Russia

The largest Russian bank, Sberbank, will be carrying out a digital asset transfer for the first time ever, on Sberbank’s own proprietary platform in a month's time. Sberbank Works On Deal For Digitized Financial Assets With a Dedicated…
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In 2021, there were nearly a thousand criminal cases pertaining to cryptocurrency, in the country. Lawsuits that are to do with the crypto world, such as mining coin as well as exchanging assets that are digital, have seen an increase in…
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The Russian Ministry of Finance has called for the use of crypto for international settlement payments through a new draft bill On Digital Currencies. It was initially introduced in February to remedy previous drafts seeking to ban crypto…
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As per a report from Interfax news agency, the Ministry of Finance of Russia is actively discussing the use of digital currencies for settling international payments. Ivan Chebaskov, who’s leading the ministry’s financial policy decisions,…
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Russia has been tough on crypto enthusiasts in the last year or so but is now showing signs of relaxation. In 2021 they banned all and any crypto-related activity in the country but now have changed their stance. As the crypto world…
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Crypto firms in the UAE have seen a flood of requests from Russians seeking to liquidate their digital assets. Sources highlighted that a number of clients are using cryptocurrency to invest in real estate in UAE, while some want to convert…
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Russian citizens wanting to run for office have to declare their property abroad, including cryptocurrencies, as per a new decree signed by President Vladimir Putin. It adds the requirement to an earlier presidential decree on the…
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On Monday, Chainalysis, a blockchain analytic firm, published a report saying that about 74 per cent of cryptocurrencies (that is approx. $400 million) of the ransomware revenue was suspiciously transferred to high-risk wallets. It was also…
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The Russian government has come out clearly with its stand on cryptocurrency regulations. The authorities clarified that they would not allow cryptocurrencies to be used for lending activities. They added that crypto will also not be…
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Cryptocurrencies are expecting a deeper plunger as Russia continues to launch a military strike in Ukraine. Explosions have been heard in Kyiv and other cities across Ukraine as missiles were launched by Russia. Ukraine claims more than 40…
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