that $50 million in cryptocurrency was raised within a week since Russia began its invasion of Ukraine. The government has so far spent $15 million in…

Continue ReadingUkraine Uses Donated Crypto to Pay for Military Supplies — Government Says $50 Million in Crypto Raised in a Week

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…

Continue ReadingPaypal Joins Other Payment and Remittance Providers Suspending Services in Russia

Russia Proceeds With Efforts to Legalize Crypto Amid Sanctions Over Ukraine

Authorities in Russia are continuing their work to establish a comprehensive legal framework for crypto transactions. The efforts, which started before the military invasion of Ukraine, go on amid warnings…

Continue ReadingRussia Proceeds With Efforts to Legalize Crypto Amid Sanctions Over Ukraine

South Korean Crypto Exchanges Restrict Russians’ Access Over War in Ukraine

Major South Korean cryptocurrency exchanges have introduced restrictions for Russian users, effectively joining western sanctions over Moscow’s military invasion of Ukraine. The measures include blocking IP addresses originating from the…

Continue ReadingSouth Korean Crypto Exchanges Restrict Russians’ Access Over War in Ukraine

Crypto Allows Ukraine to ‘Operate Internationally,’ Official Says

Amid ongoing hostilities with advancing Russian forces, Ukraine has been increasingly relying on cryptocurrency donations to solve humanitarian problems and finance its defense efforts. Crypto helps the country to receive…

Continue ReadingCrypto Allows Ukraine to ‘Operate Internationally,’ Official Says

Ukraine’s Cyberpolice Force Starts Accepting Cryptocurrency Donations

As Ukraine is increasingly relying on crypto donations, its Cyberpolice force has also decided to seek help from the crypto community in the country and abroad. The unit now takes…

Continue ReadingUkraine’s Cyberpolice Force Starts Accepting Cryptocurrency Donations