Russia
Russia's Largest Bank to Introduce DeFi Platform by May: Report
Russia's largest bank, Sberbank, will release a decentralized finance (DeFi) platform by May, according to a report by the Russian news agency Interfax. "The Hash" panel discusses what this suggests about the evolution of the traditional banking system and future of DeFi.
Russia's Sberbank Will Introduce DeFi Platform by May: Report
The bank's blockchain product director believes DeFi will one day replace traditional banking services.
US Blacklists Bitcoin, Ether Addresses Tied to Russian Sanctions-Evasion Efforts
The addresses are linked to Russia's arms exports intermediary, according to OFAC.
Binance Garnered Largest Market Share of Crypto Investors From Emerging Markets in 2022
A CryptoCompare report found that as inflation surged worldwide, the crypto exchange giant attracted the largest number of retail investors from countries facing high inflation.
Differences Between Retail and Wholesale CBDCs
"Since Russia's invasion of Ukraine...there's a real pickup in interest in wholesale central bank digital currency," said Josh Lipsky, senior director of The Atlantic Council's GeoEconomics Center, discussing his CBDC outlook for 2023. Plus, he explains the differences between retail and wholesale CBDCs.
Wanted Russian Parliament Member May Own a Crypto Broker in Moscow: Report
Local media connected Andrei Lugovoi, a Russian politician wanted for serious crimes in the U.K., to a cash-based OTC in Moscow.
United Nations Taps Stellar Blockchain to Aid War-Impacted Ukrainians
The United Nations High Commissioner for Refugees (UNHCR) is working with Stellar Development Foundation to send USDC stablecoins across the Stellar blockchain to Ukrainians impacted by the ongoing Russian invasion. "The Hash" panel discusses the crypto for social good use case in times of conflict.
Crypto 2023: It's Sanctions Season
With state governments increasing financial sanctions in 2022, crypto services might become as cautious about "risky" users as banks have been traditionally, says Anna Baydakova.
Leader of Suspected Russian Ponzi Scheme Is Arrested in UAE: Report
Edvard Sabirov's arrest leaves just one of the four known leaders of the Finiko fund at large.
Bank of Russia Suggests NFT, Smart Contract Regulation
Russia's central bank suggested detailed framework for trading digital assets.
