Trxd Cup three

👀 What do you need to know about the currency restrictions imposed by the Central Bank of Russia?

The Bank of Russia has instituted a new temporary procedure for six months - until September 9, 2022 - to disburse funds from citizens' foreign currency deposits or accounts.

Here are some key points.

✔️ Up to $10,000 can be withdrawn from a personal foreign currency account - at each bank.

✔️ The rest can be withdrawn in rubles.

✔️ Allow transfers between own currency accounts, or to relatives' foreign currency accounts opened in other banks in the Russian Federation.

✔️ Withdrawal restrictions only apply to foreign currency deposits. There are no restrictions on ruble deposits.

Deposits in other currencies can be withdrawn after being converted into US dollars at market exchange rates. The exchange rate is determined on the withdrawal date based on the weighted average exchange rate of the relevant currencies, which is calculated on the basis of transactions concluded in organized transactions the day before the withdrawal date.

✔️ Russian citizens can replenish their foreign exchange accounts without restrictions. This can be done by purchasing non-cash currencies at banks that offer this service, as well as on exchanges through brokerage accounts.

✔️ Payments for foreign purchases and transfers not to their foreign accounts are also still available (up to a $5000 limit). However, there may be restrictions on payments on the receiving side.

The cryptocurrency market is falling sharply, with many coins continuing to rise after a deep correction and month-long period of consolidation.

In this wave of market conditions, AEX, the native token of the BSC blockchain, has been moving upwards by a significant margin. AEX has outperformed Bitcoin over the past 48 hours, up 26% at the time of writing

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[JP Morgan: Fed rate hike may trigger cryptocurrency plunge]
Cryptocurrencies could tumble further as the Federal Reserve raises interest rates and ends an era of "crazy" speculation, JPMorgan Asset Management chief global strategist David Kelly said on Wednesday. “At some stage, I would expect cryptocurrencies to suffer significant losses because there is nothing there,” he said. Investors have pulled away from riskier investments as the Fed prepares to raise interest rates several times in 2022 to curb inflation . Kelly believes that the recent market turmoil is not over, and that digital assets are particularly dangerous because they are useless. These are illusory things that are vulnerable to rising interest rates. The veteran strategist said the Fed's pandemic-era stimulus has forced bond yields to ultra-low levels, prompting investors to turn to highly speculative investments like cryptocurrencies and unprofitable tech stocks

The cryptocurrency market is falling sharply, with many coins continuing to rise after a deep correction and month-long period of consolidation.

In this wave of market conditions, AEX, the native token of the BSC blockchain, has been moving upwards by a significant margin. AEX has outperformed Bitcoin over the past 48 hours, up 20% at the time of writing

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The cryptocurrency market fell sharply, with many coins continuing to rise after a deep correction and month-long consolidation.

In this wave of market conditions, AEX, the native token of the BSC blockchain, has soared. AEX has outperformed Bitcoin over the past 48 hours, up 18% at the time of writing! 🚀🚀🚀🚀

🛎PAN Coin Market Results 🛎

🔥Amazing 💎 From its launch on March 2 to today, rake over $46, up to 46%, and continue to rise on Bittgo! Professional analysts predict that it will rise to $50 soon!

🔥PAN coins are definitely the most valuable investment coins! let us wait and see!

🔥As we mentioned, we also signal an absolute bottom to ensure all our members have a fair chance to buy at a reasonable price! Not many shares subscribed! Please take the last chance!

🛎PAN Coin Market Results 🛎

🔥Amazing 💎 rake over $44 up from the launch on March 2nd to today up to 44% and keep rising on Bittgo! Professional analysts predict that PAN will rise to $50 next week!

🔥PAN coins are definitely the most valuable investment coins! let us wait and see!

🔥As we mentioned, we also signal an absolute bottom to ensure all our members have a fair chance to buy at a reasonable price! Not many shares subscribed! Please take the last chance!

🛎PAN Coin Market Results 🛎

🔥Amazing 💎 rake over $44 up from the launch on March 2nd to today up to 44% and keep rising on Bittgo! Professional analysts predict that PAN will rise to $50 next week!

🔥PAN coins are definitely the most valuable investment coins! let us wait and see!

🔥As we mentioned, we also signal an absolute bottom to ensure all our members have a fair chance to buy at a reasonable price! Not many shares subscribed! Please take the last chance!

Russian investors continue to sweep the market as ruble-denominated bitcoin trades to another record high this year!
Cryptocurrency 20 hours ago (March 8, 2022, 12:15)

Russian investors continue to sweep as bitcoin trading volume in ruble terms hits another record high this year!
INVESTING.com - Russian investors are continuing to buy cryptocurrencies like bitcoin even as markets threaten a crackdown on Russian cryptocurrency trading.

Ruble-denominated bitcoin trading rose to its highest level so far this year on Saturday, with most of the ruble-denominated cryptocurrency transactions taking place through the centralized stablecoin USDT, which claims a one-to-one peg to the U.S. dollar, according to data from blockchain analytics firm Kaiko.

Kaiko said there was an "order of magnitude" spike in ruble-denominated bitcoin trading volume on March 5.

However, Russian bitcoin trading volume is "very small" compared to the $20 billion to $40 billion in daily global bitcoin trading volume.

Kaiko data shows that on March 5, the total volume of bitcoin traded against the ruble was only $14.2 million.

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