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Korean Exchanges Block Russians; Crypto’s Role in Conflict

South Korea’s licensed crypto exchanges all block Russian accounts. Ukraine cancels planned airdrop with NFTs to be released instead. Russian sanctions hurting as citizens look for safe havens. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Wages Aren’t Rising With Inflation, Can Crypto Help?

Michele Schneider, MarketGauge Group managing director, shares her crypto markets update with “First Mover” following Fed Chair Jerome Powell’s testimony on inflation and the release of the jobs report from the U.S. Bureau of Labor Statistics. Schneider addresses the economic tensions that arise as inflation increases while wages stay stagnant, and the uptick in crypto transaction volumes from Russia and Ukraine. 

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First Mover Asia: Palawakin ng China ang Pagsubok sa Digital Yuan habang Tinutukoy ng Russia Invasion Spotlights ang Potensyal na Papel ng Crypto; Pagtanggi ng Cryptos

Ang bansa ay malapit na sa pag-apruba ng mga pagsubok ng central bank digital currency sa ilang mga lungsod at rehiyon; Ang Bitcoin at ether ay bumababa habang ang risk-on appetite ay nawawala.

Ukraine's Ministry of Digital Transformation wants crypto exchanges to block Russian users. (Lucy Shires/Getty)

Opinyon

Mga Sandatang Pananalapi: 4 na Aralin mula sa Canada at Russia

Ang tradisyunal na sistema ng pananalapi ay isang kasangkapan na maaaring magamit kapwa laban sa kapwa mamamayan at kasuklam-suklam na mga kaaway.

(erin mckenna/Unsplash)

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Dragonfly Capital Exec.: Crypto Flourishes ‘When the Banks Aren’t Working’

Haseeb Qureshi, a managing partner at Dragonfly Capital, joins “All About Bitcoin” to discuss macro factors moving the crypto markets, highlighting the impact from both the Russia-Ukraine conflict and the COVID-19 pandemic.

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'Crack Down' sa Crypto? Siguro, ngunit T Mo Maaaring Ipagbawal ang Math

Ang mga on-ramp tulad ng mga palitan ng Crypto ay kinokontrol na, at tama nga, ang paghadlang sa mga umiiwas sa mga parusa. Ang kodigo sa pagbabawal sa batas ay magiging labag sa konstitusyon at sa huli ay walang saysay.

(Enric Moreu/Unsplash)

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Ukraine Government Cancels Crypto Airdrop, Plans for NFTs Instead

The Ukrainian government announced it's canceling the pre-planned crypto airdrop for donors. Instead, it will issue NFTs to support the Ukrainian armed forces, but emphasized there are no plans to issue any fungible tokens. “The Hash” discusses the role decentralized technology has played in the Russia-Ukraine conflict. Co-host Zach Seward emphasizes the humanitarian crisis at hand, underscoring that “this war is not a crypto story.”

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Chainalysis Exec: ‘Unlikely’ That Russia Is Evading Sanctions Through Crypto

As U.S. lawmakers push the Treasury Dept. to ensure Russia is not evading sanctions with crypto, Salman Banei, Chainalysis head of public policy for North America, responds to the concern, emphasizing the transparency of open blockchain networks. Banei explains how Chainalysis tackles mixers and other DeFi protocols in its cross-chain monitoring.

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