Bitcoin News / Bitcoin.com - 1 year ago
In a recent interview, the European Bank for Reconstruction and Development’s (EBRD) chief economist, Beata Javorcik, highlighted a notable trend: Russia’s growing inclination to transact in the Chinese yuan. This shift, the economist emp...
Bitcoin News / Bitcoinist - 1 year ago
Binance, the world’s largest cryptocurrency exchange, has announced its full exit from Russia with a sale to a newly launched exchange. This move comes as a response to the firm’s compliance issues related to Western sanctions imposed on Russia...
Cryptocoins News / The Cointelegraph - 1 year ago
The sale has sparked chatter among local crypto enthusiasts, who say the two sites appear so similar that CommEx could be a “Russian version” of Binance.US. Cryptocurr...
Cryptocoins News / Finance Magnates - 1 year ago
Binance
has confirmed its complete withdrawal from the Russian market. The exchange has
executed an agreement to transfer its entire business operations in Russia to
the cryptocurrency exchange platform known as CommEX. This decision marks a
strategi...
Cryptocoins News / CoinJournal - 1 year ago
Binance fully exits Russia with sale of business to CommEX.
Transition will last a year, the exchange said in an announcement on Wednesday, September 27.
Binance has announced its exit from Russia, with its business sold to newly formed cryptocurre...
Cryptocoins News / The Cointelegraph - 1 year ago
The financial details of the deal remain undisclosed. However, as a full exit from Russia, Binance will have no ongoing revenue split, nor any option to buy back shares, the companies sai...
Cryptocoins News / Blockchain - 1 year ago
Binance has announced the sale of its entire Russia business to CommEX, citing compliance issues as the primary reason for the exit. The transition process for existing Russian users is expected to take up to one year, with no financial strings attac...
Bitcoin News / Bitcoin.com - 1 year ago
Aleksey Bilyuchenko, co-founder of Wex, the successor of the infamous Russian crypto exchange BTC-e, will spend only a couple of years in prison. The Russian, who is charged in the U.S. with money laundering, has been sentenced in his homeland as the...
by COINS NEWS - 1 year ago
The Federal Nuclear Center of Sarov in Nizhny Novgorod is where the USSR's first nuclear warhead was manufactured under Joseph Stalin, in a time when the secret town of Sarov was not marked on Soviet maps. Today, it is a top-secret facility surro...
Bitcoin News / Bitcoin Magazine - 1 year ago
The Bitcoin Policy Institute, in collaboration with the Cornell Brooks Tech Policy Institute, is set to host a high-profile panel discussion on the theme of "Digital Currencies & Strategic Competition." The event, which promises to be a pivotal m...
Bitcoin News / Bitcoin.com - 1 year ago
Elvira Nabiullina, Governor of the Bank of Russia, talked about the future of cash in the context of the digital ruble pilot currently being executed in the country. Nabiullina explained that physical money was not disappearing and that the future im...
Bitcoin News / Bitcoin.com - 1 year ago
Hacking groups linked to North Korea are increasingly using exchanges in Russia to launder crypto, Chainalysis revealed. The shift in their strategy, registered by the blockchain forensics firm, coincides with a drop in the value of the stolen crypto...
Bitcoin News / Bitcoin.com - 1 year ago
The Finance Ministry in Moscow is pushing to legalize decentralized financial organizations to attract capital to Russia’s regulated market for digital assets. The department hopes this would allow some of the liquidity in the decentralized finance (...
by COINS NEWS - 1 year ago
Amidst the impact of internationally imposed sanctions on Russia, the country appears to be directing its attention toward legalizing a new and decentralized form of finance known as DAO. This move from the Russian government is seen as a way t...
Bitcoin News / Bitcoin.com - 1 year ago
Two Binance executives responsible for the crypto giant’s operations in Eastern Europe and the former Soviet space have left the company. The departures come at a time when the leading crypto exchange finds itself under persisting regulatory pressure...