EU Set to Ban Russian Crypto Payments; Chinese Investors Could Snap Up Cryptos as Yuan Slides

Caution - Russia Ukraine Conflict

This item is about Russia or Ukraine, countries which are involved in an unfolding armed conflict. Be aware that propaganda may be involved in this video news item. Browse news from other sources about Russia (here) and Ukraine (here) to gain a wider perspective. The Global Herald is attempting to remove any advertisements from this content. Please accept our apologies if you are shown an ad next to conflict news - please leave a comment if you see ads in this page.

Eu set to ban russian crypto payments; chinese investors could snap up cryptos as yuan slides

CoinDesk published this video item, entitled “EU Set to Ban Russian Crypto Payments; Chinese Investors Could Snap Up Cryptos as Yuan Slides” – below is their description.

The European Union will tighten restrictions on Russians’ crypto investments within the bloc as it seeks to respond to “sham” independence votes being held in Russian-occupied regions of Ukraine. Novum Alpha CEO says Chinese investors might snap up digital assets now as the yuan depreciates. The California Department of Financial Protection and Innovation (DFPI) filed cease-and-desist orders against 11 little-known crypto firms Tuesday.

CoinDesk YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - CoinDesk

CoinDesk is a news site specializing in bitcoin and digital currencies. The site was founded by Shakil Khan and was subsequently acquired by Digital Currency Group.

Recent from CoinDesk:

Centralized Crypto Exchanges Will Still Remain Dominant After FTX Collapse, JPMorgan Says

Joke About Wrapped Ether Spooks Crypto Twitter

The Case For Crypto Literacy as BlockFi Follows FTX Into Bankruptcy

In This Story: California

California, a western U.S. state, stretches from the Mexican border along the Pacific for nearly 900 miles. Its terrain includes cliff-lined beaches, redwood forest, the Sierra Nevada Mountains, Central Valley farmland and the Mojave Desert. The city of Los Angeles is the seat of the Hollywood entertainment industry. Hilly San Francisco is known for the Golden Gate Bridge, Alcatraz Island and cable cars.

2 Recent Items: California

Big #California Update! #shorts

Ex-Virginia Trooper Dead After Killing Family Of Teen He #Catfished

In This Story: Ukraine

Ukraine is a large country in Eastern Europe known for its Orthodox churches, Black Sea coastline and forested mountains. Its capital, Kiev, features the gold-domed St. Sophia’s Cathedral, with 11th-century mosaics and frescoes. Overlooking the Dnieper River is the Kiev Pechersk Lavra monastery complex, a Christian pilgrimage site housing Scythian tomb relics and catacombs containing mummified Orthodox monks.

2 Recent Items: Ukraine

NATO meeting: US, allies pledge support for Kyiv

Ukrainian Moms Embrace Life After Nine Months Of War

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.