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Russia
Bitcoin Breaks Above $40K
After a weekend of choppy trade, the popular crypto began a sizable move higher as the U.S. returned to work on Monday morning.

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.”

First Mover Americas: Bitcoin Shows No Signs of Panic Even as Worst Case Scenario Looms
The latest moves in crypto markets in context for Feb. 28, 2022.

US Treasury Prohibits Transactions With Russia's Central Bank
The Office of Foreign Assets Control (OFAC) has also sanctioned the Russian Direct Investment Fund.

Ukraine Government Is Using Crypto Aid to Purchase Critical Supplies
Around $10 million in crypto donations sent to the Ukrainian government has already been spent.

US Shutters Embassy in Belarus Amid Russia-Ukraine Peace Talks
As with mainstream financial markets, cryptocurrency has felt the ripples of the hostilities in Eastern Europe.

Ukraine Asks Exchanges to Freeze Russian, Belarusian Crypto Accounts
Binance and Kraken won't freeze accounts for now, while DMarket will.

Bitcoin Resilient as Commodity Prices Inflate, Dollar Strength May Hurt
The sustainability of bitcoin's gains is under question, as the escalating Russia-Ukraine crisis has led to stress in the dollar funding markets.

Russian Banks Raise Key Rates to 20% in Desperate Measure to Save Ruble
The country faces sanctions from the West as the war against Ukraine continues.

Central Bank of Russia Braces for Turmoil With Nonresident Trading Ban
Nonresident holders of Russian equities won't be able to cash out, at least for now.
