Russia


Finance

Top Russian Bank Quits Europe, Citing Sanctions: Report

The European Central Bank had ordered the closure of Sberbank's European unit over Ukraine conflict.

Sberbank is dropping out of EU markets citing sanctions (Milan Jaros/Bloomberg via Getty Images)

Policy

EU Excludes 7 Russian Banks From SWIFT

The bloc is also studying whether crypto is being used to evade sanctions.

A European swift (TheOtherKev/Pixabay)

Markets

Putin Is Temporarily Banning Foreigners From Pulling Money Out of Russia

The ban will reportedly go into effect on Wednesday.

Money exchanger in Ukraine (Ethan Swope/Bloomberg via Getty Images)

Policy

CryptoPunk NFT Is Latest Donation to Ukraine’s $33M Campaign

The sought-after NFT could be worth $200,000 according to some estimates.

A screenshot of Crypto Punk #5364 (OpenSea)

Markets

First Mover Asia: China’s Potential SWIFT Competitor CIPS Won't Help Russia Much; Bitcoin, Ether Rise Again

The Chinese system has just 75 members and processes only a fraction of the transactions that SWIFT handles.

Kyiv. (Photo by Chris McGrath/Getty Images)

Policy

At Least $14M Out of $26M in Donated Crypto to Ukraine Already Disbursed

The founder of the Kuna crypto exchange behind the government's crypto fundraising said on CoinDesk TV that the money is being spent "efficiently."

(Michael Chobanian on CoinDesk TV)

Videos

Bitcoin Extends Rally as Russian Ruble Crashes Amid Ukraine Conflict and Global Sanctions

Anthony Saccaro, Providence Financial and Insurance Services founder, discusses the macro factors currently driving the bitcoin markets, including the Russian ruble's devaluation amid the Russia-Ukraine conflict, the prospect of interest rates hikes in the United States, and bitcoin's recognization as an alternative asset class during wartime.

Recent Videos

Videos

Ukraine Bitcoin Trading at 6% Premium as Russia-Ukraine Conflict Intensifies

In today’s “Chart of the Day” segment, Christine Lee presents a chart from Kaiko showing bitcoin trading at a 6% premium on Binance’s Ukrainian hryvnia market, compared to bitcoin’s price in the U.S. dollar market following Russia’s invasion of Ukraine.

CoinDesk placeholder image

Videos

Binance Executive Responds to Ukraine's Call for Blacklisting Accounts Linked to Russia

Ukrainian Vice Prime Minister and Minister of Digital Transformation Mykhailo Fedorov sent official letters to eight cryptocurrency exchanges, requesting them to stop servicing Russian users because of concerns that digital currencies are being used to evade sanctions. Binance Chief Communications Officer Patrick Hilmann addresses questions over whether Binance should block usage of the Russian ruble. Plus, Hilmann sheds light on Binance’s $10 million donation to Ukrainian refugees and their ambitions with the Humanity First – Ukraine Emergency Relief Fund initiative.

Recent Videos

Opinion

Why Crypto Networks Should Preserve Russian Propaganda

The internet is the information war’s venue. Social giants Twitter and Facebook may delete Russian misinformation, but there’s a strong case that “fake news” should be preserved.

(Shutterstock)