Russia Cancels Planned National Crypto Exchange to Focus on Regulation

Russia cancels national crypto exchange plans, shifting its focus to regulation and supporting existing cross-border transaction exchanges. The post Russia Cancels Planned National Crypto Exchange to Focus on Regulation appeared first on BeInCrypto.

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Russia scraps plans for a national cryptocurrency exchange

Russia will continue to create new crypto platforms in response to sanctions, State Duma official Anatoly Aksakov said.

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$4M in Crypto Sent to Pro-Russia Militias in Ukraine: Report

Cryptocurrency worth at least $4 million and counting has been sent to groups supporting Russia's military in Ukraine, according to a Wired report. The analyses involved separate findings from cryptocurrency-tracing firms Chainalysis, Elliptic, and TRM Labs, along with investigators at Binance, the world's largest cryptocurrency exchange.

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Access To Crypto Exchange OKX Is Blocked In Russia – Here’s Why

The Russian government reportedly blacklisted OKX’s IP address on Wednesday for possible illegal activity related to a violation of Article 15. 3 of Russia’s information law, reports said.

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Russia blocks OKX website for alleged unreliable financial information: Reports

The cryptocurrency exchange’s website was said to contain information about pyramid schemes, although no details were given. Similar bans have been imposed before.

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Russia blocks crypto exchange OKX without disclosing reason

Russia blocked global crypto exchange company OKX on October 4 without disclosing why, according to News of Finance. The post Russia blocks crypto exchange OKX without disclosing reason appeared first on CryptoSlate.

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Moscow Exchange drafting bill on digital financial assets and securities trading: Report

Russia's stock exchange expects to become a registered digital asset exchange and begin trading both digital financial assets and digital asset-based securities.

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The Moscow Exchange is a good base for crypto trading, Russian lawmaker says

MOEX is likely to do a great job in launching a crypto trading division due to its full compliance with the rules of the Bank of Russia, the official said.

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Will Russia Actually Trade Oil For Bitcoin?

Russia announced a willingness to accept bitcoin in exchange for oil, but will countries actually pay in bitcoin or will they stick to gold?

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Binance Bans Accounts Tied To Russian Gov’t Officials’ Relatives – Will It Hurt Them?

Crypto asset exchange of digital assets Binance has suspended accounts with ties to Russian government officials’ relatives. Faced with escalating international sanctions in response to Russia’s invasion of Ukraine, the trading platform stated that it will continue to screen customers for connections to sanctioned persons.

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Binance blocks crypto accounts of relatives tied to the Russian government

Binance blocked the account of the Kremlin spokesman’s daughter when she tried to use the exchange following the economic sanctions imposed upon Russia.

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Binance Launches Refugee Crypto Card For Displaced Ukrainians

Leading Crypto Exchange Binance launched a “Binance Refugee Crypto Card” for displaced Ukrainians. This card is issued for existing as well as new Binance users who have been forced to relocate to European Economic Area (EEA) countries due to the war between Russia and Ukraine.

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Binance Hits Back At Reuters, Claims Data Sharing Report With Russia Is ‘Categorically False’

Binance, the world’s largest cryptocurrency exchange, has received extensive media notice in recent months. Reuters stated that in response to the Ukrainian government’s call to freeze all Russian cryptocurrency accounts, Binance would block Russian customer accounts targeted by sanctions but not all of them.

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Reports emerge of how Russian agency made Binance reveal its clients data

Details have emerged for the first time about how the world’s largest crypto exchange platform, Binance, worked with a financial intelligence agency in Russia.   This relationship, according to an in-depth report by Reuters, began in April last year when the regional head of Binance met with some officials of the FSB-linked agency.

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Binance Deactivates Accounts Of Its Major Clients In Russia As Part Of EU Sanctions

The world’s biggest crypto exchange by trading volume, Binance, will deactivate the accounts of its Russian users, cutting its services in Russia as part of the EU compliance, the company said on Thursday.

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Binance to restrict services to Russia following EU sanctions

Binance, the largest crypto exchange by trading volume, said it will limit services to Russian citizens after the EU announced its new sanctions against the country. The post Binance to restrict services to Russia following EU sanctions appeared first on CryptoSlate.

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Crypto firm Exmo exits Russia and Belarus by selling part of its business

Russia-linked crypto exchange Exmo will no longer provide services to users from Russia, Belarus and Kazakhstan.

