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Regulation
Putin Is Temporarily Banning Foreigners From Pulling Money Out of Russia
The ban will reportedly go into effect on Wednesday.

Binance Assembles Sanction Task Force; India Seeks Bitcoin Clarity
Russian soldiers offered crypto for surrender. Binance working to comply with sanctions on Russia. India’s Supreme Court asks government for answer on crypto legality. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

European Parliament Postpones Vote on Crypto Regulations Indefinitely
A leaked draft has drawn criticism for including a provision that sought to ban the use of cryptocurrencies that rely on proof-of-work.

Biden to Impose Additional Sanctions on Russia
Nikhilesh De, CoinDesk Managing Editor for Global Policy and Regulation, discusses the geopolitical implication of Russia’s recent invasion of several Ukrainian cities, looking at the possibility for increased sanctions on Russian banks and oligarchs. Plus, a look into how NATO allies might respond to the situation.

China’s Supreme Court Targets Illegal Fundraising Via Crypto Transactions
The ruling paves the way for violators to be criminally prosecuted, with a punishment of up to 10 years in prison and fines of up to $79,000.

Russia to Restrict Crypto Trading to Licensed Platforms, Certified Wallets
While shunning a ban, the Ministry of Finance is proposing a restrictive regulatory regime.

BC Group, Archax, InvestaX Form Consortium on Security Tokens Globally
The consortium wants to tackle cross-border technical and regulatory interoperability for security tokens.

Russia Facing Sanctions Amid Escalating Tensions With Ukraine, ‘Frozen’ BTC From Canadian Trucker Protests Being Transferred Elsewhere
CoinDesk Managing Editor for Global Policy and Regulation, Nikhilesh De, joins “First Mover” to discuss economic sanctions imposed on Russia by the United States and other allies as Moscow escalates tensions with Ukraine. Plus, De provides an update on the trucker protests in Canada as “frozen” bitcoin is transferred to exchanges like Coinbase and Crypto.com.

China's Zhejiang Province Implements Punitive Electricity Prices for Crypto Mining
Authorities are still working to eliminate the industry months after it was banned.

Ontario Securities Commission Now Involved in the Trucker Protests
As the trucker protests against vaccine mandates disband in Canada, crypto exchange executives will comply with the regulation of crypto assets related to the protests. Plus, the Ontario Securities Commission’s role in the Canadian crypto space and the public consensus about the anti-vaccine protests.
