Recent news reports have detailed that Russia’s fiat currency, the ruble, was the best-performing currency worldwide and the articles explained that American economists were perplexed
Tag: War
Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT
Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements and storage of digital currency. The blockchain-based platform
Erratic Bond Yields, Lockdowns, and War — 3 Reasons Why Economic Recovery Won’t Happen Quickly
The global economy looks bleak as inflation continues to rise, and a wide array of financial investments continue to shudder in value. Since May 2,
Coinbase Warns Some Russian Users Their Accounts May Be Blocked, Report Reveals
Leading U.S. crypto exchange Coinbase has reportedly notified certain Russian customers that their accounts may be blocked at the end of this month. According to
Moody’s: Cryptocurrencies Unlikely to Help Russia Evade Sanctions
Russia’s ability to employ cryptocurrencies to circumvent international sanctions is restricted by the limited size of the crypto market, according to Moody’s. Despite increased use
Ukrainian Soccer Club Shakhtar to Raise Humanitarian Funds Through NFT Sale
Shakhtar Donetsk, a leading soccer team in Ukraine, will sell a collection of non-fungible tokens (NFTs). The club intends to auction several signed jerseys to
Binance Blocks Accounts Linked to Relatives of Senior Russian Officials
Digital asset exchange Binance has blocked accounts tied to relatives of government officials in Moscow. Amid mounting international penalties over Russia’s invasion of Ukraine, the
Finland to Donate Millions of Dollars From Sale of Seized Bitcoin to Ukraine
The government of Finland is discussing supporting Ukraine with part of the money from the liquidation of millions of dollars worth of cryptocurrency seized in
Georgians Sell Russian Regions as NFTs to Raise Money for Ukraine
A tech innovations firm based in Georgia’s capital Tbilisi is now “selling Russia piece by piece” in the form of NFTs. The money from the
Report Says Binance Shared Client Data With Russia, Crypto Exchange Denies Allegations
Cryptocurrency exchange Binance has been accused in a media report of agreeing to provide user data to Russia’s financial watchdog. The trading platform has refuted