G7 countries and the European Union are examining ways to stop the use of cryptocurrency by Russia to evade sanctions. “We should take measures to prevent listed persons and institutions from switching to unregulated crypto assets,” said Germany’s minister of finance.
G7 and EU Seek to Prevent Crypto Use to Evade Sanctions
The Group…
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The popular cryptocurrency exchange Coinbase has addressed the request from Ukrainian officials to freeze the accounts of all Russian users. A Coinbase spokesperson noted that the digital currency platform would not “institute a blanket ban” against ordinary Russian users. Coinbase, Coinberry, and Kucoin Follow Binance’s and Kraken’s Decision to Refuse ‘Sabotaging Ordinary Russian Users’ On…
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The Russian army has begun a military operation in Ukraine as missile explosions have been heard surrounding several areas, including the capital of Kiev. Markets have dropped in response. Global crypto and stock markets plunged after Russian President Vladimir Putin announced on a national broadcast that his army would conduct a “special military operation” in…
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