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EU Bans Crypto Services for Russians in New Sanctions Over Ukraine Escalation

EU Bans Crypto Services for Russians in New Sanctions Over Ukraine EscalationAn array of crypto-related services have been targeted in the latest round of sanctions on Russia approved by the EU. The measures are part of an expected tightening of the economic and financial restrictions in response to Moscow’s decision to annex Ukrainian territories. EU Council Adopts Full Ban on Crypto Wallet and Custody Services for […]

Former Binance CEO Changpeng Zhao Says He Will Remain Passive Holder of Crypto After Receiving Prison Sentence

Russian Finance Ministry Rules Out Sale of Oil for Bitcoin

Russian Finance Ministry Rules Out Sale of Oil for BitcoinThe Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Crypto Payments Not for Russian State Settlements, Ministry of Finance Says Cryptocurrency […]

Former Binance CEO Changpeng Zhao Says He Will Remain Passive Holder of Crypto After Receiving Prison Sentence

Russia Considers Selling Power to Kazakhstan Amid Deficit Caused by Crypto Miners

Russia Considers Selling Power to Kazakhstan Amid Deficit Caused by Crypto MinersState-owned Russian energy giant Inter RAO is now discussing electricity supplies for Kazakhstan where crypto miners have allegedly caused a spike in consumption this year. The country is expecting the power deficit to reach 600 megawatts as demand during the winter increases even further. Kazakhstan Likely to Buy Electricity From Russian Federation to Deal With […]

Former Binance CEO Changpeng Zhao Says He Will Remain Passive Holder of Crypto After Receiving Prison Sentence