US Sanctions Squeezes Russia’s 3rd Biggest Bank into Freezing Venezuela Oil Firm’s Accounts

Russia’s third-biggest bank by assets Gazprombank has elected to freeze the bank accounts belonging to Venezuelan state oil firm Petróleos de Venezuela, S.A. (PDVSA), Reuters reports. Citing sources, the report indicated that the state-owned lender did so to lower its risks of coming under U.S. sanctions. Alongside China, Iran, Turkey and other countries, Russia is one of the strongest supporters of Venezuelan president Nicolas Maduro. Last month when Venezuela’s National Assembly head, Juan Guaido, declared himself interim president the four voiced their support for Maduro. This was contrary to the position taken by the United States and other western powers.

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Coinbase CEO, Brian Armstrong: Bitcoin is “one of the most important inventions of all-time”. It has started a global movement that has pushed firms to disintermediate individuals and their money and data.

Coinbase CEO, Brian Armstrong: Bitcoin is “one of the most important inventions of all-time". It has started a global movement that has pushed firms to disintermediate individuals and their money and data. submitted by /u/himadri-saha
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Security Firms Offer Protection for Crypto Traders in Moscow (news.bitcoin.com)

Private security firms in Moscow are offering a new service – protection for people buying and selling cryptocurrency for cash. The companies have also expressed readiness to help investigate crypto-related crimes. Police are still reluctant to work on such cases, as cryptocurrencies are not yet regulated in Russia.
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NY Regulator Demands Vigilance Against Market Manipulation from Bitlicense Firms (news.bitcoin.com)

Accusations, rumors and fears of manipulation in the cryptocurrency market have been around for a long while now. The most recent one involves Tether supposedly artificially propping up the price of bitcoin by printing USDT. Now one regulator demands that companies in its jurisdiction will take action against such possible risks.
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Bitcoin crash and cryptocurrency scams spook credit card firms, sources say

The sharp decline in bitcoin's value also creates a classic problem for any banks providing financing. Consumers who lean on credit lines to speculate — and bet wrong — may struggle to repay. The danger wasn't so acute last year when cryptocurrencies kept climbing. But since briefly exceeding …
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