Russia
Russian Banks Cut Off From SWIFT, Role of Crypto as the War With Ukraine Escalates
With several Russian banks removed from the SWIFT financial messaging system, Solidus Labs Director of Regulatory Affairs and Compliance Policy Liat Shetret joins “First Mover” to discuss what impact these sanctions have geopolitically, implications for cryptocurrencies, the Russian digital ruble and more.
Russia-Ukraine Updates: SWIFT Ban, Starlink Activation and More
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De joins “First Mover” to discuss the Russia-Ukraine crisis. De explains how the Central Bank of Russia may try to circumnavigate the ban from the SWIFT interbank messaging system and draws comparisons to 2012 when Iranian banks were blocked from the network.
Binance Assembles Sanction Task Force; India Seeks Bitcoin Clarity
Russian soldiers offered crypto for surrender. Binance working to comply with sanctions on Russia. India’s Supreme Court asks government for answer on crypto legality. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Is Bitcoin Truly 'Uncensorable Money'?
From the truckers protest in Canada to the Ukraine-Russia crisis, is bitcoin ready to live up to being the "uncensorable money"? CoinDesk's week in review panel Christie Harkin and Brad Keoun join fill-in host Lawrence Lewitinn to unpack the top stories moving the bitcoin markets.
Bitcoin Faces Resistance at $40K, Investors Eyeing March Fed Meeting
Bitcoin facing volatility amid the Russia-Ukraine crisis with prices rangebound between $30,000 and $40,000. If BTC breaks through the key resistance of $40,000, we will be in a “bullish regime,” CoinDesk’s Brad Keoun says. Plus, people are sending bitcoin to aid the Ukrainian military.
People Sending Bitcoin to Aid Ukraine's Military
A bitcoin wallet listed by a charity organization has received more than 19 bitcoins worth around $700,000 to support the Ukraine military against Russian invasion. "Market speculation is a tiny fraction of the promise of bitcoin which ultimately is the ability to have uncensorable money," Naomi Brockwell says, adding that people are starting to see the real value of BTC. "The Hash" hosts dive into the uncertainty around where this money is going, how off-ramping these bitcoin would work and more.
Ethereum Mining Pool Cuts All Services to Russia
Ethereum mining pool Flexpool has cut services to Russian users, in a move to show solidarity with Ukraine. The pool says they did not want to profit from the crisis or fund it directly.
Former CIA Analyst on Role of Crypto as US Expands Sanctions Against Russia
Yaya Jata Fanusie, chief strategist at Cryptocurrency AML Strategies and former CIA analyst, joins “First Mover” to discuss U.S. President Joe Biden’s new sanctions targeting Russian banks and technology exports following Russia's invasion of Ukraine. Fanusie provides insights on the role of cryptocurrencies amid government sanctions, central bank digital currencies and whether Russia can be excluded from the Swift system.
Cryptocurrency Is an Unlikely Workaround for Expanded US Sanctions Against Russia
No, crypto won’t “fix this” for Russia, CoinDesk’s Global Policy and Regulation Managing Editor Nik De explains why legal and blockchain experts are saying that cryptocurrency is an unlikely workaround for expanded U.S. sanctions against the Russian government. Plus, are sanctions enough?