{"id":484502,"date":"2022-02-24T19:13:03","date_gmt":"2022-02-24T19:13:03","guid":{"rendered":"https:\/\/wncen.com\/?p=484502"},"modified":"2022-02-24T15:00:10","modified_gmt":"2022-02-24T15:00:10","slug":"wide-range-of-cryptocurrency-tools","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/","title":{"rendered":"Russia Can Avoid Sanctions By Using A Wide Range Of Cryptocurrency Tools"},"content":{"rendered":"

As the Biden administration slaps economic<\/span> sanctions<\/span><\/a> against Russia to contain the crisis in Ukraine, Russia is using various cryptocurrency tools to maintain access to foreign capital.<\/span><\/p>\n

As Russia attacked Ukraine, cryptocurrency prices fell sharply. On Thursday morning, Bitcoin prices declined to more than 8%, to settle at $34,702.18, marking its lowest level in around a month.\u00a0<\/span><\/p>\n

Ether fell more than 8% to trade around $2,407.47.<\/span><\/p>\n

Related Reading |\u00a0Quant Explains How Bitcoin NUPL Can Help Predict Bull Cycles<\/a><\/em><\/strong><\/p>\n

That’s A Lot Of Money<\/h2>\n

Economists have approximated that the U.S. sanctions would cost Russia around $50 billion annually.<\/span><\/p>\n

However, the Russian government seemed to have prepared themselves for the worst by connecting with financial networks who are willing to work with them.\u00a0<\/span><\/p>\n

One of which is linking with digital currency firms who do not undergo any government regulation and function independently on blockchains.<\/span><\/p>\n

\u201cRussia has had a lot of time to think about this specific consequence. It would be na\u00efve to think that they haven\u2019t gamed out exactly this scenario,\u201d Michael Parker, a former federal prosecutor in an interview with the New York Times, said.<\/span><\/p>\n

