Cryptocoins News / The Cointelegraph - 2 years ago
The Council of the European Union has cut Russians off from certain cryptocurrency services as part of a package of restrictive measures against Russian President Vladimir Putin’s “brutal aggression against Ukraine and its people.”In a Friday announc...
Cryptocoins News / The Cointelegraph - 2 years ago
The Russian prime minister declared that the cryptocurrency holdings of Russians are worth billions of dollars but the government is yet to adopt a regulatory framework for the industry.Russians collectively hold more than 10 trillion rubles ($130 bi...
Bitcoin News / Bitcoin.com - 2 years ago
The Central Bank of Russia has turned down a proposal to allow the use of digital currencies for the purpose of sanctions evasion. The monetary authority believes this is hardly an option as Western regulators are already taking steps to prevent such...
Cryptocoins News / The Cointelegraph - 2 years ago
United States Treasury Secretary Janet Yellen told the House Financial Services Committee on Wednesday that her department is not seeing significant use of cryptocurrencies to evade sanctions placed on Russian oligarchs and government agencies. Yelle...
Cryptocoins News / The Cointelegraph - 2 years ago
United States Treasury Secretary Janet Yellen told the House Financial Services Committee on Wednesday that her department is not seeing significant use of cryptocurrencies to evade sanctions placed on Russian oligarchs and government agencies. Yelle...
Bitcoin News / Bitcoin.com - 2 years ago
Sberbank, the largest bank in the Russian Federation, has denied connection to a new cryptocurrency called “sbercoin.” The project is offering high returns to buyers of the token, which was launched shortly after Bank of Russia...
Cryptocoins News / Blockchain - 2 years ago
In collaboration with the U.S. Justice Department, German authorities announced Tuesday that they managed to shut down the Hydra market, the most prominent Russian darknet market, and consequently seized $25 million in Bitcoin from the marketplace....
Cryptocoins News / The Cointelegraph - 2 years ago
The United States Department of the Treasury’s Office of Foreign Assets Control has announced it will impose sanctions on darknet market Hydra and virtual currency exchange Garantex.In a Tuesday announcement, the Treasury Department said it had worke...
by COINS NEWS - 2 years ago
Waves is an old project that pivoted from a smart contract platform and jumped on the stablecoin play, after seeing the success of UST and the burning algo stable mechanism, Waves launched USDN trying to replicate it. Except, unlike UST , USDN...
Bitcoin News / Bitcoin.com - 2 years ago
A high-ranking representative of the Ministry of Finance in Moscow sees no point in banning crypto mining in Russian households as it would be hard to restrict the activity. The top official also revealed that the department is currently finalizing r...
Bitcoin News / Bitcoin.com - 2 years ago
With sanctions cutting off Russia from global finances, Moscow’s motivation to establish a domestic market infrastructure for digital assets grows, a top official at the Russian finance ministry has noted. The comment comes as Russians are los...
Cryptocoins News / The Cointelegraph - 2 years ago
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues...
by COINS NEWS - 2 years ago
After weeks of scoping out Russian base camps that had been turned to crypto mining facilities in the northwest of Ukraine, Russian forces have reported a sudden disappearance of crypto mining equipment. Previous satellite images and glassnode analy...
Bitcoin News / Bitcoinist - 2 years ago
As opposed to fiat currencies and traditional financial systems, cryptocurrencies are considered unstoppable by central entities. And they are very much proving their effectiveness in the war-struck Ukraine.
It has been a month since Russia began inv...
Bitcoin News / Bitcoin.com - 2 years ago
Authorities in Japan are planning to introduce tougher new rules for crypto operators as part of efforts to prevent Russia from using cryptocurrencies to evade sanctions. The legislative initiative comes after Tokyo asked digital asset exchanges to s...
Bitcoin News / Bitcoin.com - 2 years ago
Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S. currency, according to a high-ranking official at the International Monetary Fund (IMF). The confrontation could lead to fragmentation of t...
by COINS NEWS - 2 years ago
Russia's government has attempted to peg Ruble's value to gold. It has not yet announced that Ruble is backed by gold, but the Russian central bank has said it will exchange ruble with gold and vice versa for a fixed rate. This has resu...