Russia Financial News

Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University.

The Ukrainian deputy minister of digital transformation, Alex Bornyakov, confirmed that the government will be launching a non-fungible token (NFT) collection, as a historical account of the atrocities currently happening in the country, attacked by Russia.

The Ukrainian government has planned to launch non-fungible tokens (NFTs) featuring unique digital artwork illustrating stories from its war with Russia.

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.

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.

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

Cryptoverse: Bitcoin Is On An Even Keel Driven By Young Investors

As rising inflation threatens to eat up further the purchasing power of the global fiat ecosystem, finding the perfect hedge against a falling economy has become the need of the hour — especially for the general public across the world. 

Andrey Sidorkine wants to enlist in Ukraine to help fend off the Russian invasion, but every time he tries to sign up, he gets rejected.

Russian and Ukrainian officials will meet via videoconference on Monday morning in the latest round of talks between the two sides.

The US says Russia has asked China for military help for the war in Ukraine. The claim comes ahead of a key meeting in Rome between senior American and Chinese security officials on Monday.

Bitcoins been clinging to a range between $32,000 and $47,000.

Bitcoin will encounter its next resistance in the $50,000 to $51,000 area, an analyst said.

Cryptocurrencies traded in the red early on March 14. The global crypto market cap is $1.70 trillion, a 2.84 percent decrease over the last day. The total crypto market volume over the last 24 hours is $62.28 billion, a 16.08 percent increase.

Bitcoin buffs who were questioned by skeptics about the value of the cryptocurrency would respond by saying: Just wait. Wait until inflation hits, and people look to park their savings in a stable digital asset that won't lose its value. Wait until war breaks out, and authoritarians start seizing assets and imposing capital controls on their citizens. Wait until big banks and tech companies start censoring dissidents for their political views. Then you'll see why we need a stateless, decentralized, anonymous digital currency. More than most cryptocurrencies, Bitcoin was seen by many of its libertarian-leaning fans as a kind of doomsday insurance, a form of «digital gold, that would be a source of stability as the world grew more chaotic and unpredictable.

Stock futures rose in overnight trading Sunday ahead of an important week as the Russia-Ukraine war continues to escalate and the Federal Reserve could hike rates for the first time since 2018.

The Financial Conduct Authority noted "significant practical challenges" to selling down Russia assets, as Chancellor Rishi Sunak urged UK firms to stop investing in Russia.

Thousands of refugees arrive in Poland daily, travelling around without masks as they flee the war in Ukraine. Since the Russian invasion began, refugees have been allowed to enter Poland without coronavirus vaccine certificates or proof of negative COVID-19 tests.

The world is becoming increasingly volatile and uncertain. The assertion that “inflation is the silent thief” is becoming less relevant. In 2021, inflation has turned into a rather loud and brazen robber. Now, inflation is at its highest in the last forty years, already exceeding 5% in Europe and reaching 7.5% in the United States. The conflict between Russia and Ukraine affects futures for gold, wheat, oil, palladium and other commodities. High inflation in the U.S. and Europe has already become a real threat to the capital of tens of thousands of private investors around the world.

Bitcoin (BTC) upped the volatility into the weekly close on March 13 as markets braced for geopolitical and macro economic cues.

A passenger was killed after a bus transporting some 50 refugees from Ukraine overturned on a major highway in the north of Italy on Sunday morning.