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Russia
Global Effort Disrupts Russia Linked Network Using Crypto to Evade Sanctions, U.S. Charges Two Russians
U.S. President Joe Biden said "to counter Russian sanctions evasion and money laundering, the Department of Justice, the Department of the Treasury, and the U.S. Secret Service have taken action today to disrupt a global cryptocurrency network, in coordination with international partners."
SUI Beat the Market With Nearly 20% Rally; Deutsche Bank Survey Shows Crypto Is Here to Stay
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as bitcoin surpassed $58,000 during Asian trading hours on the back of a U.S. tech stock rally. This comes as the SUI token beat the market with its nearly 20% jump. Plus, a Deutsche Bank survey finds that U.S. consumers are warming up to crypto, and the Bank of Russia wants the country's largest banks to support a digital ruble by July 2025.
Russian Central Bank Targets July 2025 for Widespread Digital Ruble Use
The central bank wants to promote the widespread use of the digital ruble.
Russia Is About to Try Using Crypto to Get Around Sanctions
Experts doubt it will work, given the traceability of blockchains and the risk of even tougher sanctions for Russia.
Russia Legalizes Crypto Mining; California’s DMV Loads 42M Car Titles On-Chain
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Russia's State Duma passed a law that fully legalizes cryptocurrency mining in the country. Plus, California’s DMV digitized 42 million car titles on the Avalanche network, and The Bahamas is back with a new law that tightens its crypto guidelines.
Russia Legalizes Crypto Mining and Brings an Experimental Regime
The State Duma passed two bills on Tuesday.
Russian-Speaking Groups Responsible for Majority of Crypto Ransomware Attacks in 2023: TRM Labs
Inflows to Russia-based crypto exchange Garantex accounted for 82% of the crypto volumes that belonged to sanctioned entities internationally, the report added.
Exiled Russian Opposition Leader Launches Blockchain-Based Referendum on Vladimir Putin’s Election Win
The new Arbitrum-powered tool could give Russians critical of Putin a way to anonymously voice their displeasure.
Rabotnik, Affiliate of Ransomware Group REvil, Sentenced to 13 Years in Jail
Rabotnik, 24, has also been ordered to pay over $16 million in restitution.
CommEX, Owner of Binance's Former Russian Ops, to Close Down
Crypto exchange Binance sold the entirety of its Russian business to CommEX in September last year following compliance concerns.