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Russia

Russian bank issues first blockchain-based bank guarantee in Chinese yuan
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7 March, 2023

Russian bank issues first blockchain-based bank guarantee in Chinese yuan

Moscow Credit Bank guarantee was issued on the Masterchain blockchain platform and was denominated under Chinese yuan worth around $144,600.
UK’s Christopher Emms denies arrest in Russia over alleged involvement with North Korea
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25 February, 2023

UK’s Christopher Emms denies arrest in Russia over alleged involvement with North Korea

The British national stresses there is no truth to the allegations the U.S. throws, pointing out that information gathered by...
4 Forsage founders indicted in Oregon over $340M Ponzi scheme
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25 February, 2023

4 Forsage founders indicted in Oregon over $340M Ponzi scheme

The founders paraded Forsage as a DeFi investment platform that could give lucrative returns on deposits and claimed that the...
Bank of Russia to pilot digital ruble with real transactions in April
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24 February, 2023

Bank of Russia to pilot digital ruble with real transactions in April

For the first time, Russia will move ahead with its central bank digital currency pilot program involving 13 banks and...
Bitriver to open 100 MW mining facility following subsidy from Russia
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17 February, 2023

Bitriver to open 100 MW mining facility following subsidy from Russia

Russia is capitalizing on most countries’ anti-mining stance and is directly supporting the construction of a $12.3 million mining facility...
Russia’s Gazprombank suggests slowing down digital ruble launch fearing losses for commercial banks
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12 February, 2023

Russia’s Gazprombank suggests slowing down digital ruble launch fearing losses for commercial banks

The digital ruble has received heightened attention as the government intends to use it to circumvent economic sanctions imposed on...
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