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Russia
EU Set to Ban Russian Crypto Payments After ‘Sham’ Referenda; Hedge Fund Says Chinese Investors Could Snap Up Cryptos as Yuan Slides
The European Union will tighten restrictions on Russians’ crypto investments within the bloc as it seeks to respond to “sham” independence votes being held in Russian-occupied regions of Ukraine. Novum Alpha CEO says Chinese investors might snap up digital assets now as the yuan depreciates.
EU Set to Ban Russian Crypto Payments After ‘Sham’ Referenda
Russians could be restricted from making any payments to EU crypto wallets following the imposition of limits in April.
Why Russia Isn’t Relying on Crypto to Evade Sanctions
Yes, crypto has limitations. But the traditional banking system is a more attractive place for money laundering regardless.
Binance’s Bid to Buy Voyager's Assets Complicated by National Security Concern: Sources
Binance’s attempt to purchase bankrupt lender Voyager Digital’s assets has been complicated by concerns the U.S. government would reject the transaction, according to sources. Plus, a closer look at why some U.S. and EU miners are staying put in Russia despite the war and sanctions.
Crypto Miners From US, EU Stay Put in Russia Despite War, Sanctions
The war in Ukraine may have undermined many Russian companies, but not mining facilities: Clients from the West keep coming to the country for cheap power and reliable uptime.
US Treasury Sanctions Russian Paramilitary Group Crowdfunding Ukraine War With Crypto
“Task Force Rusich” raised thousands of dollars in crypto to resupply soldiers fighting in Ukraine.
Russian Millionaire’s Startup Plans Ruble Stablecoin Following DAI Model
The firm founded by Russian ex-banker Alexander Lebedev plans to introduce the coin on the Ethereum blockchain.
Vitalik Buterin Makes Surprise Appearance at Kyiv Tech Summit in Show of Support for Ukraine
The Ethereum co-founder, who was born in Russia, made time for the visit as his Ethereum blockchain is days away from the major overhaul known as the Merge.
Russia Reportedly Exploring Stablecoin Settlements; Poolin Suspends Withdrawals From Wallet Service
Russia is talking to several friendly countries about launching clearing platforms for cross-border settlements in stablecoins, according to a report from Russian news agency Tass. Bitcoin mining pool PoolinWallet is suspending all withdrawals as it tries to preserve assets and stabilize liquidity. Bitcoin may see another meteoric rally once the dormant supply metric has peaked.
Russia Exploring Stablecoin Settlements With Friendly Nations: Report
President Vladimir Putin had signed a law banning digital payments earlier this summer.
