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sanctions

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...