All the money raised will be used for the restoration of the cultural heritage of Ukraine.
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Slavik Fokin, an executive and investor in the blockchain space, describes his experience of staying in Ukraine during the war.
The market value of stablecoins has risen steadily driven by the strong market demand.
According to the law, National Bank of Ukraine, the country’s central bank, and the National Securities and Stock Market Commission will be in charge of monitoring crypto participants and companies.
The cards of the two American companies issued by Russian banks will stop operating in shops and ATMs outside Russia in the coming days.
Each NFT is made in one copy and costs 15 XTZ. All funds will be transferred to the Ukrainian charity funds.
Economic sanctions have led to the collapse of the Russian ruble, making it difficult for Russian citizens to protect their savings or purchase basic necessities.
The US and EU nations will ensure that Russian banks are removed from the SWIFT messaging system, disconnecting them from the international financial system and restrict their ability to operate globally.
Sanctions imposed by Western countries already costs Russia’s economic growth by 2.5% –3% a year; which is about $50 billion per year.