Russia and Ukraine At a time when peace talks between the two countries were accelerating, bad news came from Russia, where the sanctions rested on the neck. Russia took a drastic step for the US dollar after talk of being removed from the SWIFT system and sanctions imposed on many banks. Russian leader Putin, formally declared capital control.
Extreme Steps Started in Russia
According to the information transferred, Putin banned foreign currency transfers to accounts outside of Russia. The said decree prohibiting this was signed, and in this way, it is actually aimed to prevent the outflow of foreign currency reserves out of the country. Although it still seems like a remote possibility to confiscate citizens’ money, it is almost impossible to get money out of the country at the moment.
Britain also announced today that it will freeze the assets of all Russian banks, and news like this actually contributed to the pull of the Ruble to its lowest level in history. Although it is not known how Russia will cope with this great economic crisis for now, it is known that an important decision was taken by Putin today. Putin ordered the implementation of the “Anti-Economic Sanctions” program and steps are being taken in this regard. These are expected to increase and intensify in the coming days.
Bitcoin and cryptocurrencies, on the other hand, started to rise on a day when these events took place. BTC has again crossed over $ 40,000 and is currently trading at $ 41,000. It is a very reasonable alternative for citizens to send BTC instead of dollars.