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Crypto News

Bank of Russia Says Financial Institutions Can Offer Crypto-Linked Instruments to Qualified Investors

The Bank of Russia said that financial institutions may offer crypto-linked instruments to qualified investors as the nation continues to explore crypto offerings."Financial institutions...
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Crypto News

Binance’s Former Russia Head, Blum Co-Founder Arrested in Connection to Fraud Case

Vladimir Smerkis, Binance's former Russia division head, was arrested in Russia for being connected to a large-scale criminal fraud case, local media outlet TASS...
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Crypto News

Russia to Launch Controlled Crypto Exchange for High-Net-Worth Investors

Key Takeaways Osman Kabaloev, Deputy Director of the Finance Ministry’s Financial Policy Department, indicated that these qualifications may include a minimum of 100 million rubles...
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Crypto News

Russia Turns to Crypto to Bypass Western Sanctions in Oil Trade: Reuters

Russia has turned to cryptocurrencies to facilitate oil trade with China and India, effectively bypassing Western sanctions in its $192 billion oil trade, Reuters...
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Crypto News

Bank of Russia Proposes Limited Crypto Investment Pilot for High-Net-Worth Investors

The Bank of Russia has submitted proposals to the government for a controlled experiment allowing a “limited group of Russian investors” to trade cryptocurrencies,...
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Crypto News

US to Release Jailed BTC-e Operator Vinnik in Russia Prisoner Swap

Alexander Vinnik, the jailed former operator of once mighty bitcoin exchange BTC-e, is being released from U.S. custody as part of a prisoner exchange...
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Crypto News

Russia Plans to Launch State-Linked Cryptocurrency Exchanges & Stablecoin

Key Takeaways: Russia is launching two state-linked cryptocurrency exchanges and a stablecoin tied to the Chinese yuan  The new exchanges and stablecoin will initially serve major...
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Crypto News

Russia Seizes Over $10 Million in Bitcoin in Major Bribery Case

Key Takeaways  The seized amount of 1,032.1 BTC belonged to Marat Tambiev, a former officer in the Investigative Committee of the Russian Federation  Tambiev was convicted...
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