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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.

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Russia’s Finance Ministry Opposes Central Bank Call for Crypto Ban

Russia needs to regulate cryptocurrencies, not ban them, says the head of the financial policy department at Russia’s Ministry of Finance, Ivan Chebeskov. This comes as the Bank of Russia issued a report earlier this month calling for all crypto trading and mining to be made illegal in the country.

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Russian Bank Calls for Crypto Ban, Korea’s Lofty Metaverse Goals

Russia’s central bank calls for crypto ban. Foxconn chair says 2022 is the first year of the metaverse for the company. South Korea aims to become top five metaverse leader by 2026. 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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Why Is Russian Central Bank Calling for a Full Ban on Crypto?

Russia's central bank said in a report released Thursday the country must make crypto trading, mining, and usage illegal. CoinDesk reporter Anna Baydakova breaks down the implications of the report and its potential repercussions on the global crypto industry. "For the bank of Russia ... crypto is a big complication in their job, and they just want to get rid of it," Baydakova said.

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Bank of Russia: Stock Exchanges Should Avoid Crypto-Related Funds

The Central Bank of Russia announced Thursday stock exchanges in the country should avoid listing investment products related to cryptocurrency prices. “The Hash” panel discusses the underlying nuances for central banks controlling the money supply.

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