The Central Bank of Russia (CBR) maintains this stance despite the present economic downturn.

NEW YORK–(BUSINESS WIRE)–Moody’s Corporation (NYSE:MCO) announced today that it will suspend commercial operations in Russia. Moody’s will continue to support its employees in Russia. The suspension covers both Moody’s Investors Service (MIS) and Moody’s Analytics (MA) operations. Moody’s Investors Service will maintain analytical coverage for existing ratings from outside Russia. ABOUT MOODY’S CORPORATION Moody’s (NYSE: […]

The post Moody’s to Suspend Commercial Operations in Russia appeared first on Fintech News.

A horrendous conflict offers us insights into the best and worst parts of cryptocurrency.

Let’s not mince words here: what’s happening in Ukraine is absolutely awful. A completely unnecessary war that’s killing thousands, wounding tens of thousands and displacing millions. All at the whim

As the war in Ukraine rages on, an interesting phenomenon that has emerged is the role cryptocurrencies can play during a global crisis of this scale, and the ways in which it can be utilized by both sides to either circumvent financial measures against them or rally international economic support. Russia to foray into crypto? […]

Following a historic round of strict sanctions, Russia’s economy will suffer with most foreign exchange reserve assets frozen, experts say

The post Digital Ruble Likely To Help Russia Move Away From US Dollar, Economists Say appeared first on Blockworks.

Set to go live on March 28, the options contracts will be one-tenth the size of their underlying tokens

The post CME Group To Roll Out Micro Bitcoin, Ether Options appeared first on Blockworks.

Key Takeaways:

• New Directive 4 prohibits transactions with Russian Central Bank, National Wealth Fund, and Ministry of Finance
• Full blocking sanctions on Russian Direct Investment Fund and affiliates
• Multi-lateral response to Russia’s invasion continues with unprecedented imposition of sanctions by Switzerland and Monaco

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On February 28, 2022, the U.S. government announced new sanctions on the Central Bank of Russia,… More

The post Russia Sanctions Update – February 28, 2022: U.S. Imposes Sanctions on Central Bank of Russia, Ministry of Finance, and Sovereign Wealth Funds; Switzerland and Monaco Impose Unprecedented Sanctions first appeared on IPO, Then What?.

The Israeli authorities seized 30 cryptocurrency wallets from 12 accounts on suspicion that they were funding the terrorist group Hamas.

In the absence of a legal regime for crypto, cases involving them are dealt with laws related to foreign exchange, money laundering, terror financing, etc.

The Russian ruble fell 30% to 110 rub per dollar at one point before retracing some of the loses while markets are suspended for the day in Moscow. The Russian...

Ukrainians are turning to cryptocurrencies for day-to-day cash transactions in the wake of the armed conflicts with Russia. Donations have also flowed in Bitcoin, Ethereum, USDT, and other cryptocurrencies in the defense of the country.

The number of countries supporting Russia’s removal from the SWIFT payments system grew on Saturday, as the Ukraine invasion rages on. Focus now turns to whether Moscow will adopt digital assets to bypass crippling economic sanctions. Growing calls for Russia’s removal from SWIFT In a series of tweets, high-ranking Ukrainian officials said several countries, including

The post All Eyes On Russia’s Crypto Shift As West Considers SWIFT Sanctions appeared first on CoinGape.