<\/p>\n

BTC total market cap at $670.906 billion in the daily chart | Source: TradingView.com<\/a><\/pre>\n
Using Cryptocurrency Tools Vs. Sanctions<\/h2>\n
Economic sanctions are some of the most powerful suppression tools that many Western countries have used in times of war and crises.<\/span><\/p>\n
During the Russian invasion of Crimea, the United States restricted its banks from dealing business with Russian oil, ghas and financial institutions, the latter\u2019s economy was badly impacted.<\/span><\/p>\n
Related Article | Bitcoin Investors Haven\u2019t Responded To Russia-Ukraine War With Large Inflows (Yet)<\/a><\/em><\/strong><\/p>\n
While the US is the one to initiate, the way to make sanctions effective is through the global financial system.\u00a0<\/span><\/p>\n
International banks monitor the flow of money and are tasked with blocking transactions on sanctioned nations.<\/span><\/p>\n
This is rendered impossible, however, as the Russian government is set to launch its own <\/span>central bank for the digital Rubble<\/span><\/a>. It seeks to trade directly with countries without having to go through the American currency.<\/span><\/p>\n
Under The Radar<\/h3>\n
To cover their activities from blockchain recording mechanisms, Russia also developed new technology to hide their transactions, even from third-party investigators.<\/span><\/p>\n
A similar move has been done by North Korea which made use of <\/span>cryptocurrencies<\/span><\/a> to fund its nuclear and ballistic missile program, according to Reuters.\u00a0<\/span><\/p>\n
Iran was also reported to be gaining money from crypto <\/span>mining<\/span><\/a> to make up for its revenue loss due to its ability to sell oil because of sanctions.<\/span><\/p>\n
The Russian Blockchain Empire<\/span><\/p>\n
Presently, Russia is <\/span>growing a ransomware and blockchain industry<\/span>.<\/span><\/p>\n
Last year, entities connected to Russia earned about 74% of total global income, more than $400 million worth of cryptocurrency, according to a <\/span>Feb. 14 report<\/span><\/a> by the blockchain-tracking firm Chainalysis.<\/span><\/p>\n
Since Russian President Vladimir Putin announced a military operation in the Donbas region on Wednesday, Bitcoin prices declined to $35,000, indicating a drop of more than 8% compared to a day earlier.<\/span><\/p>\n
Bitcoin was trading at $34,969 as of 1:22 a.m. Eastern Time, <\/span>according to CoinMarketCap<\/span>.<\/span><\/p>\n
Featured image from Reddit, chart from TradingView.com<\/pre>\n","protected":false},"excerpt":{"rendered":"
As the Biden administration slaps economic sanctions against Russia to contain the crisis in Ukraine, Russia is using various cryptocurrency tools to maintain access to foreign capital. As Russia attacked Ukraine, cryptocurrency prices fell sharply. On Thursday morning, Bitcoin prices declined to more than 8%, to settle at $34,702.18, marking its lowest level in around a month.\u00a0 Ether fell more than 8% to trade around $2,407.47. Related Reading |\u00a0Quant Explains How Bitcoin NUPL Can Help Predict Bull Cycles That’s A Lot Of Money Economists have approximated that the U.S. sanctions would cost Russia around $50 billion annually. However, the Russian government seemed to have prepared themselves for the worst by connecting with financial networks who are willing to work with them.\u00a0 One of which is linking with digital currency firms who do not undergo any government regulation and function independently on blockchains. \u201cRussia has had a lot of time to think about this specific consequence. It would be na\u00efve to think that they haven\u2019t gamed out exactly this scenario,\u201d Michael Parker, a former federal prosecutor in an interview with the New York Times, said. BTC total market cap at $670.906 billion in the daily chart | Source: TradingView.com Using Cryptocurrency Tools Vs. Sanctions Economic sanctions are some of the most powerful suppression tools that many Western countries have used in times of war and crises. During the Russian invasion of Crimea, the United States restricted its banks from dealing business with Russian oil, ghas and financial institutions, the latter\u2019s economy was badly impacted. Related Article | Bitcoin Investors Haven\u2019t Responded To Russia-Ukraine War With Large Inflows (Yet) While the US is the one to initiate, the way to make sanctions effective is through the global financial system.\u00a0 International banks monitor the flow of money and are tasked with blocking transactions on sanctioned nations. This is rendered impossible, however, as the Russian government is set to launch its own central bank for the digital Rubble. It seeks to trade directly with countries without having to go through the American currency. Under The Radar To cover their activities from blockchain recording mechanisms, Russia also developed new technology to hide their transactions, even from third-party investigators. A similar move has been done by North Korea which made use of cryptocurrencies to fund its nuclear and ballistic missile program, according to Reuters.\u00a0 Iran was also reported to be gaining money from crypto mining to make up for its revenue loss due to its ability to sell oil because of sanctions. The Russian Blockchain Empire Presently, Russia is growing a ransomware and blockchain industry. Last year, entities connected to Russia earned about 74% of total global income, more than $400 million worth of cryptocurrency, according to a Feb. 14 report by the blockchain-tracking firm Chainalysis. Since Russian President Vladimir Putin announced a military operation in the Donbas region on Wednesday, Bitcoin prices declined to $35,000, indicating a drop of more than 8% compared to a day earlier. Bitcoin was trading at $34,969 as of 1:22 a.m. Eastern Time, according to CoinMarketCap. Featured image from Reddit, chart from TradingView.com<\/p>\n","protected":false},"author":557,"featured_media":484503,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,4],"tags":[428,6664,7389,3730,4276],"class_list":["post-484502","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-analysis","tag-bitcoin","tag-crypto","tag-putin","tag-russia","tag-ukraine"],"acf":[],"yoast_head":"\nRussia Can Avoid Sanctions By Using A Wide Range Of Cryptocurrency Tools<\/title>\n<meta name=\"description\" content=\"As the Biden administration slaps economic sanctions against Russia to contain the crisis in Ukraine, Russia is using various cryptocurrency tools to\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Russia Can Avoid Sanctions By Using A Wide Range Of Cryptocurrency Tools\" \/>\n<meta property=\"og:description\" content=\"As the Biden administration slaps economic sanctions against Russia to contain the crisis in Ukraine, Russia is using various cryptocurrency tools to\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-24T19:13:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-24T15:00:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/02\/Cryptocurrency-tool.