Major Cryptocurrencies—Including Bitcoin, Ether—Rise Amid Fears Russia Will Evade Sanctions With Crypto

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Major Cryptocurrencies—Including Bitcoin, Ether—Rise Amid Fears Russia Will Evade Sanctions With Crypto
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I am a London-based reporter for Forbes covering breaking news. Previously, I have worked as a reporter for a specialist legal publication covering big data and as a freelance journalist and policy analyst covering science, tech and health. I have a master’s degree in Biological Natural Sciences and a master’s degree in the History and Philosophy of Science from the University of Cambridge. Follow me on Twitter @theroberthart or email me at [email protected]

have called on exchanges to block Russian users and freeze assets linked to Russian and Belarusian people. Bitcoin is now worth more than the Russian ruble. The surge in bitcoin’s value has coincided with the tumbling value of Russia's ruble following stinging sanctions punishing the Russian economy. According to

from CoinMarketCap, the market capitalization of bitcoin now exceeds the supply of the Russian ruble .

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