Haven Protocol (XHV) shows strong signs of bottoming out after crashing 90%
The Monero blockchain fork has surged by nearly 100% in the past five days against a rising appetite for privacy-focused cryptocurrencies. Go to Source Powered by WPeMatico
Sanctions
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Bitfinex refuses to freeze crypto belonging to non-sanctioned Russians
The crypto community stands up for the rights of ordinary Russians amid hundreds of businesses leaving the country, but the final decision is up to regulators. Go to Source Powered by WPeMatico
Chainalysis launches free sanctions screening tools
Blockchain-data analytics company Chainalysis has announced an accelerated launch of two sanctions screening tools, an on-chain oracle, and an API, to help provide greater regulatory oversight to exchanges and DeFi projects. Go to Source Powered by WPeMatico
FBI director: Russia overestimates its ability to bypass US sanctions using crypto
Christopher Wray cited the FBI’s recent work in seizing large amounts of crypto as evidence there were vulnerabilities in using digital assets to get around sanctions. Go to Source Powered by WPeMatico
EU Targets Crypto Assets in Widened Sanctions Against Russia, Belarus
The 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 … Read more
Russian Parliament working group: There should be ‘mechanisms to control crypto transactions’
The working group weighed in on the side of the Finance ministry in a call to regulate, not ban crypto. Go to Source Powered by WPeMatico
Sanctions on Russia and Belarus will include crypto — European Commission
The expansion of sanctions follows the commission announcing in February that it would be removing several Russian banks from the SWIFT cross-border payment network. Go to Source Powered by WPeMatico
Bitcoin still on track to reach $100K by 2023, says Bitbull Capital CEO
Joe DiPasquale, CEO at Bitbull Capital, discussed the role of Bitcoin in the Ukraine crisis and explained his bullish view on the crypto markets for the upcoming months. Go to Source Powered by WPeMatico
Thailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat Sanctions
A 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 … Read more
Data Shows Global Financial Conditions Tightest in 2 Years, Shaky Bond Markets Point to Long-Run Inflation
At the end of the trading day on Monday, Wall Street was roiled once again as major stocks plunged during the day’s trading sessions. Most news outlets indicate the Russia-Ukraine war is causing the bleak outlook and reports show strained financial conditions worldwide are currently the tightest since 2020. Meanwhile, bond markets during Monday’s trading … Read more
