Sanctions


Opinion

Bitcoiners Were Right: Weaponized Finance Just Created a Post-Dollar Planet

A wave of sanctions hitting Russia highlights the complex web of connections that make up contemporary global society – and its ultimate fragility.

A sign displays forex rates to the ruble at an exchange bureau in Moscow on Monday. (Getty Images)

Policy

Lawmakers Raise Alarm on Crypto for Sanctions Evasion as Experts Cast Doubt

Russia faces stiff financial sanctions after its invasion of Ukraine, but some say crypto is still too small to pose a major risk.

Senators Elizabeth Warren (left) and Sherrod Brown (Ting Shen/Bloomberg via Getty Images)

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

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)

Policy

Russian Sanctions May Test Crypto's Proposition

Parts of Russia are about to be cut off of the global financial system.

The Russian ruble lost value relative to the dollar after global sanctions were enacted. (Andrey Rudakov/Bloomberg via Getty Images)

Markets

Cryptos Retain Gains as Ukraine Security Crisis Continues to Deteriorate

Talks between the two sides appear to have led nowhere.

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

Policy

Ukraine Lawyer Says Country Has Received Numerous Russian Wallet Addresses for Crypto 'Blacklist'

Ukraine also promised a reward for the information, but the exact amount will depend on how much is used for the military resistance.

CoinDesk placeholder image

Markets

First Mover Asia: The Petroyuan Is No Russia Sanctions Buster; Bitcoin 15% Gain Is Largest in a Year as Investors See Opportunity for Crypto

The People's Bank of China maintains strict capital controls over the country's currency; bitcoin rose over $43,000 and most other major cryptos were well into the green.

(Swift)

Policy

Ukraine Asks Binance, Coinbase, 6 Other Crypto Exchanges to Block Russian Users

Earlier today, U.S. authorities added regulations aimed at thwarting the use of digital currencies and assets to evade sanctions.

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