Privatbank, the largest commercial bank in Ukraine, has temporarily halted transfers in national currency to digital asset exchanges. The financial institution explained the move with
Read more
Bank of Russia Allows Sberbank to Issue Digital Financial Assets
Sberbank, Russia’s largest bank, has been authorized by the country’s monetary policy regulator to issue digital financial assets. The move comes amid tightening Western sanctions
Read more
Young Russians View Crypto as Safe Investment Amid Economic Uncertainty, Poll Finds
As western sanctions increase the pressure on their country’s economy, many young Russians consider cryptocurrency to be a “reliable and profitable” investment option. According to
Read more
Crypto Assets Can Help Russia Return to Global Financial Market, Lawmaker Says
Digital financial assets like cryptocurrencies can help Russia to reach the global financial market despite western sanctions, a lawmaker working on crypto regulations has stated.
Read more
Western Union Suspends Operations in Russia, Belarus Over Ukraine War
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
Read more
Chainalysis Launches Screening Tools Designed to Prevent Sanctions Evasion
Blockchain forensics company Chainalysis is launching two tools that will allow crypto companies to deny sanctioned persons and entities access to their platforms. The move
Read more