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Bitcoin Importance Grows In Ukraine Amidst Conflict

Data shows the Bitcoin trading volume in Ukraine has observed a sharp increase amidst the war with Russia as the importance of the crypto grows in the country. Bitcoin Trading Volume In Ukraine Continues To Grow According to the latest weekly report from Arcane Research, the BTCUAH volume on the crypto exchange Binance has shot […]

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Japan to Plug Loophole to Prevent Russia From Evading Sanctions Through Crypto: Report

Japan will propose a revision of its foreign exchange law to parliament, said a government official.

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Japan to Plug Loophole to Prevent Russia From Evading Sanctions Through Crypto

Japan will propose a revision of its foreign exchange law to parliament, said a government official.

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Bitcoin Game Theory Intensifies: Russia Accepts Bitcoin For Exports

News out of Russia indicates the country is open to accepting Bitcoin and other hard assets in exchange for oil and other commodity exports.

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Crypto exchange founder asks EU to investigate if Binance is ‘helping’ Russia

European Central Bank president Christine Lagarde also said this week that Russians were using… The post Crypto exchange founder asks EU to investigate if Binance is ‘helping’ Russia appeared first on Coin Journal.

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FTX CEO criticizes crypto exchanges over their stand on Russia sanctions

Cryptocurrency exchange platforms have been under intense pressure from global regulators to ensure that Russia does not use crypto to avoid Western sanctions. The CEO of FTX, Sam Bankman-Fried, has expressed concern over the stance taken by these exchanges.

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Central Bank Of Russia Gives Sberbank Authority To Issue Digital Assets

On Thursday, the Central Bank of Russia said that it had granted Sberbank a license to issue and exchange digital assets. The move comes just two months after the central bank urged for a complete ban on cryptocurrency trading, mining, and use.

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Sberbank Gets License From Russian Central Bank to Issue, Exchange Digital Assets

The approval comes a short while after the Bank of Russia had advocated for a full ban on the trading and mining of cryptocurrency.

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Why Bitcoin: Russian Stocks to Remain Closed For Third Week Running

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Crypto Exchange CoinZoom Suspending New Russia-Based Accounts: Report

Existing account holders in Russia won’t be blocked although they will still be screened against sanctions lists, CoinZoom’s CEO said.

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Credit Suisse: Ensuing New Financial Order Will Benefit Bitcoin

The foundations of Bretton Woods II crumbled last week when the G7 seized Russia’s foreign exchange reserves, the investment bank said.

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Coinbase blocks more than 25,000 Russian-owned addresses

Cryptocurrency exchange Coinbase said it had blocked more than 25,000 Russian-linked addresses that it believed were linked to illegal activity. Wallets were associated with both individuals and legal entities in Russia.

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Pushing Russia out of crypto one country at a time: Singapore, Switzerland and Japan will join in the sanctions

Ukraine’s call on banning Russians from the crypto market was rejected by crypto exchange giants like Binance and Coinbase unless law required it. The post Pushing Russia out of crypto one country at a time: Singapore, Switzerland and Japan will join in the sanctions appeared first on CryptoSlate.

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How are crypto execs reacting to economic sanctions against Russia?

Most companies in the United States and other Western nations are no longer allowed to conduct business or exchange money with Russian banks.

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Binance boss CZ sticks up for everyday Russians, saying a blanket ban is unethical

The Binance exchange finds itself playing intermediary as the war between Russia and Ukraine continues to rage. The post Binance boss CZ sticks up for everyday Russians, saying a blanket ban is unethical appeared first on CryptoSlate.

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Coinbase will not freeze Russian accounts despite Ukraine’s request

The vice prime minister of Ukraine, Mykhailo Fedorov, has asked all the major exchanges to freeze the accounts of users in Russia and Belarus. However, some leading exchange platforms are already coming out to deny these requests.

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Ukraine Bitcoin exchange volume spikes 200% as Russia war sparks currency concerns

Kuna, a long-running native crypto exchange, sees a swift change in client activity amid currency controls and the hryvnia at all-time lows.

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Bitcoin Investors Haven’t Responded To Russia-Ukraine War With Large Inflows (Yet)

On-chain data shows Bitcoin investors haven’t moved large amounts to exchanges in response to the Russia-Ukraine war (at least for now). Bitcoin Exchange Reserve Doesn’t Spike Up Following The War Breakout Between Russia And Ukraine As pointed out by an analyst in a CryptoQuant post, the BTC reserve hasn’t moved significantly after the news of the Russia-Ukraine war.

