Crypto
Putin Bans Digital Asset Payments in Russia
President of Russia Vladimir Putin signed a new legislation banning digital financial assets as a means of payment.
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49
News
Russia
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Russia
Crypto
Cryptocurrency Helped Bypass US Sanctions: Chainalysis Report
Mainstream crypto payments are traceable, but seemingly not sanctionable.
Market Analysis
EUR/USD Falls to 1.01: Lowest in 20 Years
The euro drops to the lowest level against the dollar since 2002.
Forex
The Ruble Hitting a 7-Year High Against USD is a Problem For Russia
The Ruble keeps gaining against the USD as Russia's economy shrinks. What is really happening?
Market Analysis
After Sanctions Block Crypto Transfers, Russia May Use Illicit Gold Markets
Gold may offer Russia and other targeted entities a more suitable option for bypassing sanctions as generating and accessing foreign exchanges becomes increasingly tricky.
Crypto
Binance Limits Russian Accounts after New Sanctions, Others Likely to Follow
Binance will put accounts that hold crypto worth over €10,000 ($10,900) on “withdrawal-only” mode.
Banking
Russia Very Likely to Default on Foreign Debt: $6B Worth of CDS Contracts Can be Triggered
Sanctions imposed by the west make it highly unlikely that Russia will be able to honor its debts.
Best Stocks
Moscow Stock Exchange Reopens but Only for Russians, MOEX Gains 5%
Russia's stock market registered impressive gains after reopening under restrictions, but analysts believe this would be short-lived.
Crypto
FBI Director Says Russia Needs Fiat Not Crypto to Bypass Sanctions
It is unlikely for Russia to evade sanctions using crypto, according to FBI's Director Christopher Wray. Using fiat currency is more likely.
Market Analysis
Moscow Stock Exchange Denies Traders $723M Profit by Staying Closed
Short sellers have to wait till the Moscow Stock Exchange reopens to claim their unrealized profits.
Best Stocks
Markets Remain Closed as Russian Government Prepares $10B Buyback
Foreign-listed shares in Russian companies have sharply slumped, suggesting that the same fate could be waiting for local markets once they resume trading.
Policy
Critics Claim Loophole in UK Government’s Sanctions is “Absurd”
After announcing asset freezes on VTB Bank, the UK Treasury unit gave the bank's customers 30 days to wind down assets.
Crypto
Russian Crypto Sanctions Explored by Biden Admin as Conflict Continues
As Russia gets hit by economic sanctions, could cryptocurrency be next?