Russia
Ukraine Ceasefire Breakthrough Sends Markets Into Green; Bitcoin Retakes $83K
Also giving a boost was an easing in trade tensions between the U.S. and Canada.
Tether Freezes $28M USDT on Russian Crypto Exchange Garantex
"Tether has entered the war against the Russian crypto market and blocked our wallets worth over 2.5 billion rubles," Garantex said.
U.S.-Sanctioned Countries Such as Iran Leaning Heavily Into Crypto: Chainalysis
A new report from the analytics firm says that sanctioned jurisdictions and groups were responsible for 39% of illicit crypto transactions last year.
Russia Imposes 6-Year Ban on Crypto Mining in 10 Regions, Citing Energy Use: Tass
Temporary bans may be imposed in other regions during peak energy demand, Tass reported
Microsoft, Russia Consider Proposals to Buy Bitcoin
Microsoft shareholders voted against a proposal that would have directed the company board to consider adding bitcoin to the firm's treasury holdings. Plus, Russia's plan for a strategic bitcoin reserve and crypto developments in Latin America. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
Russian Lawmaker Proposes Creating Strategic Bitcoin Reserve: Report
Anton Tkachev proposed "assessing the feasibility of creating a strategic BTC reserve in Russia by analogy with state reserve in traditional currencies."
U.S. Treasury Sanctions 5 People, 4 Entities Tied to Russian Money Laundering Group
One of the entities which helped Russian oligarchs evade U.S. sanctions is registered in Sheridan, Wyoming.
Putin Says No One Will Be Able to Ban Cryptocurrencies: State Media
The Russian president said cryptocurrencies will continue to develop no matter what happens to the U.S. dollar.
Global Effort Disrupts Russia Linked Network Using Crypto to Evade Sanctions, U.S. Charges Two Russians
U.S. President Joe Biden said "to counter Russian sanctions evasion and money laundering, the Department of Justice, the Department of the Treasury, and the U.S. Secret Service have taken action today to disrupt a global cryptocurrency network, in coordination with international partners."
SUI Beat the Market With Nearly 20% Rally; Deutsche Bank Survey Shows Crypto Is Here to Stay
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as bitcoin surpassed $58,000 during Asian trading hours on the back of a U.S. tech stock rally. This comes as the SUI token beat the market with its nearly 20% jump. Plus, a Deutsche Bank survey finds that U.S. consumers are warming up to crypto, and the Bank of Russia wants the country's largest banks to support a digital ruble by July 2025.
