Russia
Putin Signals Tolerance of Cryptocurrencies
CoinDesk’s Nikhilesh De discusses the specifics, reactions, and implications for Russian President Vladimir Putin saying crypto has value but cannot yet replace the U.S. dollar in settling oil trades.
US Sanctions Enforcer Blacklists a Crypto Exchange for First Time
The U.S. Treasury Department added Russia-based crypto exchange Suex.io to its list of specially designated nationals (SDNs) for its alleged role in facilitating cryptocurrency transactions for ransomware attackers. Labeled a “specially designated national,” Suex.io is in a category with suspected terrorists.
Bank of Russia Sees Digital Ruble as a Key Project
The Russian central bank’s deputy chairwoman sees no obstacles to the launch of a CBDC.
Eastern Europe Received Over $1B of Illicit Crypto in a Year: Chainalysis
The region is second highest for cryptocurrency scams, behind only Western Europe, a report says.
Founder of Alleged $95M Ponzi Nabbed in Russia, 3 More Sought
Finiko was labeled as a Ponzi scheme by the Bank of Russia but still attracted millions in investment.
Russia’s Financial Monitoring Agency Will Pay $200K for Crypto Transaction Surveillance
Rosfinmonitoring, Russia’s agency for preventing crime financing and money laundering, will pay 14.7 million Russian rubles ($200,000) for a proprietary bitcoin transaction tool that helps identify crypto users and see if they are involved in criminal activities. "The Hash" squad discusses the local and international implications for Russia finally dabbling into the transaction monitoring space after three years in the making.
Russia's Financial Monitoring Agency Wants to Identify and Profile Crypto Users
Rosfinmonitoring will pay $200,000 for a tool to identify crypto users and see if they are involved in criminal activities.
Russia's Telecom Giant MTS Invests $11.7M in Blockchain Trade-Finance Service: Report
MTS bought 51% of Factorin, a Russia-based trade-finance service, for $11.7 million.
Russia’s Hermitage to Sell Digital Copies of Art as NFTs
The museum will sell digital copies of works by da Vinci, Giorgione, Kandinsky, van Gogh and Monet on Binance NFT.
Bank of Russia: Stock Exchanges Should Avoid Crypto-Related Funds
The Central Bank of Russia announced Thursday stock exchanges in the country should avoid listing investment products related to cryptocurrency prices. “The Hash” panel discusses the underlying nuances for central banks controlling the money supply.