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Russia

Binance resorting to shady payment providers as legitimate options run short
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25 January, 2023

Binance resorting to shady payment providers as legitimate options run short

Signature’s decision to pull back from the digital asset space chaos won’t stop Binance from finding another bedfellow—the question is...
US authorities dismantle ransomware-friendly Bitzlato exchange, arrest co-founder
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19 January, 2023

US authorities dismantle ransomware-friendly Bitzlato exchange, arrest co-founder

The DoJ’s complaint against Anatoly Legkodymov, a senior executive and major shareholder of Bitzlato, notes that it was founded in...
Russia studying CBDCs for cross-border payments amid tightening sanctions
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13 January, 2023

Russia studying CBDCs for cross-border payments amid tightening sanctions

Efforts to launch the digital ruble are already in place, with testing client-to-business (C2B) operations by selected financial institutions scheduled...
Digital ruble bill submitted to Russia’s State Duma
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4 January, 2023

Digital ruble bill submitted to Russia’s State Duma

The new draft bill seeks to make the Bank of Russia the “sole operator” of the digital ruble to the...
Russia’s largest bank turns its sights to gold-backed digital financial assets
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31 December, 2022

Russia’s largest bank turns its sights to gold-backed digital financial assets

Sber says digital financial assets are "great alternatives" to regular investments, with a format of "digital gold" with the potential...
Alleged leader of Russian Ponzi scheme nabbed after costing investors nearly $100M
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13 December, 2022

Alleged leader of Russian Ponzi scheme nabbed after costing investors nearly $100M

Edvard Sabirov's extradition is making headways following his arrest on suspicion of being involved in a digital asset Ponzi scheme,...
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