Thailand Considers Opening Crypto Payments for Russian and Ukrainian Tourists
Following Mastercard and Visa suspension of Russian credit cards abroad based on international sanctions, Thailand is looking at accepting cryptocurrency payments to help Ukrainian, and Russian tourists transact, according to…
Crypto is Becoming the Lifeline for Ordinary Russians, Coinbase CEO Says
Meanwhile, as the war between Russia and Ukraine ravages, Coinbase CEO Brian Armstrong believes that cryptocurrencies are emerging as the lifeline for Russians as the nation faces heavy sanctions. Armstrong…
Switzerland to Freeze Crypto Assets Linked to Russians
On Friday, the federal government of Switzerland announced plans to freeze all crypto assets held within its borders that are owned by Russian citizens and businesses sanctioned by the European…
Russia Might Resort to Bitcoin Mining as Sanctions Continue to Bite
Based on the ripple effect of sanctions slapped on Russia because of its ongoing invasion of Ukraine, Russia continues to be starving for foreign currency. It might make Bitcoin mining…
Ukraine Cancells Crypto Airdrop Program, Instead Embraces NFTs Plan
Ukraine's government announced on Thursday that it cancelled its plan of a crypto airdrop for receiving donations towards its fight against last week's Russian invasion. The authorities have instead stated…
LocalBitcoins Cuts Fees to Zero for Ukrainians Both Locally and Abroad
To ease transactions amongst Ukrainians as they face the Russian Army Invasion in their nation, the world’s leading peer-to-peer Bitcoin marketplace, LocalBitcoins, has removed all fees for them both locally…
Animoca Brands to Halt Trading Services to Russian Users
Animoca Brands, a leading blockchain company and venture capital firm based in Hong Kong, announced on Wednesday that it would stop its trading services to Russian users in response to…
Ukraine Opens Channel for Dogecoin Donations Towards Relief Efforts
As the Russia-Ukraine war rages on, Ukraine has increased the number of digital currencies it now accepts from donors, particularly those in the cryptocurrency ecosystem. In a tweet shared on…
Revolut CEO Breaks Silence on Russian-Ukraine War, Condemns Violence
The Chief Executive Officer of a digital banking app Revolut Nikolay Storonsky has condemned the Russian invasion of Ukraine, the first time he is publicly talking about the event. “For…