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U.S. Requests Crypto Exchanges to Avoid Russian Running away from Sanctions
Russia

U.S. Requests Crypto Exchanges to Avoid Russian Running away from Sanctions

The U.S. is reportedly urging major crypto exchanges to make sure no Russian individuals or institutions escape from the sanctions by using cryptocurrencies.

Over $5M Bitcoin Worth Transferred towards Aiding Ukrainian Army Amid Russian Invasion
Russia

Over $5M Bitcoin Worth Transferred towards Aiding Ukrainian Army Amid Russian Invasion

At least $5 million in Bitcoin has been donated to boost the Ukrainian Army since Russia attacked the nation on February 24, according to blockchain analytics firm Elliptic.

Ukrainian Government Raises over $10M in Digital Currencies from the Public
Russia

Ukrainian Government Raises over $10M in Digital Currencies from the Public

The entire public, particularly the crypto-savvy population, has shown solidarity with Ukraine and has raised more than $10 million since the call was made.

USDT Sees Rise on Ukraine's Kuna Exchange Following Russia Attack
Russia

USDT Sees Rise on Ukraine's Kuna Exchange Following Russia Attack

The price of Tether's USDT stablecoin soared to 36.97 Ukrainian hryvnias (UAH) ($1.23) on Ukraine's Kuna exchange on Thursday, following the ongoing invasion from Russia.

Ukraine Military Foundation Allies Solicits Donations in Crypto
Russia

Ukraine Military Foundation Allies Solicits Donations in Crypto

The “Return Alive” Foundation with close ties with the Ukrainian military is now soliciting funds in cryptocurrencies to support the army in these trying times.

Coinbase to Release Q4 Results, Crypto Winter Expected to Cause amid Ukraine- Russia War
Russia

Coinbase to Release Q4 Results, Crypto Winter Expected to Cause amid Ukraine- Russia War

Coinbase, the largest cryptocurrency exchange in the United States, announced that it will release its fourth-quarter earnings report on February 24, 2022, EST. Wall Street analysts expect a brief winter in the cryptocurrency market due to the Crisis in Russia and Ukraine.

Crypto Market Crashes after Putin Announcing Military Operations against Ukraine
Russia

Crypto Market Crashes after Putin Announcing Military Operations against Ukraine

The crypto market is full of bearish sentiment, right after Russia launched the latest military operation against Ukraine. Bitcoin has fallen over 8%, whereas Ethereum has plunged over 10%.

Bitcoin Gains Momentum as Biden Slaps Russia with Sanctions
Russia

Bitcoin Gains Momentum as Biden Slaps Russia with Sanctions

Bitcoin entered the green zone after U.S. President Joe Biden revealed new sanctions meant to cut off Russia from western finance.

Short-Term Holders Dominate Primary Driver for Bitcoin's Liquidation amid Ukraine Crisis
Russia

Short-Term Holders Dominate Primary Driver for Bitcoin's Liquidation amid Ukraine Crisis

Analysis by IntoTheBlock shows that short-term holders have been the primary catalysts of the present leg down as they continue liquidating their BTC investments.

Russian Finance Ministry Compromises, Willing to Take Crypto Suggestions from Central Bank
Russia

Russian Finance Ministry Compromises, Willing to Take Crypto Suggestions from Central Bank

Russia's finance ministry has said that it is willing to take suggestions on cryptocurrencies from the country's central bank but they should not clash with their approach.

Ukraine Legalizes Bitcoin amid Intensified Tension with Russia
Russia

Ukraine Legalizes Bitcoin amid Intensified Tension with Russia

The Ukrainian parliament unanimously voted to legalize Bitcoin and cryptocurrencies by passaging a Virtual Assets law on Thursday, amid the intensified tension with the potential military conflicts with Russia.

Russian FM says No to Crypto Ban
Russia

Russian FM says No to Crypto Ban

Russian Finance Minister Anton Siluanov said that cryptocurrencies should not be banned as advocated by the central bank but instead the government should fix the ongoing crypto regulation predicament.

Ukrainian Volunteer Groups Receive Bitcoin Donations amid Tension with Russia
Russia

Ukrainian Volunteer Groups Receive Bitcoin Donations amid Tension with Russia

Ukrainian volunteer groups and related NGOs are receiving Bitcoin donations, given that Russia has marshalled at least 100,000 troops on the border.

Taxing Crypto Transactions Would Generate $13B Each Year for Russia: Report
Russia

Taxing Crypto Transactions Would Generate $13B Each Year for Russia: Report

Data collected from Russian authorities showed that the country could earn $13 billion each year by taxing cryptocurrency transactions, Moscow-based news outlet The Bell reported.

Russian Blanket Crypto Ban May now be Limited to PoW Mining Activities
Russia

Russian Blanket Crypto Ban May now be Limited to PoW Mining Activities

New reports emerging out of Russia now suggest that the Central Bank of Russia (CBR) is looking to amend its proposed plans to enact a blanket bank on digital currencies