Tag: Ukraine

UK Cracks Down: $9.3B Ruble-Backed Crypto Network Linked to Russia Sanctioned

By Samuel Edyme The United Kingdom has introduced new sanctions targeting Kyrgyzstan’s financial sector and cryptocurrency operations allegedly tied to Russia’s efforts to bypass Western restrictions. The measures include actions against banks, exchanges, and individuals accused of facilitating a ruble-backed stablecoin network that processed billions of dollars in transactions. According to a statement from the […]

$2.4 Billion in 8 Days: Bitcoin ETF Flows Remain Strong Despite Geopolitical Instability

By Marco Piccolo Key highlights: U.S. spot Bitcoin ETFs recorded their eighth consecutive day of net inflows, totaling $389.5 million on June 18. BlackRock’s IBIT dominated inflows, accounting for over 96% of the recent $2.4 billion streak. Despite geopolitical tensions between Israel and Iran, Bitcoin stabilized in the $104K–$105K range, reflecting a “risk-off, then stabilize” […]