City Sanction, Russia Financial News

14.11 / 16:23

UPS Battlefield end Some Russia Sanctions Could Extend Beyond Ukraine War’s End, Janet Yellen Says

NUSA DUA, Indonesia—U.S. Treasury Secretary Janet Yellen said some sanctions on Russia could remain in place even after any eventual peace agreement with Ukraine, raising the prospect of a long-term U.S. effort to squeeze Russia’s economy.

13.11 / 18:57

UPS Battlefield end Some Russia Sanctions Could Extend Beyond Ukraine War’s End, Janet Yellen Says

30.08 / 10:33

cryptocurrency Adoption Payments Iran Passes Bill to Authorize Use of Crypto for Imports

22.08 / 20:11

UPS Provident Target U.S. Steps Up Enforcement of Its Long List of Russia Sanctions

WASHINGTON—The U.S. has imposed a set of powerful sanctions against Russia’s economy to punish it for the invasion of Ukraine. Now, U.S. officials are pushing to ensure they are effective, closing loopholes, lobbying other nations for support, and cracking down on people abetting Russia’s evasion.

16.08 / 03:07

CBDC Adoption Central Bank Ruble Russian Banks to ‘Start Handling Digital Ruble by 2024’

24.06 / 17:11

Adoption Payments Apple Crypto.com App to Accept Apple Pay for Crypto Purchases in US

The crypto exchange and payments company Crypto.com (CRO) announced on Friday that it now accepts Apple Pay in its app for US users.

22.06 / 19:33

UPS U.S. Push for Exceptions in Europe’s Sanctions on Russian Oil Gains Traction

A U.S. push to pare back one of the European Union’s sanctions on Russian oil has tentatively started to gain traction within the 27-member bloc, with officials weighing whether to allow insurers to cover shipments of Russian oil if the price the oil will sell for falls under a cap.

19.05 / 14:17

BLOCK China Insists Party Elites Shed Overseas Assets, Eyeing Western Sanctions on Russia

HONG KONG—China’s Communist Party will block promotions for senior cadres whose spouses or children hold significant assets abroad, people familiar with the matter said, as Beijing seeks to insulate its top officials from the types of sanctions now being directed at Russia.

06.05 / 17:59

UPS Deal Hungary Holds Up EU Deal to Sanction Russian Oil

The European Union is struggling to finalize the terms of an oil embargo on Russia amid resistance by Hungary, whose leader claimed Friday that the proposed embargo would hit his economy like an atomic bomb.

20.04 / 16:41

security Exchange services Crypto Exchange Currency.com Attacked After Halting Services in Russia

Currency.com, a Belarus-based online crypto trading platform, said it became a target of a failed cyber-attack on the day the exchange announced it was halting services for residents of Russia.

10.04 / 14:55

cryptocurrency Target European Commission New Russia Sanctions Include Crypto Wallets Target by EU

EU targets crypto wallets in latest round of Russia sanctions

06.04 / 12:09

cryptocurrency Adoption Ruble US Hits Russian Crypto Exchange with Sanctions, Russian Central Bank Affraid That Crypto Will Replace Ruble

The United States has hit the crypto exchange Garantex with sanctions, claiming that it has “willfully disregarded” anti-money laundering and countering the financing of terrorism (AML, CFT) obligations and “allowed” its “systems to be abused by illicit actors.” A joint Washington-Berlin effort has also closed down darkweb servers in Germany – while the Russian Central Bank says it is still opposed to crypto adoption.

25.03 / 12:35

cryptocurrency Bitcoin NOT ‘Big Holes’ Undermine Russia Sanctions – And It's Not Crypto (Psst! It's Traditional Politics & Finance)

An opinion columnist writing for Bloomberg has identified two flaws that “fundamentally undermine” the United States and EU-led “sanctions regime” against Russia – and neither have anything to do with the use of crypto.

17.03 / 14:13

regulation coinbase Kraken Crypto Exchanges Facing 'Fork in the Road' Over Russia Sanctions - London Stock Exchange Group CEO

Amid the West’s intensifying efforts to punish Russia’s authorities for their invasion of Ukraine, crypto exchanges are facing long-term damage to their industry if they decide to remain active in the Russian market, according to David Schwimmer, CEO of the London Stock Exchange Group.

17.03 / 13:23

Blockchain Provident Digital Russians Under Sanctions Using Crypto to Launder Money: Elliptic Report

Russians with strong social connections, who are under international sanctions for the invasion of Ukraine, have been using cryptocurrencies to launder their wealth, according to a report.

16.03 / 18:50

Central Bank Russia Sanctions May Lead More Countries To Consider CBDCs, Ex-Central Banker Says

Sanctions imposed on Russia as a result of its war in Ukraine could lead more countries to consider digital versions of their own currencies – known as central bank digital currencies (CBDCs) – as a counterweight to the dominant role of the US dollar, a former Bank of Japan (BOJ) executive has said.

15.03 / 21:47

UPS Target EU, U.K. Approve New Russia Sanctions as Divisions Emerge on How to Hurt Moscow Further

The European Union and the U.K. agreed on separate sets of fresh sanctions and restrictions targeting Russia, a day after the U.S. added a roster of Russian Defense Ministry officials to its own target list—as all three seek to ratchet up pressure on Russian President Vladimir Putin.

14.03 / 13:08

Target Reuters coinbase Japan Asks Crypto Exchanges to Cancel Russian Sanction Related Transactions

Following concerns from the Group of Seven (G7) nations, Japan has requested crypto exchanges to cancel transactions of crypto assets that are subject to asset-freeze sanctions against Russia and Belarus, Reuters reported citing national officials.

14.03 / 12:49

cryptocurrency G7 Japanese Crypto Exchanges Told to Block Sanctioned Russians’ Crypto Transactions

Japan’s top financial regulator, the Financial Services Agency (FSA), and the Ministry of Finance have told domestic crypto exchanges to suspend all transactions with Russians and Belarusians who have been hit with international sanctions.

14.03 / 12:45

COST cryptocurrency Digital Japan Asks Crypto Firms To Comply With Sanctions Against Russia

The Japanese government will strengthen measures against the transfer of funds using crypto assets.

11.03 / 20:21

Art NFT Charity Check These Ukraine NFT Projects Against the Russian Invasion

Non-fungible token (NFT) art projects made in support of Ukraine have seen a surge in interest lately, with many artists both in Ukraine and elsewhere jumping on the chance to contribute to the cause.

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