Homepage > News > Business > Russia looks to Kyrgyzstan’s crypto industry to evade sanctions A new report has indicated that Russian actors are using Kyrgyzstan’s digital asset ecosystem to …
Russia
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A7A5, a ruble-backed stablecoin launched in Kyrgyzstan to help Russia facilitate cross-border payments and bypass international sanctions, has moved $9.3 billion in transactions in just four months. Furthermore, current estimates …
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Illegal crypto miners operating in Russia could lose their coins and face heavy fines under new rules formulated by the nation’s Ministry of Digital Development, Communications, and Mass Media. Per …
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Russia’s new rules exclude USDT from domestic use due to sanctions risks. Cross-border crypto transactions, including USDT, remain legal for international trade. The Central Bank of Russia has banned the …
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SWIFT enhances crypto monitoring to counter sanctions evasion. U.S. Treasury sanctions entities for illicit crypto activities. The global financial messaging network SWIFT is stepping up its efforts to track cryptocurrency …
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Russia will launch an exclusive crypto exchange for ‘super-qualified’ investors only. Access requires ₽100M in deposits or ₽50M in annual income under new rules. Russia is preparing to launch a …
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Homepage > News > Business > Bank of Russia to regulate digital currency trading The Russian government is mulling to introduce new regulations for local digital asset trading, but it …
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Homepage > News > Business > BTC mining ban saved Russia 300MW since January: report A ban on BTC block reward mining in Russia during the winter months saved the country’s northern …