Russia


Policy

Rabotnik, Affiliate of Ransomware Group REvil, Sentenced to 13 Years in Jail

Rabotnik, 24, has also been ordered to pay over $16 million in restitution.

Jebara Igbara was sentenced to 7 years in prison. (Sasun Bughdaryan / Unsplash)

Policy

CommEX, Owner of Binance's Former Russian Ops, to Close Down

Crypto exchange Binance sold the entirety of its Russian business to CommEX in September last year following compliance concerns.

Russian flag (Egor Filin/ Unsplash)

Policy

BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report

For some time now, the BRICS grouping has been making efforts to reduce its reliance on U.S. dollars in settlement.

(Christiann Koepke/Unsplash)

Policy

Vladimir Putin's Signature Brings Digital Ruble Into Russia's Tax Code

The tax code now contains a definition of "digital ruble account" and has rules for the taxation of transactions with digital rubles.

16:9 Crop: Russian President Vladimir Putin. (DimitroSevastopol/Pixabay)

Policy

Crypto Exchange CoinList Settles OFAC's Russian Sanctions Allegations for $1.2M

CoinList did not detect users who claimed to be from non-embargoed countries, but provided addresses in Crimea, OFAC said.

Russian flag (Egor Filin/ Unsplash)

Policy

Binance P2P Trading Platform Halts Ruble Support Following Russia Exit

Customers are free to withdraw or transfer funds and continue trading via Binance Russia's new owner CommEX, the company said Monday.

Two large stacked blocks displaying Binance's logo at a trade show.

Tech

Russian Attackers May Have Been Behind Hack of Sam Bankman-Fried’s FTX, Elliptic Says

Research firm Elliptic said some of the stolen funds appear to be linked to Russian cybercriminal groups, citing on-chain analysis.

FTX Logo (Unsplash)

Policy

CZ Denies He Owns CommEX, Binance Russia's New Owner

Binance’s CEO sought to quell speculation about the mysterious, day-old, crypto company found as part of a hasty Russian exit

Changpeng “CZ” Zhao, CEO de Binance, en el evento Consensus Singapore 2018. (CoinDesk)

Videos

Binance Is Leaving Russia; Coinbase CEO Calls Out Chase UK for 'Totally Inappropriate Behavior'

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including Binance selling its Russian unit as it looks for a complete exit from the market. Coinbase CEO Brian Armstrong calls out Chase, as the banking giant gets ready to ban crypto-linked payments via debit card or by outgoing bank transfer for U.K. clients. And, SEC Chair Gary Gensler testifies before lawmakers on Wednesday.

CoinDesk placeholder image

Videos

Binance Sells Its Russian Unit to Day-Old Crypto Exchange

Crypto exchange Binance is gearing up to fully exit the country of Russia over compliance concerns, as the company agrees to sell the entirety of its Russia business to CommEX, an exchange that was officially launched on Tuesday. CoinDesk's global policy and regulation managing editor Nikhilesh De discusses Binance's announcement and other developments in the crypto regulation space.

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