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"402\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Christian Encila\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Christian Encila\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/\"},\"author\":{\"name\":\"Christian Encila\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80\"},\"headline\":\"Russia Can Avoid Sanctions By Using A Wide Range Of Cryptocurrency Tools\",\"datePublished\":\"2022-02-24T19:13:03+00:00\",\"dateModified\":\"2022-02-24T15:00:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/\"},\"wordCount\":498,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/02\/Cryptocurrency-tool.jpg?fit=640%2C402\",\"keywords\":[\"bitcoin\",\"crypto\",\"putin\",\"russia\",\"ukraine\"],\"articleSection\":[\"Cryptocurrency Market News\",\"Technical analysis\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/\",\"url\":\"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/\",\"name\":\"Russia Can Avoid Sanctions By Using A Wide Range Of Cryptocurrency Tools\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/02\/Cryptocurrency-tool.jpg?fit=640%2C402\",\"datePublished\":\"2022-02-24T19:13:03+00:00\",\"dateModified\":\"2022-02-24T15:00:10+00:00\",\"description\":\"As the Biden administration slaps economic sanctions against Russia to contain the crisis in Ukraine, Russia is using various cryptocurrency tools to\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/02\/Cryptocurrency-tool.jpg?fit=640%2C402\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/02\/Cryptocurrency-tool.jpg?fit=640%2C402\",\"width\":640,\"height\":402,\"caption\":\"Featured image from Reddit, chart from TradingView.com\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Russia Can Avoid Sanctions By Using A Wide Range Of Cryptocurrency Tools\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80\",\"name\":\"Christian Encila\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g\",\"caption\":\"Christian Encila\"},\"description\":\"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.\",\"sameAs\":[\"jomarjet01\"],\"url\":\"https:\/\/wncen.com\/author\/jomarjet01\/\"}]}<\/script>\n","yoast_head_json":{"title":"Russia Can Avoid Sanctions By Using A Wide Range Of Cryptocurrency Tools","description":"As the Biden administration slaps economic sanctions against Russia to contain the crisis in Ukraine, Russia is using various cryptocurrency tools to","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/","og_locale":"en_US","og_type":"article","og_title":"Russia Can Avoid Sanctions By Using A Wide Range Of Cryptocurrency Tools","og_description":"As the Biden administration slaps economic sanctions against Russia to contain the crisis in Ukraine, Russia is using various cryptocurrency tools to","og_url":"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2022-02-24T19:13:03+00:00","article_modified_time":"2022-02-24T15:00:10+00:00","og_image":[{"width":640,"height":402,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/02\/Cryptocurrency-tool.jpg","type":"image\/jpeg"}],"author":"Christian Encila","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Christian Encila","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/"},"author":{"name":"Christian Encila","@id":"https:\/\/wncen.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80"},"headline":"Russia Can Avoid Sanctions By Using A Wide Range Of Cryptocurrency Tools","datePublished":"2022-02-24T19:13:03+00:00","dateModified":"2022-02-24T15:00:10+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/"},"wordCount":498,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/02\/Cryptocurrency-tool.jpg?fit=640%2C402","keywords":["bitcoin","crypto","putin","russia","ukraine"],"articleSection":["Cryptocurrency Market News","Technical analysis"],"inLanguage":"en-US","copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/","url":"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/","name":"Russia Can Avoid Sanctions By Using A Wide Range Of Cryptocurrency Tools","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/02\/Cryptocurrency-tool.jpg?fit=640%2C402","datePublished":"2022-02-24T19:13:03+00:00","dateModified":"2022-02-24T15:00:10+00:00","description":"As the Biden administration slaps economic sanctions against Russia to contain the crisis in Ukraine, Russia is using various cryptocurrency tools to","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/02\/Cryptocurrency-tool.jpg?fit=640%2C402","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/02\/Cryptocurrency-tool.jpg?fit=640%2C402","width":640,"height":402,"caption":"Featured image from Reddit, chart from TradingView.com"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Russia Can Avoid Sanctions By Using A Wide Range Of Cryptocurrency Tools"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/a2d6e9b600c0ed5252bbfc4170c3dd80","name":"Christian Encila","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/42cdb81dcbfceaa5f2e5c359239db36f?s=96&d=mm&r=g","caption":"Christian Encila"},"description":"They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Russia Can Avoid Sanctions By Using A Wide Range Of Cryptocurrency Tools","url":"http:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/wide-range-of-cryptocurrency-tools\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/02\/Cryptocurrency-tool.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/02\/Cryptocurrency-tool.jpg?fit=640%2C402"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","crypto","putin","russia","ukraine"],"dateCreated":"2022-02-24T19:13:03Z","datePublished":"2022-02-24T19:13:03Z","dateModified":"2022-02-24T19:13:03Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Russia Can Avoid Sanctions By Using A Wide Range Of Cryptocurrency Tools\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/wide-range-of-cryptocurrency-tools\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/wide-range-of-cryptocurrency-tools\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/02\\\/Cryptocurrency-tool.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/02\\\/Cryptocurrency-tool.jpg?fit=640%2C402\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"crypto\",\"putin\",\"russia\",\"ukraine\"],\"dateCreated\":\"2022-02-24T19:13:03Z\",\"datePublished\":\"2022-02-24T19:13:03Z\",\"dateModified\":\"2022-02-24T19:13:03Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/02\/Cryptocurrency-tool.jpg?fit=640%2C402","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/484502"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=484502"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/484502\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/484503"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=484502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=484502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=484502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}