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Russia
BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report
For some time now, the BRICS grouping has been making efforts to reduce its reliance on U.S. dollars in settlement.
Vladimir Putin's Signature Brings Digital Ruble Into Russia's Tax Code
The tax code now contains a definition of "digital ruble account" and has rules for the taxation of transactions with digital rubles.
Crypto Exchange CoinList Settles OFAC's Russian Sanctions Allegations for $1.2M
CoinList did not detect users who claimed to be from non-embargoed countries, but provided addresses in Crimea, OFAC said.
Binance P2P Trading Platform Halts Ruble Support Following Russia Exit
Customers are free to withdraw or transfer funds and continue trading via Binance Russia's new owner CommEX, the company said Monday.
Russian Attackers May Have Been Behind Hack of Sam Bankman-Fried’s FTX, Elliptic Says
Research firm Elliptic said some of the stolen funds appear to be linked to Russian cybercriminal groups, citing on-chain analysis.
CZ Denies He Owns CommEX, Binance Russia's New Owner
Binance’s CEO sought to quell speculation about the mysterious, day-old, crypto company found as part of a hasty Russian exit
Binance Is Leaving Russia; Coinbase CEO Calls Out Chase UK for 'Totally Inappropriate Behavior'
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including Binance selling its Russian unit as it looks for a complete exit from the market. Coinbase CEO Brian Armstrong calls out Chase, as the banking giant gets ready to ban crypto-linked payments via debit card or by outgoing bank transfer for U.K. clients. And, SEC Chair Gary Gensler testifies before lawmakers on Wednesday.
Binance Sells Its Russian Unit to Day-Old Crypto Exchange
Crypto exchange Binance is gearing up to fully exit the country of Russia over compliance concerns, as the company agrees to sell the entirety of its Russia business to CommEX, an exchange that was officially launched on Tuesday. CoinDesk's global policy and regulation managing editor Nikhilesh De discusses Binance's announcement and other developments in the crypto regulation space.
Binance Sells Russian Unit to Day-Old CommEX, Exits Country
Binance is set to fully exit the country with the sale and will have no ongoing revenue split, it said Wednesday.
Russian Lawmaker Predicts That Digital Ruble Will Displace Banks
Soon it will be possible to get a loan in the digital ruble and decisions will be made by a robot, Anatoly Aksakov, the head of the State Duma Banking Committee, said, expressing his opinion in a meeting.