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Russia Invades Ukraine: Impact on the Markets

Here's a roundup of our news and analysis on Russia's invasion of Ukraine and its impact on crypto markets and the digital-asset industry.

Updated May 11, 2023, 4:35 p.m. Published Feb 24, 2022, 9:55 p.m.
Map of Ukraine. (Openverse, modified by CoinDesk)
Map of Ukraine. (Openverse, modified by CoinDesk)

(All times in coordinated universal time or UTC.)

Feb. 28

STORY CONTINUES BELOW
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18:50 Crypto Donations Are About More Than Censorship-Resistance

13:54 First Mover Americas: Bitcoin Shows No Signs of Panic Even as Worst Case Scenario Looms

12:51 US Treasury Prohibits Transactions With Russia's Central Bank

11:31 Ukraine Government Is Using Crypto Aid to Purchase Critical Supplies

11:06 Russia-Ukraine Peace Talks Start in Belarus

8:54 Russia Banks Raise Key Rates by 20% in Desperate Measure to Save Ruble

7:42 Central Bank of Russia Braces for Turmoil With Non-Resident Trading Ban

7:40 Ukraine Asks Exchanges To Freeze Russian, Belarusian Crypto Accounts

6:28 Ruble-Denominated Bitcoin Volumes Surges to 9-Month Highs

5:33 Crypto Donations to Ukraine Near $10M

Feb. 27

21:09EU Plans €500M Weapons, Aid Package for Ukraine to Help Repel Russian Invasion

19:53New DAO Raises $3 Million in ETH for Ukrainian Army

17:36Elon Musk Steps Up to Save Ukraine's Internet, but Details Are Sparse

15:35Putin Puts Russia Nuclear Forces on High Alert Following Sanctions

Feb. 26

19:30EU Close to Cutting Russia Off From SWIFT Over Ukraine Invasion

19:14Ukraine Mounts Effort to Surveil Russian Politicians’ Crypto Wallets

16:58Ukrainian Government Is Seeking Crypto Donations

Feb. 25

23:51US Sanctions Russian President Vladimir Putin

22:55Former CFTC Chair Giancarlo on Russian Sanctions, CBDCs and Dollar Hegemony

21:22Market Wrap: Cryptos and Stocks Rise on Possibility of Russia-Ukraine Talks

19:47Apolitical Crypto Networks in Times of War and Crypto

19:20ECB Wants Quick Action on Crypto Regulation Following Russian Sanctions

16:21Patreon Removes Ukrainian Charity Raising Military Aid Over Policy Violation

10:38Ethereum Mining Pool Flexpool Halts All Services to Russia in Wake of Ukraine Invasion

8:56Short Positions See $143M in Liquidations as Bitcoin, Ether Gain 10%

Feb. 24

23:29 15 Key Economic Questions After Russia Invades Ukraine

23:26 First Mover Asia: India Crypto Firms, Regulators Continue Their Regulatory Debate; Bitcoin Recovers From a Post-Invasion Freefall

21:26 Market Wrap: Bitcoin Stabilizes Amid Geopolitical Uncertainty

20:55 People Are Sending Bitcoin to Aid Ukraine's Military as Russia Advances

20:32 Major Reversals From Overnight Action Continue Following Biden Sanction Remarks

19:37 President Biden Announces Technology Export Controls, Bank Sanctions Against Russia

19:35 Bitcoin Price Drop on Russia's Ukraine Invasion Suggests It’s Not ‘Digital Gold' for Everyone

18:20 US to Expand Sanctions Against Russia After Ukraine Invasion

17:22 Tether's USDT Stablecoin Well Over $1 on Ukrainian Crypto Exchange

16:27 Bitcoin Selling Intensifies; Support at $30K Could Stabilize Correction

13:59 First Mover Americas: Traders Prefer Gold, Fiat Safe Havens Over Bitcoin as Russia Goes to War

13:47 Pain Ahead for Major Cryptos on Ukraine Crisis, With Bitcoin Seen Less Risky by Some

13:28 Cardano’s ADA Dives 18%, Leading Plunge in Cryptos as Russia Begins War With Ukraine

13:04 Russia to Restrict Crypto Trading to Licensed Platforms, Certified Wallets

9:55 Crypto Market Capitalization Slumps to $1.5T as Russia Attacks Ukraine

9:07 Ukraine Central Bank Suspends Use of Electronic Money Following Russian Invasion

7:44 Bitcoin Falls 7% as Russia Invades Ukraine; Experts Say Fed U-Turn on Rate Hikes Unlikely

6:27 Crypto Sees $242M in Liquidations Within Hours Amid Russia-Ukraine Crisis

4:00 Bitcoin Crashes More Than 7% in 24 Hours as Putin Announces 'Special Military Operation' in Ukraine

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