• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN
Bitcoinist.com
No Result
View All Result
Sanctions bite
Nexo

Sanctions Bite – Netflix, American Express, 2 Major Accountancy Firms Reject Russia

Jet Encila by Jet Encila
2 months ago
in News, Trending
0

As sanctions bite, Netflix – the world’s largest streaming entertainment provider, American Express, and prominent accountancy firms KPMG and PricewaterhouseCoopers – severed connections with Russia on Sunday, over Russia’s invasion of Ukraine.

The statements on Sunday follow the closures or discontinuation of operations of a number of major Western companies, including Nike, Ikea, and French luxury behemoths LVMH, Chanel, and Hermes.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

The announcement also comes on the heels of Mastercard and Visa announcing similar moves on Saturday.

“In light of the current situation in Russia, we have chosen to cease our service,” a Netflix representative said.

Russia Rejected As Sanctions Bite

American Express has suspended all operations in Russia in response to the country’s ongoing and “unjustified war on the people of Ukraine,” the credit card company stated in a statement on its website.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

KPMG and PricewaterhouseCoopers both confirmed Sunday that their separate networks would be losing its Russia-based firms.

“We think we, along with other global firms, have a responsibility to respond to the Russian government’s continued military assault on Ukraine,” KPMG stated in a release.

BTC total market cap at $723.87 billion on the daily chart | Source: TradingView.com

Related Article | Mastercard, Visa, Paypal Suspend Russian Operations – No Love For Russia?

KPMG announced that its Russia and Belarus operation will exit the KPMG network, affecting nearly 4,500 partners and personnel in Russia and Belarus.

Additionally, PwC has agreed that PwC Russia will be removed from its network as sanctions bite. According to several sources, the company has worked in Russia for more than three decades and has 3,700 partners and employees there.

A Matter Of Time

Despite pressure from Ukrainian officials and legislators elsewhere, cryptocurrency companies have rejected calls to arbitrarily restrict access to their services to all Russian people.

Ukraine has asked Binance, Bybit, Coinbase, Huobi, KuCoin, Gate.io, Whitebit, and Ukraine-based Kuna to ban access to all Russian cryptocurrency accounts.

Related Article | Switzerland To Freeze Russian Crypto Assets – No More Neutrality

According to Jesse Powell, chief executive officer of cryptocurrency exchange Kraken, the company would cooperate with such a request if needed by law.

Today’s FTX price for the Netflix tokenized shares is $357.53, with a 24-hour trading volume of $147.43 USD. FTX has lost 0.92% in the last 24 hours and is currently ranked 7657 on CoinMarketCap.

Humanitarian Crisis

Meanwhile, fighting on Monday prevented around 200,000 people from fleeing the besieged Ukrainian city of Mariupol for the second day in a row, as Russian President Vladimir Putin pledged to continue his assault unless Kyiv surrendered.

Putin told Turkish President Tayyip Erdogan during a phone call that he was willing to engage in dialogue to halt the conflict but that any attempt to prolong the process would fail, according to the Kremlin.

The United Nations said on Sunday that the civilian death toll from battles across Ukraine since Moscow launched its invasion on Feb. 24 stands at 364, including more than 20 children. Hundreds more were injured.

Featured image from Yahoo! Sports, chart from TradingView.com
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Jet Encila

Jet Encila

Freelance writing is Jet's other cup of tea. When not on his computer, he unwinds with a cold bottle of beer and laughs with his son over cartoons. Other than that, he's just like everybody else who wants to be happy with their life.

Related Posts

UnicornDAO

UnicornDAO Rallies For Women And LGBTQ Artists; Raises $4.5 Million 

5 hours ago
Shiba Inu

Shiba Inu Extinction: Finder Panel Predicts SHIB To Have Zero Value By 2030

1 day ago
Terra

Terra – A ‘Pyramid Scheme’ – Threatens The Crypto Ecosystem, Billionaire Says

2 days ago
Getty Images

Getty Images Teams Up With Candy Digital In Foray Into NFTs

2 days ago
Robinhood

Robinhood To Roll Out Standalone Ethereum Wallet

2 days ago
Portugal

Portugal Stance On Taxes – Crypto Haven No More?

3 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2022 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Play Games
  • BET&WIN

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.