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Russian Finance Ministry Compromises, Willing to Take Crypto Suggestions from Central Bank

Russian Finance Ministry Compromises, Willing to Take Crypto Suggestions from Central Bank

Russia's finance ministry has said that it is willing to take suggestions on cryptocurrencies from the country's central bank but they should not clash with their approach.

Moscow Exchange Drafts Bill to Offer Digital Financial Assets and Securities Trading

Moscow Exchange Drafts Bill to Offer Digital Financial Assets and Securities Trading

According to local media reports, Russia’s Moscow Stock Exchange (MOEX) is drafting a bill aimed at making digital assets available for trading on the stock exchange as securities and directly as digital financial assets.

Crypto is Becoming the Lifeline for Ordinary Russians, Coinbase CEO Says

Crypto is Becoming the Lifeline for Ordinary Russians, Coinbase CEO Says

Meanwhile, as the war between Russia and Ukraine ravages, Coinbase CEO Brian Armstrong believes that cryptocurrencies are emerging as the lifeline for Russians as the nation faces heavy sanctions.

Taxing Crypto Transactions Would Generate $13B Each Year for Russia: Report

Taxing Crypto Transactions Would Generate $13B Each Year for Russia: Report

Data collected from Russian authorities showed that the country could earn $13 billion each year by taxing cryptocurrency transactions, Moscow-based news outlet The Bell reported.

Short-Term Holders Dominate Primary Driver for Bitcoin's Liquidation amid Ukraine Crisis

Short-Term Holders Dominate Primary Driver for Bitcoin's Liquidation amid Ukraine Crisis

Analysis by IntoTheBlock shows that short-term holders have been the primary catalysts of the present leg down as they continue liquidating their BTC investments.

Binance linked to illegal cryptocurrency platform Bitzlato

Binance linked to illegal cryptocurrency platform Bitzlato

Binance is related to Bitzlato, according to FinCEN. The obscure platform collected $206 million from darknet marketplaces, $224 million through frauds, and $9 million from ransomware perpetrators.

Russians Under Sanctions Using Crypto to Launder Money: Elliptic Report

Russians Under Sanctions Using Crypto to Launder Money: Elliptic Report

Russians with strong social connections, who are under international sanctions for the invasion of Ukraine, have been using cryptocurrencies to launder their wealth, according to a report.

Russian Cybercriminals Sanctioned by DoJ for Crypto Laundering Scam Generating More than $16.8M

Russian Cybercriminals Sanctioned by DoJ for Crypto Laundering Scam Generating More than $16.8M

TheDoJ has sanctioned two Russian nationals for their cybercrimes, where millions in cryptocurrency were accumulated through scamming and phishing schemes.

Russian Sberbank Conducts First Digital Asset Trade on its Blockchain Platform

Russian Sberbank Conducts First Digital Asset Trade on its Blockchain Platform

Sberbank expects digital assets trading to be rolled out to the bank’s customers later this year.

Binance Scores Big Win as Newly Licensed Exchange in Italy

Binance Scores Big Win as Newly Licensed Exchange in Italy

Binance cryptocurrency exchange has just scored a big win as its Italian offshoot, dubbed Binance Italy, has received approval to operate in the country by the Organismo Agenti e Mediatori (OAM).

Russian Blanket Crypto Ban May now be Limited to PoW Mining Activities

Russian Blanket Crypto Ban May now be Limited to PoW Mining Activities

New reports emerging out of Russia now suggest that the Central Bank of Russia (CBR) is looking to amend its proposed plans to enact a blanket bank on digital currencies

Why Energy Experts are Watching the Crypto Market Closely

Why Energy Experts are Watching the Crypto Market Closely

Words like Bitcoin and Oil Market seem to have no correlation between them. However, given the kind of small world we are living in, there's more than meets the eye. Check out this article which explains the perfect correlation between Bitcoin and Oil Market and why energy experts are keeping a close watch on the crypto market.

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