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Binance joins Russia’s Bank Association as its first crypto member

Cryptocurrency exchange Binance has become the first crypto-centric entity to join the Association of Banks of Russia (ABR), the company announced last Friday. The post Binance joins Russia’s Bank Association as its first crypto member appeared first on CryptoSlate.

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KuCoin Enters Russia

A bitcoin exchange that claims to have five million users has struck a deal to allow deposits in Russian rubbles. “KuCoin users can now use RUB to buy USDT in... The post KuCoin Enters Russia appeared first on Trustnodes.

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KuCoin Supports Buying Crypto with RUB through Partnership with PayMIR

SEYCHELLES, On June 17, 2020, KuCoin, an IDG-backed crypto exchange, announced a new partnership with PayMIR, a well-known fiat on-ramp service provider in Russia. The partnership will enable new and existing KuCoin users worldwide to purchase crypto with Russian Ruble (RUB) using their credit and debit cards.

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KuCoin Supports Buying Crypto with RUB through Partnership with PayMIR

KuCoin, an IDG-backed crypto exchange, announced a new partnership with PayMIR, a well-known fiat on-ramp service provider in Russia. The partnership will enable new and existing KuCoin users worldwidThe post KuCoin Supports Buying Crypto with RUB through Partnership with PayMIR appeared first on AMBCrypto.

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KuCoin Supports Buying Crypto with RUB through Partnership with PayMIR

SEYCHELLES, On June 17, 2020, KuCoin, an IDG-backed crypto exchange, announced a new partnership with PayMIR, a well-known fiat on-ramp service provider in Russia. The partnership will enable new and existing KuCoin users worldwide to purchase crypto with Russian Ruble (RUB) using their credit and debit cards.

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Max Keiser Bashes Coinbase's Idea of Adding New Tokens, Accuses Crypto Exchange of Operating Outside CA Law

Amidst increasing criticism, Coinbase has decided to list new assets. Russia Today host and Bitcoin (BTC) proponent Max Keiser has slammed them for 'casino'-like approach

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Russia to prohibit cryptocurrency payments

The Russian security services and the Central Bank of Russia reached a consensus on the regulation of virtual money. They propose to prohibit paying with cryptocurrencies in Russia, and allow exchange operations only through operators with special license.

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Thousands of Bomb Threats Reported in Russia After Oligarch Linked to $450M Bitcoin Hack

Thousands of bomb threats against public facilities have been reported in Russia after a news report linked a 2017 exchange hack of $450M in Bitcoin to prominent Russian businessman Konstantin Malofeev.

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Bomb Threats Demanding Bitcoin Force Evacuations Across Russia

Someone has been sending bomb threats across Russia for a month, demanding $870,000 worth of bitcoin supposedly stolen from the defunct cryptocurrency exchange WEX.

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Bybit CEO Ben Zhou on Crypto Derivatives and Market Predictions for 2020

12 months ago, crypto derivatives platform Bybit officially launched. The Singapore exchange, which also has offices in Hong Kong and Taiwan, has enjoyed a fruitful first year, attracting users from North America, Europe, Russia and Asia.

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Founded by Russians crypto exchange becomes sleeve sponsor of British football club

The British football club Newcastle United announced a partnership with StormGain, a cryptocurrency platform, which will sponsor the team in 2019-2020. The exchange was founded by immigrants from Russia.

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Defunct Bitcoin Exchange Wex (Formerly BTC-E) Chief Arrested in Italy: BBC

BBC Russia has it that former Wex Exchange (formerly BTC-E) operator Dmitry Vasilyev has been detained in Italy. Some may recall the curious price discrepancies on Wex not so long ago, which raised red flags across the industry.

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Bibox Cryptocurrency Exchange Expands to Turkey and Russia

The company held three industry meetups to get to know its new audience, share plans and hear feedback from the customers.

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“TerraCrypto Part III. Thaw: where do we grow?”

On July 25, 2019, in Moscow the III international forum on cryptocurrency mining of TerraCrypto will take place. Within the summer business program, we will consider questions of business processes of the crypto industry in Russia and the world, a legal framework of digital mining, the innovative technical solutions, investment processes, exchange and trade in […] The post “TerraCrypto Part III.

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Venezuela Tries to Avoid US Sanctions By Trading In Rubles and Crypto

Caracas and Russia are in talks to disconnect from USD and exchange rubles and crypto.

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