Russia

The United States has launched a major crackdown on Garantex, a Russian-operated cryptocurrency exchange accused of handling massive illicit transactions. In a coordinated move, the Departments of State and Treasury...

Russia’s Central Bank is moving forward with plans to launch regulated cryptocurrency investments for elite investors through a new pilot program. This framework will allow select individuals and institutions to...

Recent reports indicate that Russia’s Federal Financial Monitoring Service (Rosfinmonitoring) has confirmed that cryptocurrency exchanges operating within the country are sharing user transaction data with authorities without requiring court orders....

Russia is preparing to establish a government-backed crypto exchange exclusively for wealthy investors.  The project, confirmed on April 23, will operate under an experimental legal framework (ELR), it aims to...

Russia is using crypto to bypass Western sanctions, Reuters has reported. Facing mounting economic pressure, Russia has turned to BTC, ETH, & USDT for its oil trade with China and...

Russia’s Supreme Court is pushing forward with plans to classify cryptocurrency as property in criminal cases. The goal is to strengthen legal tools against crypto-related crimes. As digital assets become...

A resident of Yakutia, Russia, has been sentenced to seven years in prison for sending cryptocurrency to support Ukrainian forces. This is just one of several similar actions taken against...