Ukraine Asks Exchanges to Freeze Russian, Belarusian Crypto Accounts

Ukraine Asks Exchanges to Freeze Russian, Belarusian Crypto Accounts

“We are not going to unilaterally freeze millions of innocent users’ accounts. Crypto is meant to provide greater financial freedom for people across the globe. To unilaterally decide to ban people’s access to their crypto would fly in the face of the reason why crypto exists. However, we are taking the steps necessary to ensure … Read more

Rouble-crypto trading soars as sanctions hit Russian currency

Rouble-crypto trading soars as sanctions hit Russian currency

A view shows Russian rouble coins in this illustration picture taken March 25, 2021. REUTERS/Maxim Shemetov/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterLONDON, Feb 28 (Reuters) – Trading volumes between the Russian rouble and the Tether cryptocurrency spiked sharply on Monday as the local currency tumbled to a record low on Western sanctions, data shared … Read more

Russian Banks Cutoff From SWIFT And Ukraine Receives Outpouring Of Crypto Support

Russian Banks Cutoff From SWIFT And Ukraine Receives Outpouring Of Crypto Support

SOLEDAR, UKRAINE – FEBRUARY 27: Soldiers in the Ukrainian Army withdraw 15, 100 mm caliber artillery … [+] guns in Soledar, eastern Ukraine, on February 27, 2015. In accordance with a February 12 ceasefire brokered by the leaders of Ukraine, Russia, Germany and France, Ukrainian forces and Russia-backed separatists agreed to stop fighting and withdraw … Read more

Russian Government Introduces Crypto Bill to Parliament Over Central Bank Objections

Russian Government Agrees on Road Map to Regulate Crypto: Report

The announcement highlights the policy split with the Bank of Russia, which opposes regulation and would rather see cryptocurrency trading and mining banned. The central bank, which has been pushing forward the pilot of its central bank digital currency, the digital ruble, has suggested punishing crypto trading and issuance with fines up to 500,000 rubles … Read more

Binance exec to lead crypto expert center by Russian bank association

Binance exec to lead crypto expert center by Russian bank association

Amid Binance halting its services in countries like Israel over licensing matters, the world’s largest cryptocurrency exchange by trading volume continues strengthening relations with Russia.Binance announced Thursday its entry into the Association of Banks of Russia, aiming to facilitate dialogue with local authorities, lawmakers and experts in the cryptocurrency industry.Founded in 1990, the association includes … Read more

Crypto, Stocks Fall After White House Alleges Russian Plot to Stage Attack

Crypto, Stocks Fall After White House Alleges Russian Plot to Stage Attack

Tension between Russia and NATO member have continued to build as US alleges Russia is planning a staged attack to provoke invasion The European Central Bank has released its monetary policy plans revealing it plans to keep interest rates the same while reducing asset purchases Russia-Ukraine tension The White House has accused Russia of planning … Read more

Russian Government Agrees on Road Map to Regulate Crypto: Report

Russian Government Agrees on Road Map to Regulate Crypto: Report

The plan was drafted by a working group comprising several government agencies, including the Ministry of Finance, Ministry of Economic Development, General Prosecutor’s Office, Rosfinmonitoring – the federal body responsible for combating money laundering and terrorist financing, Federal Tax Service, Ministry of Digital Development, Bank of Russia, Federal Security Service and Ministry of Interior. Source … Read more

Russian lender TCS buys Swiss crypto services firm Aximetria

Russian lender TCS buys Swiss crypto services firm Aximetria

MOSCOW, Jan 12 (Reuters) – Russian lender TCS Group Holding (TCSq.L) has bought Swiss crypto services company Aximetria from venture capital firm Digital Horizon, the companies said on Wednesday, as the bank steps up its international expansion.TCS, which runs Russia’s largest online bank Tinkoff, has seen its customer base surge to more than 18 million, … Read more

Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners – Mining Bitcoin News

Russian Government Allows Regions to Raise Electricity Rates for Crypto Miners

The federal government in Moscow has permitted regions to determine local electricity tariffs for the population, a measure that will affect crypto mining at homes. Subsidized household electricity in Russia is often used to mint digital currencies in basements and garages. Regions in Russia Granted Permission to Increase Costs for Home Mining Russians mining cryptocurrencies … Read more

Russian COVID-19 deaths hit new record, some hospitals low on oxygen

Russian COVID-19 deaths hit new record, some hospitals low on oxygen

A medical specialist administers a nasal swab to a woman at a COVID-19 rapid testing centre located at a metro station amid the outbreak of the coronavirus disease in Moscow, Russia November 9, 2021. REUTERS/Tatyana MakeyevaMOSCOW, Nov 10 (Reuters) – Russia on Wednesday reported a record 1,239 deaths from COVID-19 in the previous 24 hours, … Read more

Moscow Confirms Arrest of Russian Crypto Entrepreneur in Amsterdam, Report Mentions FBI – Bitcoin News

Moscow Confirms Arrest of Russian Crypto Entrepreneur in Amsterdam, Report Mentions FBI

Authorities in the Netherlands have arrested a Russian national with a cryptocurrency business, the Foreign Ministry in Moscow has confirmed. The man involved in the establishment of two crypto exchange platforms was apprehended earlier this month, reportedly on a request from U.S. law enforcement. Russian Founder of Cryptocurrency Exchangers Detained in Holland Denis Dubnikov, co-founder … Read more

Russian crypto market worth $500B despite bad regulation, says exec

Russian crypto market worth $500B despite bad regulation, says exec

The Russian cryptocurrency market has grown to hundreds of billions of dollars despite the absence of sufficient cryptocurrency regulation, according to a major industry executive.Sergei Khitrov, founder of the Russian cryptocurrency event Blockchain Life, gave a keynote speech on the state of cryptocurrency regulation in Russia at the VII Blockchain Life Forum in Moscow on … Read more

Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector – Regulation Bitcoin News

Russian Crypto Industry Association Slams Government for Doing ‘Nothing’ to Regulate Sector

The main organization representing participants in the Russian crypto space has lambasted authorities in Moscow for not doing enough to regulate the industry. The criticism comes four years after President Putin directed institutions to legally define the status of digital financial technologies. Regulators Accused of Failure to Take Russian Crypto Market Out of Shadow Russian … Read more

Namibia suspends use of Russian COVID vaccine after S.Africa flags HIV concerns

Namibia suspends use of Russian COVID vaccine after S.Africa flags HIV concerns

An employee holds a vial containing Sputnik vaccine at a factory of Hankook Korus Pharm, in Chuncheon, South Korea September 10, 2021. Picture taken September 10, 2021. REUTERS/Heo RanWINDHOEK, Oct 23 (Reuters) – Namibia will suspend the rollout of Russia’s Sputnik V COVID-19 vaccine, its health ministry said on Saturday, days after the drugs regulator in … Read more