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US President Joe Biden to Sign Executive Order on Crypto this Week
Russia

US President Joe Biden to Sign Executive Order on Crypto this Week

U.S. President Joe Biden is expected to issue an executive order on cryptocurrency this week. Authorities would be expected to develop policies to enable the U.S. government to work with foreign powers to regulate crypto and its trade across international borders.

Coinbase Blocked 25,000 Wallet Addresses of Russian Individuals or Entities Linked to Illegal Activities
Russia

Coinbase Blocked 25,000 Wallet Addresses of Russian Individuals or Entities Linked to Illegal Activities

Cryptocurrency exchange Coinbase Global Inc. said it has blocked 25,000 wallet addresses of Russian individuals or entities linked to illegal activities.

Thailand Considers Opening Crypto Payments for Russian and Ukrainian Tourists
Russia

Thailand Considers Opening Crypto Payments for Russian and Ukrainian Tourists

Following Mastercard and Visa suspension of Russian credit cards abroad due to international sanctions imposed, Thailand, on the other hand, is looking at accepting crypto payments for transactions.

Crypto is Becoming the Lifeline for Ordinary Russians, Coinbase CEO Says
Russia

Crypto is Becoming the Lifeline for Ordinary Russians, Coinbase CEO Says

Meanwhile, as the war between Russia and Ukraine ravages, Coinbase CEO Brian Armstrong believes that cryptocurrencies are emerging as the lifeline for Russians as the nation faces heavy sanctions.

Four Payment Operators Join in Suspending their Services in Russia amid Ukraine Crisis
Russia

Four Payment Operators Join in Suspending their Services in Russia amid Ukraine Crisis

Four payment operators announce to suspend their payment services in Russia following the Russian invasion of Ukraine.

Coinbase Will Not Bar Russian Users Unless New Laws Requires: CEO Brian Armstrong
Russia

Coinbase Will Not Bar Russian Users Unless New Laws Requires: CEO Brian Armstrong

Coinbase CEO says the exchange will not ban Russian users, citing the fact that many citizens are not supportive of the decision of their president to go to war against Ukraine.

Switzerland to Freeze Crypto Assets Linked to Russians
Russia

Switzerland to Freeze Crypto Assets Linked to Russians

Switzerland will join the UK, the US, and western allies in strengthening sanctions against Russia after its invasion of Ukraine.

Russia Might Resort to Bitcoin Mining as Sanctions Continue to Bite
Russia

Russia Might Resort to Bitcoin Mining as Sanctions Continue to Bite

Based on the ripple effect of sanctions slapped on Russia because of its ongoing invasion of Ukraine, Russia continues to be starving for foreign currency. It might make Bitcoin mining an alternative to bypass sanctions.

EU Ensures Russia Cannot Bypass Sanctions through Crypto, Says French Finance Minister Le Maire
Russia

EU Ensures Russia Cannot Bypass Sanctions through Crypto, Says French Finance Minister Le Maire

French Finance Minister Bruno le Maire said the EU is looking for ways other than cryptocurrencies to impose sanctions on Russia, according to Reuters.

Animoca Brands to Halt Trading Services to Russian Users
Russia

Animoca Brands to Halt Trading Services to Russian Users

Animoca Brands said it would stop trading services to Russian users is in response to sanctions being imposed on Russia.

Ukraine Opens Channel for Dogecoin Donations Towards Relief Efforts
Russia

Ukraine Opens Channel for Dogecoin Donations Towards Relief Efforts

As the Russia-Ukraine war rages on, Ukraine has increased the number of digital currencies. It now accepts Dogecoins from donors.

Revolut CEO Breaks Silence on Russian-Ukraine War, Condemns Violence
Russia

Revolut CEO Breaks Silence on Russian-Ukraine War, Condemns Violence

The Chief Executive Officer of a digital banking app Revolut Nikolay Storonsky has condemned the Russian invasion of Ukraine and will donate up to £1.5 million per day to Red Cross Ukraine for the next seven days.

Ukrainian Government Accepts Polkadot DOT Donations, Expanding Crypto Donations Over $30M
Russia

Ukrainian Government Accepts Polkadot DOT Donations, Expanding Crypto Donations Over $30M

Ukraine expands over $30M crypto donation program and accepts Polkadot’s DOTs after Russian army invasion.

Mastercard Pulls Russian Banks from its Payment Network
Russia

Mastercard Pulls Russian Banks from its Payment Network

American payment services giant Mastercard has cut off Russian financial institutions from its payment network.

Crypto Exchange Coinsmart Announces Donations for Ukrainian Humanitarian Crisis
Russia

Crypto Exchange Coinsmart Announces Donations for Ukrainian Humanitarian Crisis

Canada-based cryptocurrency exchange CoinSmart announced it would donate aid for the emergency humanitarian crisis in Ukraine to help Ukrainian refugees.