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Russia sentences Hydra market founder to life in prison

[Dec 4 2:29 AM] Hydra market founder Stanislav Moiseev and 15 of his accomplices were jailed for between 8 and 23 years for their involvement in the darknet market and crypto mixer.

BRICS Unified Currency Deemed Premature by Russian Official

[Oct 8 2:30 AM] Russia’s Deputy Foreign Minister has stated that discussions on a single currency for the BRICS economic bloc are premature due to differences in financial regulation among member nations. Instead, the focus remains on enhancing financial…

Russia Pushes for Sustainable BRICS Interbank Networks and Payment Systems

[Sep 24 11:20 AM] Russia is pushing to develop independent interbank networks and payment systems within BRICS to boost the bloc’s financial influence. Moscow aims to expand cross-border settlements and the use of national currencies in BRICS trade, as part of a…

Russian Cybercriminal Extradited to US in Crypto Crime Case

[Aug 26 2:30 AM] A Russian cybercriminal, Deniss Zolotarjovs, has been charged in the U.S. with crimes related to his involvement in a cybercrime organization known for extorting victims and laundering cryptocurrency. The 33-year-old Moscow resident was indicted in…

Iran Backs Russia on BRICS Single Currency Initiative

[Aug 3 5:30 AM] Iran plans to support Russia’s initiatives on creating a BRICS single currency and expanding national currency payments within the bloc, according to Iran’s Ambassador to Moscow, Kazem Jalali. The BRICS nations (Brazil, Russia, India, China, and…

Putin and Ramaphosa Discuss BRICS Summit, Trade and Cooperation; Russian President to Join via Video Link

[Aug 9, 2023 4:00 PM] Russian president Vladimir Putin and South African president Cyril Ramaphosa recently addressed cooperation, trade, and preparations for the upcoming BRICS summit. The two leaders conversed about practical cooperation and the expansion of the…

Moscow City Crypto Exchanges Ready to Send Cash to London, Report

[Mar 17, 2023 1:30 AM] An investigation into digital asset exchanges in the Russian capital has established that some of them are ready to buy digital coins and deliver paper money in the U.K. The transfer of funds does not usually involve the identification of the…

Bitzlato co-founder released from brief arrest and questioning: Report

[Feb 10, 2023 2:18 AM] The co-founder of cryptocurrency exchange Bitzlato was briefly detained for questioning in Moscow at the request of Interpol, after which he was released.