US Senators Elizabeth Warren and Jack Reed have sent a letter to the US Department of Justice (DOJ) and the US Department of the Treasury asking for a federal investigation...
Russia’s Constitutional Court is set to pass its judgment on whether citizens have property rights over stablecoins like Tether’s USDT, the world’s largest stablecoin by market cap. The review stems...
U.S. President Donald Trump has signaled openness to a drastic new sanctions package. The proposed legislation targets countries that continue to trade with Russia. However, Trump stated he will only...
The European Union is preparing to ban the trading and use of A7A5, a Ruble-backed stablecoin with ties to Russia’s sanctioned Promsvyazbank (PSB). Effective November 25, the EU A7A5 stablecoin...
A senior advisor to Russian President Vladimir Putin has accused the United States of planning to use cryptocurrencies, especially dollar-backed stablecoins, to reset its national debt. Anton Kobyakov, who spoke...
Russia, which has been an important member in the cryptocurrency ecosystem, has proposed providing crypto trading to retailers. Talks are underway and if approved, the retail investors could soon access...
Bitcoin’s price falls below $110,000 as a new geopolitical event rattles the market and thereby economic stability. President Donald Trump has imposed a steep 50% tariff on most Indian imports,...
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...