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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.

Russian Finance Ministry Believes Crypto Should be Regulated not Banned

Russian Finance Ministry Believes Crypto Should be Regulated not Banned

The Ministry of Finance in Russia believes that the ban on crypto-assets should be shelved. Proper regulations would provide both transparency and protection to citizens.

Gazprombank suggests banks be given more time to adjust to digital

Gazprombank suggests banks be given more time to adjust to digital

Gazprom, a Russian state-owned company, suggested allowing banks extra time to deploy the "digital ruble."

Coinbase to Release Q4 Results, Crypto Winter Expected to Cause amid Ukraine- Russia War

Coinbase to Release Q4 Results, Crypto Winter Expected to Cause amid Ukraine- Russia War

Coinbase, the largest cryptocurrency exchange in the United States, announced that it will release its fourth-quarter earnings report on February 24, 2022, EST. Wall Street analysts expect a brief winter in the cryptocurrency market due to the Crisis in Russia and Ukraine.

Private Cryptocurrencies May Soon Vanish From Russia

Private Cryptocurrencies May Soon Vanish From Russia

According to Russia's TASS news agency, Bank of Russia Deputy Governor Vladimir Chistyukhin signalled that private cryptocurrencies may soon go out of existence in the financial markets.

Legalizing Crypto Payments Will Happen "Sooner or Later": Russia Trade Minister

Legalizing Crypto Payments Will Happen "Sooner or Later": Russia Trade Minister

In a recent revelation, Russia’s Minister of Industry and Trade Denis Manturov said the move to legalize cryptocurrencies as a means of payment in the country is bound to happen “sooner or later.”

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