Russia
FinCEN Includes Crypto in Alert on Potential Russia Sanctions Evasions, President Biden to Sign Executive Order on Crypto
While the war between Russia and Ukraine continues, concerns regarding Russian use of cryptocurrency to circumnavigate economic sanctions have been affirmed by FinCEN in a recently issued alert. “The Hash” discusses the current state of crypto regulation as President Joe Biden plans to sign an executive order on the crypto industry following new sanctions on Russian oil imports.
Crypto Still Isn't Helping Russian Oligarchs Evade Sanctions
This feels like a perfect test case for crypto’s value proposition that has yet to materialize.
Bitcoin Higher as US Ban on Russian Oil Imports Roils Markets
Crypto traders are still evaluating the potential impact of soaring oil prices on bitcoin's price – if any.
Ukraine Deputy Minister for Digital Transformation on Raising $60M in Crypto Donations
Alex Bornyakov, deputy minister for Ukraine’s Ministry of Digital Transformation, joins “First Mover” to discuss the $60 million raised in cryptocurrency following Russia’s invasion and how it has provided critical supplies to their military and citizens.
GEM Mining CEO on Rising Global Hashrate Amid the Russia-Ukraine Conflict
John Warren, GEM Mining CEO, joins “All About Bitcoin” to explain why the global hashrate for bitcoin mining is increasing while the Russia-Ukraine conflict causes political disturbance throughout the world. Plus, a conversation on the differences between publicly traded mining companies and private ones and GEM’s plans to launch another 14,000 miners.
Can Bitcoin’s Price Reach $1M?
Lark Davis, crypto analyst and author of Wealth Mastery Investor Report, joins “All About Bitcoin” to explain why bitcoin will eventually be worth $1 million. Plus, a conversation about Russia’s taxation on exchanging rubles for dollars or euros and the limited supply of bitcoin.
Data Suggests Number of Ordinary Russians Adopting Crypto Is on the Rise
In today’s “Chart of the Day” segment, Christine Lee presents a chart illustrating that the number of bitcoin addresses holding more than or equal to one dollar is rising alongside trading volume in Russia, possibly indicating that the crypto is being adopted as a financial safe haven by everyday Russians to preserve wealth and not by warmongers looking to avoid sanctions. Plus, data regarding investments flows into crypto funds.