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Russia
Binance's Former Russia Head, Blum Co-Founder Arrested in Connection to Fraud Case
Smerkis worked for Binance from 2022 for just under two years.
Russia's Finance Ministry to Offer Crypto Trading to 'Highly-Qualified' Investors: Report
The exchange will "legalize crypto assets and bring cryto operations out of the shadows," Finance Minister Anton Siluanov said
Russia Turns to Crypto to Bypass Western Sanctions in Oil Trade: Reuters
While fiat currencies remain the primary method, crypto is seen as a convenient and flexible tool for transactions.
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.
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.
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.
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.
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
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.
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."
