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
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Is the Ukraine war intensifying regulatory pressure on crypto firms?
Every day, people are seeing “live” why sanctions matter. “Everyone is starting to rethink the importance of compliance and crypto.” Go to Source Powered by WPeMatico
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
Binance Suspends Transactions With Russian Mastercard and Visa 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, … Read more
Crypto Exchange Kraken Pledges Over $10 Million to Support Ukrainian Users
Kraken 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 … Read more
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
Gold-backed cryptos are shining in 2022, market cap hits $1B for the first time
PAX Gold did most of the weightlifting in pushing the gold token market cap above the $1 billion-milestone, outperforming Tether Gold. 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
