sanctions

Today in Crypto: Russian Investors Continue Crypto Trading; Bain Capital Debuts $560M Crypto Fund
Today in Crypto: Russian Investors Continue Crypto Trading; Bain Capital Debuts $560M Crypto Fund
March 08, 2022  |  Cryptocurrency

Russian investors will likely be conducting transactions in bitcoin and other cryptocurrencies in spite of sanctions, Bloomberg reported Tuesday (March 8). Get the Full Story...

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Discover/Diners Club Suspends All Actions in Russia
Discover/Diners Club Suspends All Actions in Russia
March 08, 2022  |  Credit Cards

The Discover card network said Tuesday (March 8) it has no active partners in Russia and Belarus, and that its Discover, Diners Club, Network Alliance...

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Today in Crypto: Coinbase Blocks 25,000 Russian-Linked Addresses; Coinbase Adds ‘Experimental’ Label
Today in Crypto: Coinbase Blocks 25,000 Russian-Linked Addresses; Coinbase Adds ‘Experimental’ Label
March 07, 2022  |  Cryptocurrency

Cryptocurrency trading platform Coinbase has blocked more than 25,000 wallet addresses linked to illicit activities by Russian individuals or entities, a Bloomberg report said Monday...

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US Treasury Dept. Warns of Possible Evasions of Russian Sanctions
US Treasury Dept. Warns of Possible Evasions of Russian Sanctions
March 07, 2022  |  Legal

The U.S. Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, has issued an alert advising financial institutions to be wary of companies trying to dodge...

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Mastercard, Visa, PayPal, Amex Suspend Russian Operations
Mastercard, Visa, PayPal, Amex Suspend Russian Operations
March 06, 2022  |  International

American Express is joining Visa, Mastercard and PayPal in suspending operations in Russia following its invasion of Ukraine, a press release said. Get the Full...

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Russian Flight to Cryptocurrency Hasn’t Happened, Analysis Shows
Russian Flight to Cryptocurrency Hasn’t Happened, Analysis Shows
March 03, 2022  |  Cryptocurrency

The narrative that Russians have been evading sanctions through cryptocurrency in the wake of its invasion of Ukraine may not be true, Bloomberg reported Thursday...

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EU Eyes Tougher Measures to Block Crypto Use to Circumvent Sanctions
EU Eyes Tougher Measures to Block Crypto Use to Circumvent Sanctions
March 02, 2022  |  Cryptocurrency

The EU will be looking at new ways to make sure digital assets aren’t used to dodge sanctions against Russia, a Financial Times report said...

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Rich Russians Turn to High-End Jewelry, Watches to Preserve Wealth
Rich Russians Turn to High-End Jewelry, Watches to Preserve Wealth
March 02, 2022  |  International

The Russian wealthy class, attempting to avoid the plummeting value of the ruble, are buying luxury jewelry and watches to retain the value of their...

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Russian Consumers Not Panicked by Sanctions, Report Says
Russian Consumers Not Panicked by Sanctions, Report Says
March 02, 2022  |  International

Day after a number of countries imposed harsh sanctions on Russia over its invasion of Ukraine, consumers in that country are more resigned than anything...

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