CBDCs
Digital ruble rise threatens future of conventional banking in Russia
Russian lawmaker Anatly Aksakov argued that traditional banks might "fade away."
Oluwapelumi Adejumo 2 min read
Russia News
Regulatory debates, mining, sanctions dynamics, and Russia’s complex crypto environment.
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Hacks
New Russian malware, dubbed ‘Infamous Chisel,’ identified targeting Binance, Coinbase, and Trust wallets
The U.K.'s National Cyber Security Centre (NCSC) announced the thread on September 1st, linking the threat to the Russian state-sanctioned hacker group, 'Sandworm,'
Exchanges
Binance mulls exiting Russian market
The company previously attracted criticism for supporting sanctioned Russian banks.
Latest Russia Crypto News & Analysis
Exchanges
Binance removes five sanctioned Russian banks from P2P trading: WSJ
Controversy around those Russian banks emerged earlier in the week, when WSJ claimed that the company continued to allow peer-to-peer trading involving the Russian banks in question.
Exchanges
Binance accused of hiding names of sanctioned Russian banks behind color codes
Binance has repeatedly claimed that it complies with global sanctions imposed on Russia.
Exchanges
Binance allegedly maintains ties with blacklisted Russian banks despite Western sanctions: WSJ
Binance has recently faced heavy regulatory scrutiny across several jurisdictions, particularly in the West.
CBDCs
Russian central bank to launch digital ruble pilot Aug. 15
Russia's foray into digital fiat currency adoption will involve 13 banks and 30 companies.
CBDCs
Brazil to launch CBDC ‘DREX’ in 2024 said to improve financial accessibility amid centralization concerns
Examining potential risks and rewards in Brazil's blockchain move with 'DREX'.
CBDCs
Bank of Russia kicks off digital ruble operations with free transactions until 2025
The bank explained that this would incentivize Russians to use the national digital currency.
More Russia Crypto News Headlines
CBDCs
President Putin approves digital Ruble, as Russia prepares for crypto exchange trial run
CBDCs
Russia could begin digital rubles testing as early as next month
Regulation
Russia eyes crypto mining legalization by 2024
Crime
