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Tag: conflict

Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says ‘Don’t Ignore the Exchange Rate’
News

Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says ‘Don’t Ignore the Exchange Rate’

June 21, 20227 min read

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

Finland to Donate Millions of Dollars From Sale of Seized Bitcoin to Ukraine
News

Finland to Donate Millions of Dollars From Sale of Seized Bitcoin to Ukraine

April 29, 20224 min read

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
News

Georgians Sell Russian Regions as NFTs to Raise Money for Ukraine

April 25, 20223 min read

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

Binance Limits Services to Russian Users to Comply With EU Sanctions
News

Binance Limits Services to Russian Users to Comply With EU Sanctions

April 22, 20223 min read

Following the latest round of EU restrictions against Russia, digital asset exchange Binance is limiting services to Russian clients. The company pledged to lead the

Bank of Russia Rejects Idea of Using Cryptocurrency to Circumvent Sanctions
News

Bank of Russia Rejects Idea of Using Cryptocurrency to Circumvent Sanctions

April 7, 20223 min read

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

President Zelenskyy Signs Ukraine’s Law ‘On Virtual Assets’
News

President Zelenskyy Signs Ukraine’s Law ‘On Virtual Assets’

March 17, 20223 min read

President Volodymyr Zelenskyy has signed the law “On Virtual Assets” which aims to regulate the crypto market in Ukraine. The approval comes as his country

Deutsche Bank to Exit Russia, Says There Will Be No New Business There
News

Deutsche Bank to Exit Russia, Says There Will Be No New Business There

March 13, 20222 min read

Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been

Western Union Suspends Operations in Russia, Belarus Over Ukraine War
News

Western Union Suspends Operations in Russia, Belarus Over Ukraine War

March 12, 20223 min read

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

Crypto Allows Ukraine to ‘Operate Internationally,’ Official Says
News

Crypto Allows Ukraine to ‘Operate Internationally,’ Official Says

March 4, 20223 min read

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

Ukraine’s Cyberpolice Force Starts Accepting Cryptocurrency Donations
News

Ukraine’s Cyberpolice Force Starts Accepting Cryptocurrency Donations

March 3, 20223 min read

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

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