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EU Ensures Russia Cannot Bypass Sanctions through Crypto, Says French Finance Minister Le Maire

EU Ensures Russia Cannot Bypass Sanctions through Crypto, Says French Finance Minister Le Maire

French Finance Minister Bruno le Maire said the EU is looking for ways other than cryptocurrencies to impose sanctions on Russia, according to Reuters.

Ukraine Legalizes Bitcoin amid Intensified Tension with Russia

Ukraine Legalizes Bitcoin amid Intensified Tension with Russia

The Ukrainian parliament unanimously voted to legalize Bitcoin and cryptocurrencies by passaging a Virtual Assets law on Thursday, amid the intensified tension with the potential military conflicts with Russia.

Russian Finance Ministry on Track to Legalize Crypto for Cross-Border Payments

Russian Finance Ministry on Track to Legalize Crypto for Cross-Border Payments

The current economic landscape in Russia is forcing both the Central Bank and the Ministry of Finance to rethink their approaches to cryptocurrencies.

Russian Policy Boss Wants to Block Cryptocurrencies, Says They Are Difficult to Regulate

Russian Policy Boss Wants to Block Cryptocurrencies, Says They Are Difficult to Regulate

Anatoly Aksakov, head of the State Duma Financial Market Committee, stated that the country should explore other options for crypto regulation.

Russian law legalises crypto mining, sales under 'experimental legal system'

Russian law legalises crypto mining, sales under 'experimental legal system'

Cryptocurrency mining and sale of the cryptocurrency mined could be legal in Russia if a bill is passed by parliament. A Russian platform for cryptocurrency sales will be set up if the law is passed, and Russian miners will be able to use foreign platforms. Russian currency controls and regulations would not apply to the transactions, but they would have to be reported to the Russian tax service.

Bitcoin Gains Momentum as Biden Slaps Russia with Sanctions

Bitcoin Gains Momentum as Biden Slaps Russia with Sanctions

Bitcoin entered the green zone after U.S. President Joe Biden revealed new sanctions meant to cut off Russia from western finance.

OKX Website Blocked in Russia with Unknown Reason

OKX Website Blocked in Russia with Unknown Reason

The trading website of the OKX exchange has been blocked in Russia according to Roskomsvoboda, a platform that keeps track of censored platforms.

Allegations of fraud against Compass Mining after company cuts ties with Russian

Allegations of fraud against Compass Mining after company cuts ties with Russian

Compass Mining customers are suing for $2 million for fraud. The firm terminated connections with Russian hosting provider Bit River and didn't restore clients' Bitcoin machines. It cut connections with Bit River over non-applicable US sanctions.

Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan

Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan

Russian commercial bank Expobank has set the ball rolling in this nation by issuing a loan secured by crypto tokens, Waves crypto was used as collateral.

DFA Bill Passed, But Central Bank of Russia Still Thinks Cryptos Are Criminal

DFA Bill Passed, But Central Bank of Russia Still Thinks Cryptos Are Criminal

Despite the Digital Financial Assets bill being passed by the State Duma, Russia’s Central Bank has nevertheless argued that crypto transactions are not deemed as legitimate investments.

Trump's National Security Council Sees DLT as Critical Weapon in US-China Tech War

Trump's National Security Council Sees DLT as Critical Weapon in US-China Tech War

The United States National Security Council has named distributed ledger technology (DLT) as one the most critical focus areas in its tech war with China and Russia.

Wanted Wirecard Exec Marsalek Hiding in Russia After Moving Funds in Bitcoin

Wanted Wirecard Exec Marsalek Hiding in Russia After Moving Funds in Bitcoin

Former Wirecard Chief Operating Officer Jan Marsalek used Bitcoin to move funds to Russia where he is now in hiding under the supervision of Russian intelligence operatives, according to a Russian media outlet.

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