Russia Financial News

01.03 / 13:37

Digital Bitcoin Bitcoin jumps as sanctions hit Russian transactions, assets

Russia's invasion of Ukraine is turning into a geopolitical test for Bitcoin as a digital currency in a time of crisis. So far, it appears to be passing.

01.03 / 13:37

JPMorgan donates JPMorgan donates $1m, rolls out employee-matching scheme for Ukraine relief effort

JPMorgan is donating $1m and matching contributions from employees to aid the humanitarian crisis in Ukraine after Russian forces invaded the country.

01.03 / 13:37

NOT War cripples economies. Markets must not forget that.

Nouriel Roubini, professor emeritus of economics at New York University’s Stern School of Business, is chief economist at Atlas Capital Team, an asset-management and fintech firm.

01.03 / 13:35

BLOCK Binance coinbase Bitcoin U.S. Requests Crypto Exchanges to Avoid Russian Running away from Sanctions

The U.S. is reportedly urging major crypto exchanges to make sure no Russian individuals or institutions escape from the sanctions by using cryptocurrencies, according to Bloomberg.

01.03 / 13:35

Reuters Digital Tether Bitcoin Ruble Ruble-Crypto Trading Soars amid Western Sanctions on Russia

On Monday, trading volumes between the Russian ruble and the Tether cryptocurrency surged as Western powers slapped sanctions on Russia over the Ukraine-Russia war, Reuters reported on Feb. 28.

01.03 / 13:05

cryptocurrency NFT Non-fungible tokens Charity Ukraine Adds More Crypto Options, 'Teases' Airdrop; Platform Selling NFTs for USD 10

In an attempt to further bolster its fundraising campaign, Ukraine is opening up more crypto options for global donors - and has also intrigued the crypto community by mentioning an airdrop. Furthermore, a digital platform has launched a non-fungible token (NFT) collection with the goal of raising USD 430,302,531.

01.03 / 12:09

UPS Target BLOCK Bitcoin Bitcoin jumps 13% as Russia-Ukraine conflict continues and U.S. imposes further sanctions

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01.03 / 11:51

JPMorgan donates JPMorgan donates $1m, rolls out employee matching programme for Ukraine relief effort

JPMorgan is donating $1m and matching contributions from employees to aid the humanitarian crisis in Ukraine after Russian forces invaded the country.

01.03 / 11:51

Fallout Spooked bank investors assess fallout as Russia sanctions ‘extended almost daily’

Shares of European banks plunged in the wake of unprecedented sanctions — dragging down shares of banks globally as investors assess which are most exposed.

01.03 / 11:51

Citi Linklaters stops short of condemning invasion of Ukraine as pressure grows on law firms over Russia links

Magic Circle law firm Linklaters, has noted Russia's invasion of Ukraine as "deeply distressing" but stopped short of condemning the superpower's move on its neighbour as political pressure grows on City law firms over their Russia connections.

01.03 / 11:31

markets Altcoin Bitcoin Bitcoin Price $300M in crypto liquidations accompanies Bitcoin's surge to $44K

Bitcoin (BTC) hit $44,000 overnight on Mar. 1 as a rally that began Monday sparked unexpected results.

01.03 / 11:25

Citigroup Citigroup discloses $10bn exposure to Russia

Citigroup disclosed on 28 February it had nearly $10bn in total exposures to Russia at the end of 2021, some of which sit in a consumer bank it has been trying to sell and may now be stuck with.

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 / 10:45

UK plans further sanctions against Russia — set to hit more than 100 firms and oligarchs

The UK said it would work together with the European Union and the US to issue more sanctions in response to Russia’s invasion of Ukraine.

01.03 / 08:43

cryptocurrency DAO Crypto Exchange Ukraine, DAO's fundraising via cryptos cheers enthusiasts

Ukraine, fundraising via crypto assets has emerged as a key route to show support for those who are in dire need of help. After posting appeals on social media for donations of bitcoin and other digital tokens, Ukraine's government has raised almost $8 million in cryptocurrencies. Ukraine's official Twitter account made the appeal for cryptocurrency donations on Saturday following the country's invasion by Russia, posting digital wallets addresses for tokens including bitcoin and ether.

01.03 / 07:39

cryptocurrency coinbase Russia Ukraine Bitcoin Cryptocurrency Prices Today: Markets bounce back as Bitcoin, Ethereum trade in green

The global cryptocurrency market capitalisation rose 10.92 percent over the last 24 hours to $1.90 trillion, while trading volumes jumped 33.62 percent to $108.99 billion during the same period.

01.03 / 04:23

Bukele El Salvador's President Bukele Silent on Ukraine War

Media outlets in El Salvador have hit out at President Nayib Bukele and his government over the perceived “silence” on the matter of Russia’s invasion of Ukraine.

01.03 / 03:21

UPS Ripple Lira Could rising Turkish lira/stablecoin trades affect ‘real economic activity’

All over the world, COVID-19 and geopolitical tensions have amped up the rate of crypto adoption – and especially so in emerging economies. While a crypto investor in America or Western Europe may not think these changes can affect them, BIS’ quarterly review makes it clear that “cryptoisation” in emerging economies has the potential to impact everyone.

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.

01.03 / 03:13

UPS BP faces up to $25bn write-down as Rosneft value ‘probably close to zero’

In the wake of Russia's invasion of Ukraine, BP said it would offload its almost 20% stake in Russian oil firm Rosneft. The problem, say market analysts, is whether anyone will take it off their hands.

01.03 / 01:55

regulation US Treasury Dept lists digital currencies as part of effort to sanction Russia’s government

The Treasury Department and reportedly the White House are warning U.S.-based companies and individuals not to facilitate crypto transactions sent to certain Russian nationals and banks.

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