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“# Top 5 cryptocurrencies to watch this week: BTC, LUNA, AVAX, ATOM, FTM ” The geopolitical news flow is likely to result in volatile moves in Bitcoin (BTC) and altcoins in the next few days. News of Russian President Vladimir Putin ordering the nuclear deterrence forces on high alert may be viewed as a negative,…
“# EU Commission to remove Russian banks from SWIFT cross-border network ” The European Commission announced to remove a number of Russian banks from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) messaging system, aimed at hindering Russia’s capacity to carry out cross-border payments. In a joint statement released by the European Commission, leaders from…
“#US sanctions Putin, but what does that actually mean?” The Biden administration said it will follow in the footsteps of the European Union and impose sanctions against Russian President Vladimir Putin over his decision to send troops into Ukraine. “Following a telephone conversation President Biden held with European Commission President Ursula von der Leyen and…
“# ECB president calls for crypto regulation in response to Russia potentially evading sanctions ” Christine Lagarde, president of the European Central Bank (ECB), has called on lawmakers to approve a regulatory framework on crypto, hinting at potentially preventing Russia from getting around economic sanctions. Speaking to reporters at an informal meeting of economics and…
“# Crypto could bypass President Biden’s ‘devastating’ sanctions on Russian banks and elites: Report ” The sanctions announced by United States President Joe Biden in response to Russia’s attack on Ukraine did not include cutting the country off from payments on the SWIFT system or cryptocurrency transfers. In a Thursday announcement from the White House,…
“#Senate may impose the ‘mother of all’ sanctions on Russia” The US ambassador to the United Nations said the Security Council would confront Russia over its military threat against Ukraine as two senators predicted a vote as soon as this week on the “mother of all sanctions” against the Kremlin. Linda Thomas-Greenfield, the US ambassador…
“# The Taliban will never understand crypto, according to founder of LEARN Afghanistan ” Pashtana Durrani, the founder of an organization working to make education available to women and girls across Afghanistan as the country remains under Taliban rule, said the Islamic fundamentalist group has poor financial literacy, especially when it comes to crypto. In…
“# Crypto’s impact on sanctions: Are regulators’ concerns justified? ” The use of cryptocurrencies to evade international sanctions from various international governmental organizations like the United Nations (UN), the International Monetary Fund (IMF) and the World Bank, among others, has been a concern for regulators ever since the creation of cryptocurrencies. The rapidly increasing adoption…
“# Clinton: Regulate crypto to stop manipulation by Russia and China ” Former Secretary of State HIllary Clinton has said that cryptocurrency markets need stronger regulations to protect against technological manipulation by Russia, China, and others. Her comments on cryptocurrency were part of a larger segment in a Nov. 24 interview with MSNBC TV news host…
“# Digital currencies won’t impact US sanctions, Treasury exec says ” Central bank digital currencies (CBDC) like Russia’s digital ruble do not pose any threat to United States sanctions, according to U.S. Deputy Treasury Secretary Wally Adeyemo. In a CNBC interview on Wednesday, Adeyemo argued that the U.S. dollar “will remain the dominant currency in…