The price of Bitcoin fell sharply after Russian President Vladimir Putin went on TV to announce a "special military operation" to complete the "disarmament" of Ukraine. All current signs point to Russia's invasion of Ukraine, and there are media reports of explosions in the capital of Kiev.
Thailand Stock Exchange to Launch Digital Asset Exchange "Coming Soon"
The Thai Stock Exchange is preparing to launch a digital asset exchange. The head of the Thai exchange expects the Thai Securities and Exchange Commission (SEC), the country's cryptocurrency regulator, to approve the launch "very soon."
Kazakhstan Terminates 13 Crypto Mining Farms
Kazakhstan's Ministry of Energy discovered and stopped the activities of 13 illegal digital asset mining farms. Collectively, they used over 200 megawatts of electrical capacity.
Brazil: Senate Committee Approves Crypto Regulatory Bill to Promote Growth
Regulatory actions for the cryptocurrency industry have gained increasing momentum worldwide this year as the $1.84 trillion industry is more rooted in the financial market. Another country that stepped up its surveillance on digital assets soon after last week was Brazil, when reports that US President Joe Biden had signed an executive order on crypto regulation.
S&P Drops to Lowest Point Since June 2021 as BTC Extends Losses
Stock and cryptocurrency markets continued their decline on Wednesday as Ukraine situation intensified. Pentagon spokesman John Kirby said that Russian forces continued to build up on the Ukrainian border, and later statements from Russia confirmed this news flow.
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