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Russia
Ukraine Central Bank Bans Crypto Purchases in Local Currency
Ukraine’s central bank has banned the purchase of cryptocurrency in the local currency hryvnia, but allowing crypto purchases using foreign currency up to a value of 100,000 Ukrainian hryvnia ($3,400) per month. “The Hash” group discusses the ongoing involvement of crypto in Ukraine’s efforts to maintain stability amid Russia’s invasion.
US Sanctions BitRiver; Apecoin Steals Doge’s Thunder
Russian crypto miner BitRiver added to U.S. sanctions list. Chinese court says NFT marketplaces obliged to review copyright. Apecoin takes the spotlight as “Doge Day” fails to shine. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Russian Crypto Miner BitRiver Hit by US Sanctions
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses Russian crypto mining firm BitRiver being hit with U.S. sanctions amid the invasion of Ukraine. Plus, a conversation about a recent meeting between FTX’s Sam Bankman-Fried and members of the Commodity Futures Trading Commission (CFTC).
BitRiver Calls OFAC Sanctions ‘Unfair’ Anti-Competitive Move to Benefit US Miners
The firm and 10 of its subsidiaries were added to OFAC's list of designated nationals subject to sanctions.
US Sanctions Russian Crypto Mining Host BitRiver
BitRiver and 10 subsidiaries were added to the OFAC list Wednesday in connection with their ties to the Russian economy.
Binance Exec on North Korean Involvement in Axie Infinity Hack
Binance Vice President of Global Intelligence and Investigations Tigran Gambaryan discusses North Korea’s alleged involvement in the over $600 million exploit of Axie Infinity’s Ronin network and the crypto exchange’s involvement in ongoing investigations.
IMF Says Capital Control Powers Should Include Crypto
The financial stability watchdog is the latest to worry that digital assets are being used to evade sanctions on Russia.
EXMO Exits Russia, Sells User Base There to Unnamed Buyer
The crypto exchange is also giving up its clients in Belarus and Kazahkstan following Russia's invasion of Ukraine.
What Would Deglobalization Mean for Bitcoin’s Price?
Geopolitical crises like the Russia-Ukraine war are reversing the era of globalization, where people enjoyed lower costs from the expansion of free trade and labor offshoring.
Market Wrap: Bitcoin Dips as Macro and Geopolitical Uncertainties Remain
Cryptos and stocks have traded in a choppy range so far this year.
