Crypto’s complicated role in Ukraine: ‘Literally saving lives,’ but also helping oligarchs
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Six weeks after Russia invaded Ukraine, the world’s first war of the crypto age is shaping up as a test for digital currencies as a force for both good and bad: arming Ukrainian volunteer fighters…
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Bitcoin (BTC) price reached $113,535 with the increase experienced during the day and gained 1.99% in the last 24 hours. Immediately following this rise in the crypto market, there was a remarkable diplomatic development regarding the Russia-Ukraine war. European countries are developing a 12-point peace proposal to end Russia’s war…
Russia labels Ukrainian crypto exchange WhiteBit undesirable, alleging illegal fund transfers, and growing crypto oversight tensions. Russia has moved to block Ukrainian cryptocurrency exchange WhiteBit, intensifying digital asset restrictions amid ongoing geopolitical tensions. Authorities say the platform facilitated illegal capital outflows and funded Ukraine’s armed forces, so they acted quickly…
Russia has decided to cancel a planned national crypto exchange. Instead, it will focus on regulating the industry and supporting existing exchanges with a view to cross-border transactions. Local media outlets report that Russia has decided to cancel its planned national crypto exchange. The country had planned to launch this…