Biden Imposes Sanctions On Russia, Bitcoin Jumps To $39K

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The U.S. will block 5 of the largest Russian banks and freeze all belongings they maintain in America, value over $1 trillion, President Joe Biden stated in a press convention Thursday.

U.Ok. prime minister Boris Johnson imposed comparable sanctions earlier Thursday, freezing the belongings of all main Russian banks and reducing them off from the U.Ok.’s monetary markets, reported the Related Press. The prime minister additionally seeks to bar Russian firms and the Russian authorities from elevating cash on U.Ok. markets, a measure Biden echoed in his press convention.

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