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Crypto Exchange Kraken Pledges Over $10 Million to Support Ukrainian Users

Crypto Exchange Kraken Pledges Over  Million to Support Ukrainian UsersKraken is planning to hand out more than $10 million in aid for clients affected by the military conflict in Ukraine. The amount covers the fees paid by Ukrainian residents in almost a decade and will also include those withheld from Russian traders in the first half of 2022. Kraken Exchange to Give $1,000 in […]

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EU Targets Crypto Assets in Widened Sanctions Against Russia, Belarus

EU Targets Crypto Assets in Widened Sanctions Against Russia, BelarusThe European Union is extending the scope of sanctions introduced in response to Russia’s invasion of Ukraine, with the latest agreement between member states specifically mentioning crypto assets. Russian oligarchs, senators and Belarusian banks have been targeted. Europe’s Sanctions Classify Crypto Assets as Securities to Close Loopholes for Russia On Wednesday, the European Commission welcomed […]

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Unicef Receives $2.5 Million in Crypto for Ukraine From Binance Charity Foundation

Unicef Receives .5 Million in Crypto for Ukraine From Binance Charity FoundationBinance Charity is donating $2.5 million worth of cryptocurrency to support the humanitarian efforts of Unicef in Ukraine. The announcement comes as the ongoing military clash with the invading Russian forces is putting more and more children at risk. Unicef to Fund Activities in Ukraine With Donated Cryptocurrency The Binance Charity Foundation has announced a […]

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Thailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat Sanctions

Thailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat SanctionsA popular destination for many Russians, Thailand is now looking for ways to facilitate their payments amid widening western sanctions over Moscow’s military invasion of Ukraine. Cryptocurrency is one of the options being explored by the tourism industry as Russian citizens now face financial restrictions. Authorities in Thailand Consider Accepting Cryptocurrency From Russian Visitors Talks […]

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Ukraine Uses Donated Crypto to Pay for Military Supplies — Government Says $50 Million in Crypto Raised in a Week

Ukraine Uses Donated Crypto to Pay for Military Supplies — Government Says  Million in Crypto Raised in a WeekThe Ukrainian government announces that $50 million in cryptocurrency was raised within a week since Russia began its invasion of Ukraine. The government has so far spent $15 million in donated cryptocurrency to buy military supplies. Ukraine Government Spends $15 Million in Crypto on Military Supplies Alex Bornyakov, Ukraine’s deputy minister of digital transformation, revealed […]

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Paypal Joins Other Payment and Remittance Providers Suspending Services in Russia

Paypal Joins Other Payment and Remittance Providers Suspending Services in RussiaA number of payment and remittance platforms, now including Paypal, have restricted access to their services in Russia as western sanctions over Moscow’s invasion of Ukraine continue to expand. Fintech companies have been limiting operations in the Russian Federation also in response to Kyiv’s call for help. Payments Giant Paypal Halts Services in Russia, Maintains […]

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Russia Proceeds With Efforts to Legalize Crypto Amid Sanctions Over Ukraine

Russia Proceeds With Efforts to Legalize Crypto Amid Sanctions Over UkraineAuthorities in Russia are continuing their work to establish a comprehensive legal framework for crypto transactions. The efforts, which started before the military invasion of Ukraine, go on amid warnings that Moscow may use cryptocurrencies to evade expanding financial sanctions. Expert Council Meets in Russia to Discuss Law ‘On Digital Currency’ Attempts to legalize and […]

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South Korean Crypto Exchanges Restrict Russians’ Access Over War in Ukraine

South Korean Crypto Exchanges Restrict Russians’ Access Over War in UkraineMajor South Korean cryptocurrency exchanges have introduced restrictions for Russian users, effectively joining western sanctions over Moscow’s military invasion of Ukraine. The measures include blocking IP addresses originating from the Russian Federation. Largest Korean Exchange May Deny Withdrawals From Russia Several crypto trading platforms in South Korea, including the country’s largest, are banning access from […]

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Crypto Allows Ukraine to ‘Operate Internationally,’ Official Says

Crypto Allows Ukraine to ‘Operate Internationally,’ Official SaysAmid ongoing hostilities with advancing Russian forces, Ukraine has been increasingly relying on cryptocurrency donations to solve humanitarian problems and finance its defense efforts. Crypto helps the country to receive and quickly distribute money and operate internationally, a high-ranking government official has indicated. Ukraine Accepts, Spends Millions in Crypto, Deputy Minister Reveals Since the Russian […]

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Ukraine’s Cyberpolice Force Starts Accepting Cryptocurrency Donations

Ukraine’s Cyberpolice Force Starts Accepting Cryptocurrency DonationsAs Ukraine is increasingly relying on crypto donations, its Cyberpolice force has also decided to seek help from the crypto community in the country and abroad. The unit now takes various cryptocurrencies to support law enforcement agencies and acquire essential supplies. Cyberpolice Ukraine’s Latest Government Body to Solicit Crypto Donations The Cyberpolice department of the […]

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