Russia


Policy

Bank of Russia Proposes Crypto Investment Pilot for High-Net-Worth Investors

The central banks aims to establish standards for crypto-related services and increase market transparency while expanding investment opportunities for wealthy investors.

The Kremlin and Saint Basil's cathedral in Moscow. (Michael Parulava/Unsplash)

Markets

Ukraine Ceasefire Breakthrough Sends Markets Into Green; Bitcoin Retakes $83K

Also giving a boost was an easing in trade tensions between the U.S. and Canada.

Kiev, Ukraine. Credit: Shutterstock

Policy

Tether Freezes $28M USDT on Russian Crypto Exchange Garantex

"Tether has entered the war against the Russian crypto market and blocked our wallets worth over 2.5 billion rubles," Garantex said.

Tether 's logo painted on a wooden background.

Policy

U.S.-Sanctioned Countries Such as Iran Leaning Heavily Into Crypto: Chainalysis

A new report from the analytics firm says that sanctioned jurisdictions and groups were responsible for 39% of illicit crypto transactions last year.

Iran

Policy

Russia Imposes 6-Year Ban on Crypto Mining in 10 Regions, Citing Energy Use: Tass

Temporary bans may be imposed in other regions during peak energy demand, Tass reported

A BitCluster crypto mining site in Khanty-Mansiysk, Russia. (Image Credit: BitCluster)

Videos

Microsoft, Russia Consider Proposals to Buy Bitcoin

Microsoft shareholders voted against a proposal that would have directed the company board to consider adding bitcoin to the firm's treasury holdings. Plus, Russia's plan for a strategic bitcoin reserve and crypto developments in Latin America. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.

Microsoft, Russia Consider Proposals to Buy Bitcoin

Policy

Russian Lawmaker Proposes Creating Strategic Bitcoin Reserve: Report

Anton Tkachev proposed "assessing the feasibility of creating a strategic BTC reserve in Russia by analogy with state reserve in traditional currencies."

Russian flag (Egor Filin/ Unsplash)

Policy

U.S. Treasury Sanctions 5 People, 4 Entities Tied to Russian Money Laundering Group

One of the entities which helped Russian oligarchs evade U.S. sanctions is registered in Sheridan, Wyoming.

Russian Cybercrime

Policy

Putin Says No One Will Be Able to Ban Cryptocurrencies: State Media

The Russian president said cryptocurrencies will continue to develop no matter what happens to the U.S. dollar.

Russia's President Vladimir Putin said nobody has the power to ban bitcoin or other cryptocurrencies and that they will continue to develop, news agency RIA reported.

Policy

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."

Department of Justice (Shutterstock)