Ukraine


Policy

No, Crypto Won't 'Fix This' for Russia

Cryptocurrency is an unlikely workaround for expanded U.S. sanctions against Putin's government following the Ukraine Invasion, according to legal and blockchain experts.

Kyiv. (Photo by Chris McGrath/Getty Images)

Markets

Tether's USDT Stablecoin Well Over $1 on Ukrainian Crypto Exchange

Tether, which is supposed to represent a $1 value as a dollar-linked stablecoin, is trading above its peg on the Ukrainian exchange amid tensions.

Tether's USDT was trading at around $1.10 on Ukrainian crypto exchange Kuna on Thursday. (Kuna)

Videos

Biden to Impose Additional Sanctions on Russia

Nikhilesh De, CoinDesk Managing Editor for Global Policy and Regulation, discusses the geopolitical implication of Russia’s recent invasion of several Ukrainian cities, looking at the possibility for increased sanctions on Russian banks and oligarchs. Plus, a look into how NATO allies might respond to the situation.

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Videos

Crypto Market Cap Tumbled to $1.5T While Gold and Oil Prices Soar Amid Russia-Ukraine Conflict

Michele Schneider, Marketgauge Group Managing Director, joins “First Mover” to discuss the current state of the crypto markets following Russia’s invasion of Ukraine. Additionally, Schneider shares her take on bitcoin as a hedge against inflation and storage of value, and the price actions of altcoins

Recent Videos

Videos

Russian Attack Hits Crypto: MUFG to Close Blockchain Venture

Crypto market drops after Putin announces military operation in Ukraine. Japan’s biggest financial group to shutter blockchain payment venture. Chinese authority makes clarification over crypto mining ban. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Markets

Cardano’s ADA Dives 18%, Leading Plunge in Cryptos as Russia Begins War With Ukraine

Global stocks are tumbling alongside cryptocurrencies, with Western European indexes down nearly 5% and U.S. futures pointing to about a 3% opening decline.

(CoinDesk archives)

Policy

Ukraine Central Bank Suspends Use of Electronic Money Following Russian Invasion

The ban is one of several restrictions imposed by the National Bank of Ukraine on the imposition of martial law in the country.

National Bank of Ukraine (Shutterstock)

Markets

Bitcoin Falls 7% as Russia Invades Ukraine; Experts Say Fed U-Turn on Rate Hikes Unlikely

It's a Catch-22 situation for the Fed, with geopolitical uncertainty posing risks to financial market stability and oil's move above $100 likely to bolster inflation.

Federal Reserve Chair Jerome Powell at his renomination hearings in January. The Fed is mulling its 2022 interest rate plans. (Brendan Smialowski-Pool/Getty Images)

Markets

Bitcoin Crashes 9% as Missiles Strike Kyiv, Airport Captured

The world's largest cryptocurrency by market value was trading about $34,725 at time of writing after passing $39,000 on Tuesday. Markets in Asia are also down during trading day as the scale of war expands.

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