ukrainian

Bitcoin-Friendly Portugal Welcomes Refugees From Ukraine’s Crypto Sector, Report Reveals

March 21, 2022 Bitcoin.com

bitcoin.com

With a war raging in their homeland, thousands of Ukrainians, including many involved in the crypto space, have chosen Portugal as their new home. The country is an attractive destination, not only because of its warmer climate but also its relatively affordable cost of living and crypto-friendly tax regime. Portugal Attracts Crypto Talent and Business […]

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Idea to Use Digital Ruble as Reserve Currency Circulated in Sanctioned Russia

March 20, 2022 Bitcoin.com

Bank of Russia

A call to make the digital ruble a reserve currency has been issued in the State Duma, the lower house of Russia’s parliament. Meanwhile, concerns have been raised in the West that the new incarnation of the Russian fiat may be employed to evade sanctions that have been isolating the country. Digital Ruble to Serve […]

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Bitget Now Supports Bank Transfers in Vietnam via QR Codes

Ukraine’s Largest Bank Suspends Money Transfers to Crypto Exchanges

March 19, 2022 Bitcoin.com

Ban

Privatbank, the largest commercial bank in Ukraine, has temporarily halted transfers in national currency to digital asset exchanges. The financial institution explained the move with restrictions imposed by the country’s central bank under the current martial law. Leading Bank in Ukraine Bans Clients From Sending Hryvnia to Crypto Trading Platforms Ukraine’s largest bank in terms […]

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Bitget Now Supports Bank Transfers in Vietnam via QR Codes

Young Russians View Crypto as Safe Investment Amid Economic Uncertainty, Poll Finds

March 18, 2022 Bitcoin.com

bitcoin.com

As western sanctions increase the pressure on their country’s economy, many young Russians consider cryptocurrency to be a “reliable and profitable” investment option. According to a recent study, the share of Russian citizens who know about bitcoin has reached two thirds of the population. Under Sanctions, Russians Consider Buying Property, Gold, and Crypto Financial and […]

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Bitget Now Supports Bank Transfers in Vietnam via QR Codes

President Zelenskyy Signs Ukraine’s Law ‘On Virtual Assets’

March 17, 2022 Bitcoin.com

bill

President Volodymyr Zelenskyy has signed the law “On Virtual Assets” which aims to regulate the crypto market in Ukraine. The approval comes as his country is increasingly relying on cryptocurrency donations to fund its defense and deal with humanitarian problems amid an ongoing Russian invasion. Law Regulating Cryptocurrencies Approved by Ukraine President Zelenskyy Ukrainian President […]

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Bitget Now Supports Bank Transfers in Vietnam via QR Codes

Deutsche Bank to Exit Russia, Says There Will Be No New Business There

March 13, 2022 Bitcoin.com

bank

Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine erupted. Amid Ongoing War in Ukraine, Deutsche Bank Pulls Out of Russia Deutsche Bank, […]

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Bitget Now Supports Bank Transfers in Vietnam via QR Codes

US Banking Giants Goldman Sachs and JPMorgan Wind Down Business in Russia

March 13, 2022 Bitcoin.com

bank

Global investment banks Goldman Sachs and JPMorgan Chase are winding down business in the Russian Federation. The move comes as western sanctions against Moscow over its decision to launch a military invasion of Ukraine continue to expand, supported by leading financial institutions. Goldman Sachs and JPMorgan Scale Down Russian Operations Goldman Sachs Group and JPMorgan […]

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Bitget Now Supports Bank Transfers in Vietnam via QR Codes

Western Union Suspends Operations in Russia, Belarus Over Ukraine War

March 12, 2022 Bitcoin.com

Belarus

Remittance giant Western Union has joined other financial services companies supporting sanctions in response to Russia’s invasion of Ukraine. The decision will affect customers in the Russian Federation as well as those in Belarus, an ally of Moscow, backing its military operation. Western Union Condemns Invasion of Ukraine, Halts Services in Russia and Belarus Money […]

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Bitget Now Supports Bank Transfers in Vietnam via QR Codes

Chainalysis Launches Screening Tools Designed to Prevent Sanctions Evasion

March 11, 2022 Bitcoin.com

bitcoin.com

Blockchain forensics company Chainalysis is launching two tools that will allow crypto companies to deny sanctioned persons and entities access to their platforms. The move comes amid concerns that Russia may use cryptocurrencies to evade sanctions imposed due to its invasion of Ukraine. Chainalysis Offers Crypto Industry New Sanctions-Screening Tools As the military conflict in […]

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Bitget Now Supports Bank Transfers in Vietnam via QR Codes

Binance Suspends Transactions With Russian Mastercard and Visa Cards

March 11, 2022 Bitcoin.com

bank cards

Crypto exchange Binance has blocked transactions with Mastercard and Visa cards issued in the Russian Federation. The trading platform announced the move after the American payment giants decided to halt operations in Russia over its military invasion of Ukraine. Russians Unable to Use Their Mastercard and Visa Cards on Binance Starting on Wednesday, March 9, […]

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Bitget Now Supports Bank Transfers in Vietnam via QR Codes