1 / 5 Relevant items tagged with #Russian

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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…

Russian Crypto Exchange Moves Money for Gaza Groups, Report

[Oct 16, 2023 5:30 AM] Palestinian militant organizations, including a Hamas-linked Islamist group, have been using a Moscow-based crypto exchange to transfer millions, a press report revealed. The U.S.-sanctioned platform, which allows customers to convert Russian cash…

Estonia-Licensed Crypto Firms Blamed for €1 Billion in Damages

[Oct 9, 2023 10:30 PM] Bad actors exploited Estonia’s once liberal licensing regime for crypto companies to defraud investors and commit other crimes, an investigative report claims. The authors say they discovered dozens of such cases, including scams and schemes for…

FBI Wanted Co-Founder of Crypto Exchange Wex Sentenced in Russia

[Sep 24, 2023 1:30 AM] Aleksey Bilyuchenko, co-founder of Wex, the successor of the infamous Russian crypto exchange BTC-e, will spend only a couple of years in prison. The Russian, who is charged in the U.S. with money laundering, has been sentenced in his homeland as…

Binance Mulls Leaving Russia, Limits Options for Russian Users

[Aug 29, 2023 10:30 PM] Crypto exchange Binance considers exiting Russia amid increased scrutiny over its services for users in the sanctioned nation. The news of the potential move comes after the exchange delisted several sanctioned Russian banks from its peer-to-peer…

Binance Removes Sanctioned Russian Banks From P2P Platform

[Aug 28, 2023 12:00 AM] Crypto exchange Binance has dropped Russian banks under sanctions from the payment options on its peer-to-peer (P2P) platform. Russian traders can no longer use cards issued by these banks to make payments while transactions in foreign fiat…

Russia to Test Digital Ruble in 11 Cities, Moscow Subway

[Aug 12, 2023 1:30 AM] Russia’s capital Moscow and 10 other cities will host pilot tests for the digital ruble, Bank of Russia Deputy Governor Olga Skorobogatova announced. Over a dozen Russian banks are going to take part in the trials with real transactions and users…

Russia Recognizes Digital Currencies of Other Nations

[Aug 6, 2023 12:30 AM] The Russian government has legally recognized digital currencies issued by other nations, local crypto media reported. The respective legislative changes have been made alongside the adoption of a dedicated law regulating the introduction of…

Putin Signs Digital Ruble Law Allowing CBDC Payments in Russia

[Jul 25, 2023 4:00 PM] President Vladimir Putin has signed into law a bill on the introduction of the digital ruble in the Russian Federation. The new legislation, which legalizes and regulates the use of Bank of Russia’s digital currency for payments and other…

‘Historic’ BRICS Summit to Be Held Without Putin in Person

[Jul 20, 2023 1:30 PM] Russian President Vladimir Putin will not travel to Johannesburg for the BRICS summit in August, according to the office of his South African counterpart. Moscow will send Foreign Minister Sergey Lavrov instead, the Kremlin confirmed, emphasizing…

Russians Turned to Tether During Wagner Revolt

[Jun 27, 2023 2:00 PM] Russian citizens sought refuge in tether amid the brief mutiny of the Wagner mercenary group that shook their country. The ruble-denominated trading volume of the U.S. dollar-pegged stablecoin spiked during the short-lived rebellion, market data…

Russia to Trial Digital Asset Settlements in Foreign Trade

[Jun 16, 2023 11:30 PM] Bank of Russia plans to pilot cross-border payments using digital assets and central bank digital currencies, according to a deputy governor. The top executive believes these alternative instruments could increase efficiency in foreign trade while…