All by tag: Russia

The ban will apply to all transactions, including transfers from cards issued in the country

This is to prevent the Russian Federation from being able to use digital assets to circumvent the restrictions imposed because of the special operation in Ukraine

This decision was made under the money laundering law

The platform auctioned off an NFT featuring the Ukrainian flag

Coinbase, Tether, and OpenSea may also impose restrictions on Russian users

Brian Armstrong will make a decision on blocking based on the decisions of the US authorities

The founder of Miller Value Partners stated on CNBC that he sees a “bullish signal” for the crypto

Due to the restrictions imposed, international settlements through the Russian banking system have been virtually stopped

For now, the officials are waiting to see the effect of a number of restrictions against Russia before imposing new ones

According to Janet Yellen, this is not the only sector where restrictions can be circumvented

The entire amount of funds was withdrawn in one week from February 22 to March 1

The former US Secretary of State believes that the world’s governments should make more efforts to prevent the use of cryptocurrency to circumvent sanctions