Sanctions made over Russia and this time US asks cryptocurrency exchanges to follow the same rules of sanctions. The same is being requested by the Ukraine Vice Prime Minister.
Russian people started to use cryptocurrencies as a way to overcome the sanctions
Visa and MasterCard stopped their services in Russia.
but according to information circulating that Binance, the world's largest crypto exchange, Coinbase Global Inc, and US-based Kraken said they would remain in Russia, rejecting Ukraine's calls for a total ban of users in the country.
Of course, it allows Russia to continue to use crypto as a tool for every transaction carried out.
Official announcement on receiving donation in terms of cryptocurrencies were posted by Ukraine Government. Until now more than $65million received.
Ukraine's President Volodymyr Zelenskyy signed the law to officially legalize cryptocurrency.
Yes, the Ukrainian government received bitcoin and ethereum cryptocurrency donations. These funds will be used to supply equipment for the Ukrainian troops (
why not for the people who are experiencing difficulties) following the Russian invasion last week. The donations began to be collected when Russian troops captured two small towns in southeastern Ukraine, as well as the area around the nuclear power plant. Since the seizure, the official Twitter account of the Government of Ukraine has applied for crypto donations.
it is very unfortunate that something like this happened and it will obviously have an impact on the situation in their country. with an invasion like this of course there is no profit, even loss for them. In fact, the two leaders were able to have a good dialogue and were able to resolve it peacefully because the civilians in Ukraine were directly affected.