Russia’s Central Bank May Allow Use of Cryptos in External Transactions

Reading Time: < 1 minute Ksenia Yudaeva, Deputy Chairman of the Central Bank of Russia, has said digital currencies can be used in settlements with external counterparties of Russia.

Binance Denies Passing User Data to Russian Authorities

Reading Time: < 1 minute Binance restricted on Thursday access to trading for some Russian users, and the next day, Reuters published a large text stating the exchange is actively cooperating with the FSB, transferring Russian user data to the Rosfinmonitoring.

US Imposes Sanctions on Crypto Miner BitRiver

Reading Time: < 1 minute The US Department of the Treasury has imposed sanctions against the BitRiver group of companies engaged in cryptocurrency mining in Russia.

Russian Ministry of Energy Supports Mining Legalization

Reading Time: < 1 minute The Russian Ministry of Energy has supported the proposal to legalize cryptocurrency mining.

Europe Strengthens its Sanctions Against Russian Crypto Users

Reading Time: < 1 minute The European Union has announced the introduction of a new package of sanctions against Russia.

Russian Parliament Plans to Recognize Cryptocurrency as Property

Reading Time: < 1 minute It is necessary not only to control all operations with digital currencies, but also to introduce a special mode of operation for miners.

Changpeng Zhao Says Russia Just Can’t Use Cryptos to Evade Sanctions

Reading Time: < 1 minute Binance CEO Changpeng Zhao has said in an interview with CNN that Russia will not be able to use digital assets to circumvent sanctions.

Russian Users Are Selling Billions of Dollars in Crypto in the UAE

Reading Time: < 1 minute UAE-based cryptocurrency companies have recently faced a large number of applications from Russian citizens to convert digital assets into fiat or withdraw to buy real estate.

Russian Ministry of Energy Wants to Accelerate Legalization of Crypto Mining

Reading Time: < 1 minute The Ministry of Energy of Russia wants the country’s authorities to speed up the legalization and regulation of crypto mining.