Russia
Russian Millionaire’s Startup Plans Ruble Stablecoin Following DAI Model
The firm founded by Russian ex-banker Alexander Lebedev plans to introduce the coin on the Ethereum blockchain.

Vitalik Buterin Makes Surprise Appearance at Kyiv Tech Summit in Show of Support for Ukraine
The Ethereum co-founder, who was born in Russia, made time for the visit as his Ethereum blockchain is days away from the major overhaul known as the Merge.

Russia Reportedly Exploring Stablecoin Settlements; Poolin Suspends Withdrawals From Wallet Service
Russia is talking to several friendly countries about launching clearing platforms for cross-border settlements in stablecoins, according to a report from Russian news agency Tass. Bitcoin mining pool PoolinWallet is suspending all withdrawals as it tries to preserve assets and stabilize liquidity. Bitcoin may see another meteoric rally once the dormant supply metric has peaked.

Russia Exploring Stablecoin Settlements With Friendly Nations: Report
President Vladimir Putin had signed a law banning digital payments earlier this summer.

UK Crypto Firms Must Now Report Sanctions Breaches, Freeze Accounts
The U.S. and European Union have also extended sanctions rules to crypto since Russia’s invasion of Ukraine gave way to heightened concerns over the use of digital assets to circumvent restrictions.

Binance Froze a Wallet Related to Russian Gun Manufacturer
Crypto exchange Binance froze a wallet related to Vladislav Lobaev, a Russian gun manufacturer who raised funds for the country's troops in Ukraine, according to a Lobaev representative and blockchain data analysis. "The Hash" panel discusses the details.

Binance Froze Russian Gun Maker's Crypto Assets, Amid Ukrainian Pressure
Vladislav Lobaev, a Russian gun manufacturer, raised $21,000 in crypto for the war in Ukraine before the world’s largest crypto exchange locked down the funds.

Bitcoin Under $21K After Powell's Hawkish Remarks; Analysts Trim Price Targets for Argo Blockchain
Bitcoin (BTC) dropped following Fed Chair Jerome Powell's hawkish speech at the annual Jackson Hole Economic Symposium. H.C. Wainwright and Jefferies analysts slashed their price targets for Argo Blockchain after disappointing guidance from the bitcoin miner's quarterly results. The wife of Alexey Pertsev, the web developer arrested in Amsterdam over alleged ties to sanctioned crypto mixer Tornado Cash, dismissed speculation her husband had links to the Russian secret service.

Alleged Tornado Cash Developer Has No Ties to Russia Secret Service, Wife Says
The wife of Alexey Pertsev, the web developer arrested in Amsterdam over suspected ties to the Tornado Cash crypto mixing protocol, dismissed speculation that her husband had links to the Russian secret service. CoinDesk Regulatory Reporter Jack Schickler breaks down the latest developments.

Wife of Arrested Tornado Cash Developer Denies Russia Secret Service Links
Financial-crime analysts at Kharon have connected Alexey Pertsev, who is currently in a Dutch prison awaiting trial on suspicion of facilitating money laundering via crypto protocols, to Russian espionage.

