Russia Financial News
11.03 / 23:05
Deutsche Bank joins Wall Street rivals in winding down its Russian business
Deutsche Bank is winding down its business in Russia, backtracking on some public statements by executives and following Wall Street rivals in pulling back from the country after its invasion of Ukraine.
11.03 / 23:05
Bank of England warns crypto can’t sidestep sanctions
The Bank of England joined a growing chorus of regulators and governments calling for firms to stop crypto transactions that aim to evade Russian sanctions.
11.03 / 21:33
markets
Law
privacy
Monero
Haven Protocol (XHV) shows strong signs of bottoming out after crashing 90%
Haven Protocol (XHV) showed signs of returning to its bullish form as its price doubled in just five days of trading.
11.03 / 21:19
European Union
News
Brussels says it will ban the export of EU luxury goods to Russia
The European Union will ban the export of its luxury goods to Russia in order to deal "a blow to the Russian elite", as part of new sanctions decided with G7 countries, says European Commission President Ursula von der Leyen.
11.03 / 21:19
European Union
Zelenskyy calls for EU to 'do more' for Ukraine after bloc refuses immediate membership
The European Union should "do more" for Ukraine, Volodymyr Zelenskyy said on Friday, after European leaders poured cold water on the country quickly joining the bloc.
11.03 / 21:13
11.03 / 21:11
Goldman Sachs set to shutter Russia business after Ukraine invasion
Goldman Sachs is set to pull the plug on its operations in Russia, the first major investment bank to exit the country in the wake of its invasion of Ukraine.
11.03 / 21:01
UPS
FIVE
Career
Strategy
3,700% ROI: Top 5 Strategy Spotlight And Covesting February In Review
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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.
11.03 / 19:51
cryptocurrency
safe
Russians liquidating crypto in the UAE to seek safe havens
Crypto firms in the United Arab Emirates (UAE) are being deluged with requests to liquidate billions of dollars of virtual currency as Russians seek a safe haven for their fortunes, company executives and financial sources said.
11.03 / 19:41
Blockchain
Provident
Digital
Platform
The Outlook of Digital Assets
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
11.03 / 19:15
cryptocurrency
Waves
Tether
Bitcoin
week
The Best- and Worst-Performing Coins in the Second Week of the Ukraine War
Two weeks after the war in Ukraine started, the crypto markets continue to be volatile. Bitcoin (BTC) has seen unusually big moves both up and down, often moving in tandem with changes in the global risk sentiment. As usual, however, the biggest movers are altcoins, which have seen both strong gains and heavy losses since the war broke out.
11.03 / 18:59
Action
Biden Says U.S. Plans to Revoke Normal Trade Relations With Russia
WASHINGTON—President Biden said Friday the U.S. will move to revoke normal trade relations with Russia, joining Western allies in a coordinated action to further punish Moscow for the war in Ukraine.
11.03 / 18:53
How Skadden dropped Chelsea FC’s Roman Abramovich before UK sanctions hit the oligarch
Roman Abramovich’s longtime US law firm Skadden Arps Slate Meagher & Flom cut ties with the Russian oligarch before he was hit with UK sanctions on 10 March, according to a person familiar with the matter.
11.03 / 17:55
Citizens
exits
Rolet laments ‘tragic’ times as he exits Russian firm’s board
Former London Stock Exchange Group boss Xavier Rolet has formally resigned from his role as chair of Russian fertiliser company PhosAgro.
11.03 / 17:55
Law firms are ditching Russian clients and fleeing the country — Here’s who left and when
Legal firms have retreated, sat on the fence and finally are starting to leave Russia en masse.
11.03 / 17:42
Middle east
foreign
War in Ukraine: Putin approves use of volunteer foreign fighters from the Middle East
Russian President Vladimir Putin has ordered so-called volunteer fighters from the Middle East to be brought into Ukraine.
11.03 / 17:23
How Skadden dropped Chelsea’s Roman Abramovich before UK sanctions hit the oligarch
Roman Abramovich’s longtime US law firm Skadden Arps Slate Meagher & Flom cut ties with the Russian oligarch before he was hit with UK sanctions on 10 March, according to a person familiar with the matter.
11.03 / 17:23
BlackRock
Holdings
BlackRock takes $17bn hit on Russia holdings
BlackRock has incurred losses of about $17bn due to its holdings in Russian companies, with the world's largest asset manager having to write down assets in a market that has become uninvestable following the invasion of Ukraine.
11.03 / 17:19
Binance
Tether
Bitcoin
Ukraine Tether Trading Volume Sees Strong Growth, Persistent Premiums
Trading volume in the stablecoin tether (USDT) with Ukrainian hryvnia (UAH) is again seeing strong growth on crypto exchange Binance, with the volume on several days this week reaching and surpassing the level seen on the day the war started.
11.03 / 17:07
Government
Bitcoin
regulatory
Is the Ukraine war intensifying regulatory pressure on crypto firms?
Whose side are you on? The Ukraine-Russia war is forcing people to answer that question. For some in the crypto community, this can be uncomfortable because if an individual or project stands with the West against Russia, it also means it abides by sanctions. This can be tough to square with crypto/blockchain’s supposed decentralized system and its claims on being borderless, censorship-free and distributed.
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