Russia
European Union Blocks Ruble Stablecoin A7A5 Tied to Sanctioned Russian Bank
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...
Russia Accuses the U.S. of $37 Trillion Debt “Reset” Plan Using Stablecoins
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 Proposes Easing of Crypto Rules to Boost Adoption Among Retail Investors
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 Dumps 2.8% to Below $110K After Trump’s 50% India Tariff Over Russian Oil
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,...
US Puts a $6 Million Bounty on Heads of Russian Crypto Exchange Garantex
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 Develops Framework for Elite Crypto Investments & ETF Products
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...
Russia: Anonymity in Crypto Transactions Is Now Officially a “Myth”
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 Launches Crypto Exchange for Elite Investors: How Big Is Their Market?
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...
Sanctioned Russia turns to BTC, ETH & USDT for global oil trade with China, India
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 Supreme Court Moves to Classify Crypto as ‘Property’ in Crime Crackdown
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...
Russia Sentences Citizen Over Crypto Transfers to Ukraine
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...
