The pilot program for the digital currency will begin on August 15

The amendment comes as interest in Russia’s crypto usage and policy continues to grow

As the conflict in Ukraine continues to escalate, lawmakers are taking a closer look at digital assets and how they could be used to commit crimes

Investors are watching the developing conflict in Ukraine and await Biden’s executive crypto order and new interest rates

Secretary of State Blinkin revealed that the US was seeking to ban Russian oil imports, sending oil prices to their highest since 2008

BTC, ETH and equity markets saw a sharp sell-off after Russia bombed Europe’s largest power plant

BTC regained correlation with safe-haven assets this week, only to diverge Thursday

The S&P 500 rose by 1.86%, while the Nasdaq and Dow jumped 1.7% and 1.79%, respectively.

Increasing divergence between cryptocurrencies and equities has prompted suggestions that bitcoin has become a risk-off asset

A collapsing ruble and the threat of bank account seizures may be leading Russians to bitcoin to avoid financial ruin

The Ukrainian president criticized the country’s allies for their lack of assistance in stopping the Russian advance

Bitcoin started the day down as much as 7.5% after news broke that Russia had invaded Ukraine

Stocks have plunged to their lowest point since June 2021 as the country has continued to amass troops along Ukraine’s border

Putin’s advancement of troops into Ukraine has heightened fears of an invasion, leading to further losses in both crypto and equity markets

European equity markets fell Monday while cryptocurrency traders were largely unphased

Russia’s finance ministry opposes giving bitcoin legal tender status as the country moves forward with crypto regulatory plans