City Moscow Financial News
03.03 / 16:31
Cardano
Bitcoin
Drop
Top cryptocurrency Prices Today: Bitcoin, Avalanche, Ethereum, Shiba Inu drop up to 6%
Bitcoin took a breather as investors booked profits, after the US Fed's chair Powell testified before the US Congress. Altcoins followed suit. Federal Reserve Chair Jerome Powell reaffirmed the US central bank's plan to raise interest rates this month for the first time since 2018. On the other hand, the saga in Eastern Europe continued. All of the top digital tokens were trading lower on Thursday. Avalanche tumbled as much as 6 per cent, whereas Cardano and Shiba Inu dropped 3 per cent each. Bitcoin and Ethereum also shed a per cent each.
03.03 / 15:41
Binance
Platform
NOT
Binance Crypto Exchange Will Not Accept Sanctioned Russian Banks' Cards
Cryptocurrency exchange Binance will not accept sanctioned Russian banks' cards
03.03 / 14:05
Provident
BLOCK
Binance
Reuters
EU Ensures Russia Cannot Bypass Sanctions thorugh Crypto, Says French Finance Minister Le Maire
French Finance Minister Bruno le Maire said on Wednesday that the European Union (EU) is looking for ways other than cryptocurrencies to impose EU sanctions on Russia, Reuters reported.
03.03 / 00:30
markets
business
Blockchain
Drawbacks of centralization: Moscow Stock Exchange remains offline amid ongoing Russo-Ukrainian war
As reported by local news outlet tass.ru, the Central Bank of Russia once again suspended trading on the nation's leading Moscow Stock Exchange (MOEX) on Wednesday, and will not open the exchange on Thursday. Trading on the MOEX has been halted since Feb. 25, after Russia launched its ongoing military occupation of Ukraine. On a monthly basis, the exchange's index has lost over 34% of its value (not adjusted for inflation), as Western leaders imposed crippling sanctions on Russia in response to the conflict.
02.03 / 21:52
cryptocurrency
Investment
Bitcoin
Bitcoin booms as the rouble tumbles: What role is crypto playing in the Ukraine war?
As Russia's rouble buckles under sanctions, Bitcoin and other digital currencies are rising, stoking speculation that their use could help Moscow bypass the West's economic blockade.
02.03 / 20:31
business
Blockchain
consequences
EU will cut off 7 Russian banks from SWIFT, with ordinary Russians facing consequences
On Wednesday, the European Union announced that within 10 days, it intends to remove seven Russian banks from the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, messaging system.
02.03 / 16:29
Investing
Central Bank
banking
Ruble
diving
Russian Consumers, Firms Feeling Impact of Sanctions as Ruble Keeps Diving
Ordinary Russians are increasingly starting to feel the bite of Western-led sanctions, media reports from inside the country have indicated.
02.03 / 13:23
NATO
Refugees
EU and NATO 'rising to the challenge' of Russian aggression
With the world's focus on Ukraine and what Russia will do next, NATO's headquarters in Brussels has been on high alert.
02.03 / 13:09
Shell
MPs
Law firms face fierce pressure from MPs to shutter Moscow offices
Law firms are facing increasing political pressure to pull the plug on their Moscow operations and cut ties with Russian clients in light of Vladimir Putin’s invasion of Ukraine.
02.03 / 11:29
Shell
MPs
Law firms under fierce pressure from MPs to shutter Moscow offices after Russian invasion of Ukraine
Law firms are facing increasing political pressure to pull the plug on their Moscow operations and cut ties with Russian clients in light of Vladimir Putin’s invasion of Ukraine.
02.03 / 10:25
JPMorgan
Russia wipes £410m from JPMorgan, Liontrust, Pictet and BNP Paribas funds
Funds managed by JPMorgan, Pictet and BNP Paribas Asset Management are among some of the worst hit from the escalating war between Russia and Ukraine, with assets under management across a handful of equity funds exposed to the country plunging by as much as 45% over the past month.
02.03 / 09:05
Refugees
Ukraine war: Biden vows Putin will 'pay a price' as Russia targets urban areas
If his Russian counterpart is not made to “pay a price” for the invasion, the aggression will not stop with one country, U.S. President Joe Biden warned.
02.03 / 00:29
Refugees
Watch: Diplomats walk out during Sergey Lavrov speeches in protest at Ukraine invasion
Hundreds of diplomats staged walkouts on Tuesday while Russian Foreign Minister Sergey Lavrov was speaking, protesting his country's invasion of Ukraine.
01.03 / 22:59
cryptocurrency
Investment
Bitcoin
Bitcoin overtakes flatlining rouble as a more valuable currency as Russia sanctions bite
The total market value of Bitcoin has overtaken that of the plummeting Russian rouble, as speculation is growing that the digital coin and other cryptocurrencies could help Moscow cushion the blow of international sanctions.
01.03 / 20:17
Target
BLOCK
Digital
Coindesk
Department
Treasury Department Targets Crypto Used to Bypass Russian Sanctions
The U.S. is forbidding Americans from using cryptocurrencies to circumnavigate financial sanctions placed on Russia as it seeks to further choke off financial support for the country's wealthy oligarchs.
01.03 / 20:01
JPMorgan
Russia fund assets plummet for JPMorgan, Liontrust, Pictet and BNP Paribas
Funds managed by JPMorgan, Pictet and BNP Paribas Asset Management are among some of the worst hit from the escalating war between Russia and Ukraine, with assets under management across a handful of equity funds exposed to the country plunging by as much as 45% over the past month.
01.03 / 13:57
cryptocurrency
Bitcoin
Russian Crypto Buyers Face Whopping Premiums Amid Economic Crash
As Russia continues its invasion of neighbor Ukraine, the Russian markets are spiraling out of control, and an increasing share of the country’s population is seeking financial refuge in cryptoassets. This is reflected in the sky-high premiums for those who wish to exchange RUB into bitcoin (BTC) via peer-to-peer exchanges, as indicated by the latest market data.
01.03 / 11:17
Lowe's
Tether
surges
Rouble-Crypto Trading Surges As Sanctions Hit Russian Currency
Rouble-denominated trades with the Tether - a so-called stablecoin - hit $29.4 million.
01.03 / 03:15
UPS
NASDAQ
DOW
Fighting
Stock futures rise ahead of first trading day of March, Russia-Ukraine conflict in focus
U.S. stock futures rose in overnight trading on Monday before the first trading day of March as investors continue to monitor the fighting between Russia and Ukraine.
28.02 / 17:17
European Union
swift
Ukraine war: Snake Island border guards are alive and well, says Ukrainian navy
Ukraine's Navy has said that 13 border guards defending Snake Island are alive and have been captured by Russia.
28.02 / 15:43
Ethereum
Bitcoin
open
Traditional Markets, Crypto Trim Losses, Moscow Exchange Won't Open Today as Kyiv and Moscow Start Talks
Bitcoin (BTC), ethereum (ETH), and other major cryptoassets trimmed their losses on Monday morning in Europe, as futures pointed to a lower opening for the stock market on Wall Street, Russian financial assets tumbled, and the US dollar rose against most other fiat currencies. Meanwhile, analysts warned that the US Federal Reserve (Fed) could be forced to change course and ease its monetary policy.Meanwhile, delegations from Kyiv and Moscow are holding discussions at the Ukraine-Belarus border today as Kyiv seeks an immediate ceasefire and the withdrawal of all Russian forces from Ukraine.
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