Georgia’s Leavingstone Sells Russian Territories As NFTs To Support Ukraine
In the form of NFTs, a tech innovation firm based in Georgia’s capital Tbilisi is now “selling Russia piece by piece.” The proceeds from the collectibles, which depict nearly 2,500 Russian regions, will be used to aid in the reconstruction of Ukraine. Leavingstone, a Georgian digital creative agency, has joined efforts to raise funds for […]
Exmo crypto exchange suspends services in Russia and Belarus
Exmo, a cryptocurrency trading platform based in London, is the latest crypto trading platform to formally suspend its operations in Russia and Belarus as a result of Russia’s invasion of Ukraine. Exmo said on Monday that it is selling its digital asset business in Russia and Belarus to a Russian softwa re development company. The […]
Currency.com halts services to Russian users
Currency.com has joined the list of crypto exchanges that have barred Russian users from having access to the services they provide. Currency.com, a cryptocurrency trading platform, has declared that it has ceased operations for Russian clients in response to Russia’s “violence and chaos” forced on the people of Ukraine. Currency.com announced on Tuesday that Russian […]
Russian Prime Minister Declares That Russians Collectively Hold $130 Billion In Crypto
Russians reportedly own over $130 billion in crypto, although the government is yet to adopt legislation on crypto use. The Russian prime minister stated that Russians’ cryptocurrency holdings are worth billions of dollars, but the government has yet to develop a regulatory framework for the industry. Russians collectively own more than 10 trillion rubles ($130 […]
U.S. Government Warns Crypto Companies Against Assisting Russia
The United States Government appears convinced that Russia could use cryptocurrencies to escape sanctions hereby warning crypto companies against helping Russia. According to Deputy US Treasury Secretary Wally Adeyemo, anyone who tries to help Russia avoid economic sanctions would be held accountable by the US government. This comes after the United States and its allies […]