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Russian Stablecoin Usage On the Rise Following Ukraine Invasion

Insights from a blockchain analytics firm Chainalysis report revealed a rise in Russian stablecoin usage following the Ukraine invasion, which has since seen sanctions and inflation affecting the...

Irene L. | Oct 16, 2022 10:50

Russia Considering Crypto to Support Global Payment to Deal With Sanctions

The Russian Federation is reportedly contemplating upon the acceptance of crypto as a means of global payment, when currently facing Western sanctions due to its actions on Ukraine this year. ...

Warren Hayes | Jun 03, 2022 10:58

Binance responds to reports that the exchange handed over client data to the Russian authorities.

Binance reportedly disputed the truth of a story claiming that one of its regional leaders promised to hand over client data to Russia’s financial intelligence agency in exchange for payments to...

Warren Hayes | Apr 25, 2022 11:17

Russian Tax Agency Generated Proposition For Crypto Utilization As Payment Medium

Russia’s Federal Tax Service (FTS) has reportedly shifted its focus to crypto in Russia, via generating a proposition of allowing local firms to support crypto as a medium of payment during...

Natalie Wu | Apr 21, 2022 14:13

Russian gov’ts crypto bill cause reaction on Twitter

The Russian Ministry of Finance (MinFin) has completed a draft bill titled “On Digital Currency” and forwarded it to the Russian government for approval before becoming legislation. The...

Shannon Wilson | Apr 18, 2022 14:58

The Russian Finance Ministry Has Reaffirmed Its Support for Bitcoin Mining

The Russian Ministry of Finance has indicated renewed support for Bitcoin (BTC) mining as it continues to work on new laws for the cryptocurrency industry. In specific, Russia should foster the...

Natalie Wu | Apr 01, 2022 14:33

Central Bank of Russia Reverted Crypto Ban, Including Sberbank In Data System Registry

The Central Bank of Russia (CBR) reportedly included the top-tier local lending entity – Sberbank – to its register of information system operators for digital financial assets. ...

Natalie Wu | Mar 19, 2022 10:35

ECB president Urged For Approval Of Crypto Regulation to Prevent Russia Evading Sanctions

Christine Lagarde, president of the European Central Bank (ECB), reportedly urged regulators to grant greenlight for a crypto regulatory framework, preventing Russia from acquiring economic sanctions....

Shannon Wilson | Feb 26, 2022 10:01

Binance Exec Take Charge Of Crypto Expert Facility by Russian Bank Association

Binance keeps on reinforcing its connection with Russia, via having its executive taking charge of the freshly established dedicated expert facility for crypto regulation. Specifically, Binance,...

Natalie Wu | Feb 21, 2022 10:27

Russia Crypto ban Can Reduce Risks But Harm Innovation, Per Fitch

Credit rating agency Fitch reportedly introduced a new research report on January 28th regarding the ban proposal from the Russian central bank. Specifically, regardless of the narrative of the...

Natalie Wu | Feb 01, 2022 17:07