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Didi Taihuttu, patriarch of the so-called 'Bitcoin Family' has stated that the family is establishing roots in Portugal, Europe's ultimate crypto tax haven.
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It's possible that donations to Ukraine's government in bitcoin and ether will alter the way organizations raise money in the future.
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Russia and China's Attempts to Avoid US Economic Power.
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According to the Ukrainian government, some of Ukraine's military suppliers have cryptocurrency accounts.
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Russia's state-run media sites, Russia Today and Sputnik, have had a lot of their social media access cut off in the European Union. We've seen the most severe restrictions on RT and Sputnik that social media companies have ever put on them. The moves were announced by social media companies like Facebook and TikTok.
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Italy has confiscated luxury yachts and homes worth $156 million from Russian oligarchs, adding to mounting pressure on Russian President Vladimir Putin to end his ruthless invasion of Ukraine.
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In retaliation for Russia's invasion of Ukraine, the United States, the European Union, and other Western economies have put harsh sanctions on Russia's central bank. The sanctions have effectively cut off important Russian banks from the SWIFT payment system, thereby locking Russia out of the western financial system and putting its enormous oil export business in jeopardy.
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On paper, the United States' move to freeze Russian President Vladimir Putin's personal assets appears to be a hollow gesture.
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As Moscow's conflict on Ukraine drags on and the Russian economy and currency plummet, Washington is said to be experimenting with a new tactic to put pressure on Putin: sanctions targeting cryptocurrencies such as bitcoin and ethereum.
