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sanctions

Russia eyes trial for digital asset exchange amid sanctions
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30 August, 2024

Russia eyes trial for digital asset exchange amid sanctions

The Moscow Exchange and the St. Petersburg Currency Exchange will allegedly each operate a digital asset exchange next year if...
Is BRICS about to announce a gold-backed currency?
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26 August, 2024

Is BRICS about to announce a gold-backed currency?

What the BRICS system will look like in the future is still unclear, but with its annual summit ahead in...
Huawei prepares AI chip for Chinese market
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20 August, 2024

Huawei prepares AI chip for Chinese market

Huawei's new chip is already creating a buzz in China, and a group of Chinese companies, including Baidu and Bytedance,...
Russia passes bill legalizing digital assets in bid to avoid international sanctions
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1 August, 2024

Russia passes bill legalizing digital assets in bid to avoid international sanctions

In a desperate move, Russia passed a bill allowing businesses to use digital assets for cross-border trade beginning in September,...
Russia cautiously warms up to digital asset payments as Putin warns of power disruptions
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26 July, 2024

Russia cautiously warms up to digital asset payments as Putin warns of power disruptions

Russia’s AML chief called on the government to accelerate the development of digital asset payment infrastructure in international payments amid...
Russia pushing ‘crypto’ payments, SWIFT alternative as sanctions bite
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8 July, 2024

Russia pushing ‘crypto’ payments, SWIFT alternative as sanctions bite

Bank of Russia said it had softened its stance on digital asset payment due to sanctions but admitted that the...
Iran launches retail CBDC pilot on Kish Island ‘free zone’
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24 June, 2024

Iran launches retail CBDC pilot on Kish Island ‘free zone’

The CBDC trial will take place on the island of Kish, where the ‘digital rial’ will be available to banking...
Russia: New law greenlights digital assets use for cross-border payments
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16 March, 2024

Russia: New law greenlights digital assets use for cross-border payments

The provisions of the newly minted law reveal that only tokenized assets issued by the Bank of Russia are authorized...
Russia moves ahead with plans to tokenize digital assets for cross-border trade
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2 March, 2024

Russia moves ahead with plans to tokenize digital assets for cross-border trade

The State Duma Committee has issued a green light for the proposed digital assets bill to proceed for a second...
Sinbad coin mixer sanctioned and taken down by global authorities
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4 December, 2023

Sinbad coin mixer sanctioned and taken down by global authorities

Sinbad.io, a key money laundering tool for North Korean hacker Lazarus Group, had its website seized by U.S. authorities and...
US Treasury Deputy says department seeks more authority to fight digital asset crime
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1 December, 2023

US Treasury Deputy says department seeks more authority to fight digital asset crime

As the U.S. untangles digital asset scandals and brings 'crypto' crooks to justice, the Treasury Department is looking to enhance...
US Treasury cracks down on coin mixing
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24 October, 2023

US Treasury cracks down on coin mixing

The move was announced by the Financial Crimes Enforcement Network, identifying coin mixing operations as “a class of transactions of...