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Russia

US: 5 Russians, 2 Venezuelans charged with evading sanctions using virtual currencies
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23 October, 2022

US: 5 Russians, 2 Venezuelans charged with evading sanctions using virtual currencies

Seven people alleged to be criminal enablers of Russian oligarchs could land three decades in the U.S. jail over charges...
EU bans all digital asset transactions to Russia
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12 October, 2022

EU bans all digital asset transactions to Russia

Digital asset transactions from Europe to Russia had been capped at $9,900, but the European Union says there was still...
Russia blocks OKX exchange over allegedly ‘publishing info related to financial pyramids’
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8 October, 2022

Russia blocks OKX exchange over allegedly ‘publishing info related to financial pyramids’

State media monitoring service Roskomnadzor further alleged that the OKX website disseminated unreliable socially significant information of a financial nature.
Russia to allow block reward mining, but only in energy-rich regions
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4 October, 2022

Russia to allow block reward mining, but only in energy-rich regions

A new bill set to be tabled in parliament will relegate BTC mining to regions with hydroelectric and nuclear power...
Russia eyes use of digital ruble in transacting with China
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4 October, 2022

Russia eyes use of digital ruble in transacting with China

As the U.S. fortifies its grip on the global financial system, Russia targets to give sanctions-hit countries an opportunity to...
Moscow Exchange looking to allow digital assets trade on behalf of central bank under proposed bill
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29 September, 2022

Moscow Exchange looking to allow digital assets trade on behalf of central bank under proposed bill

Following its approval to use digital assets in cross-border payments, Russia now has its eyes set on digital assets trading...
Russia approves digital assets for international payments with strict rules against money laundering
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27 September, 2022

Russia approves digital assets for international payments with strict rules against money laundering

The use of digital assets in foreign transactions is set in stone, with Russia assuring that the move aligns with...
US looks to beef up Russia sanctions via crypto mixer crackdown
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23 September, 2022

US looks to beef up Russia sanctions via crypto mixer crackdown

The U.S. Senate Committee on Banking, Housing and Urban Affairs held a hearing on tightening rules on Russia, with chair...
Russia Finance Ministry: Local businesses to decide on digital asset use on international payments
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22 September, 2022

Russia Finance Ministry: Local businesses to decide on digital asset use on international payments

Instead of regulatory control, Russia will work on promoting virtual currencies while local businesses determine what 'cryptos' to be used...
US Treasury’s latest sanctions target BTC, ETH addresses of Russian paramilitary group
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20 September, 2022

US Treasury’s latest sanctions target BTC, ETH addresses of Russian paramilitary group

The OFAC sanctioned addresses linked to Task Force Rusich, a group that has been fighting Russia’s battles since 2015, including...
Russia eyes digital assets for settling cross-border transactions as sanctions bite harder
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16 September, 2022

Russia eyes digital assets for settling cross-border transactions as sanctions bite harder

Prime Minister Mikhail Mishustin focuses on digital assets as he asked regulators to explore their use for the "uninterrupted payment...
Russia’s Finance Ministry eyes collaboration with other countries on stablecoin settlement platform
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12 September, 2022

Russia’s Finance Ministry eyes collaboration with other countries on stablecoin settlement platform

To counter sanctions, Russia is looking to set up a stablecoin platform with help from allies to settle cross-border payments,...