Here a piece of big news has come on the web, that Authorities in Kyiv have issued a call on social media for information about crypto wallets controlled by Politicians in Russia and Belarus. Deputy Prime Minister of Ukraine has made an announcement on Twitter on Saturday that the country’s crypto community will reward those who give details leading to their identification. The rewards will be funded by private donations, according to Artem Afian, a lawyer is managing the effort. Quoted by Bloomberg he said he has found tips already of matching Political figures with crypto addresses. The planning is to share them with major exchanges and the blockchain forensics firm Chainalysis which has been monitoring Russian transactions, this statement has been given by Afian. Here are several things for telling you about the news. You are on the right page for getting the right information. We will tell you all the details in this article.
According to another report, which has been revealed that several trading platforms have imposed restrictions for users based in the Russian Federation. The Ukrainian crypto exchange Kuna told Fork long it detects all pairs with Russian ruble and stopped deposits and withdrawals. Withebit rejects new registrations from Russia while Cex.io is not conveying or serving customers from Russia, Belarus, and Ukraine. Scroll down the page for getting more information.
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In Kyiv, the government has been urging stronger sanctions against Moscow in advancing Russian forces. The Initiative to blacklist wallets owned by Politicians of Russia comes as Ukraine itself resorts to using cryptocurrency to finance its defense effort. When the began of the invasion, the country has increased more than $17 million in Crypto donations. Several details remain to tell in this article.
Furthermore, Canada, the United States, the United Kingdom, The European Commission, and several EU member states-France, Italy, and Germany have announced their commitment to reducing “Selected Russian banks” from the SWIFT messaging network for interbank payments. The tightening of western sanctions, reduced at isolating Russia from global finances, has increased concerns that Moscow may turn to cryptocurrency in order to circumvent the mounting restrictions. Russian institutions have been actively serving to regulate crypto transactions and the Ministry of Finance currently submitted a new bill to the federal government. We have shared all the important details in this article which we know about the news. If we get any updates we will tell you first at the same site. Stay tuned for more updates.