Signature’s decision to pull back from the digital asset space chaos won’t stop Binance from finding another bedfellow—the question is which disreputable company is next up to the plate.
The DoJ’s complaint against Anatoly Legkodymov, a senior executive and major shareholder of Bitzlato, notes that it was founded in 2016 and has processed nearly $4.6B in transactions since May 2018.
Efforts to launch the digital ruble are already in place, with testing client-to-business (C2B) operations by selected financial institutions scheduled in the coming months.
The new draft bill seeks to make the Bank of Russia the “sole operator” of the digital ruble to the exclusion of other entities.
Sber says digital financial assets are "great alternatives" to regular investments, with a format of "digital gold" with the potential to diversify the market.
Edvard Sabirov's extradition is making headways following his arrest on suspicion of being involved in a digital asset Ponzi scheme, the Interpol has announced.
The Bank of Russia adopted a negative stance towards the sale of virtual currencies to Russian citizens under the draft law for mining regulation.
Russia is considering a national digital asset exchange subject to the approval of the Central Bank of Russia and the Ministry of Finance, two key agencies with opposing views on digital currencies.
The bill, expected to sail through State Duma, makes it legal to sell mined digital assets on foreign platforms as well as locally starting January 2023.
The Central Bank of Russia (CBR)’s report delved into digital asset regulations, retail investor protection, and other facets as it hailed smart contracts.
Seven people alleged to be criminal enablers of Russian oligarchs could land three decades in the U.S. jail over charges of using shell companies and virtual assets to evade global sanctions.
Digital asset transactions from Europe to Russia had been capped at $9,900, but the European Union says there was still some level of activity, necessitating the total ban.
