EU will block 7 Russian banks SWIFT and ordinary Russians could be subject to consequences

On Wednesday, the European Union announced that within 10 days, it intends to remove seven Russian banks from the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, messaging system. The list of sanctioned banks includes Russia’s second-largest …

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US Treasury Dept lists digital currencies as part of effort to sanction Russia’s government

According to reports, the Treasury Department and the White House have warned U.S.-based individuals and companies not to support crypto transactions to Russian nationals or banks. According to regulations from the Treasury Department’s Office of …

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Crypto exchanges take into account Ukraine’s name to freeze Russians’ Bitcoin

Because the West continues to impose extra sanctions in opposition to Russian banks following Russia’s invasion of Ukraine, one Ukrainian official has referred to as for sanctions on Russians’ cryptocurrency holdings as nicely. Mykhailo Fedorov, …

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