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Russia
Binance Sells Russian Unit to Day-Old CommEX, Exits Country
Binance is set to fully exit the country with the sale and will have no ongoing revenue split, it said Wednesday.
Russian Lawmaker Predicts That Digital Ruble Will Displace Banks
Soon it will be possible to get a loan in the digital ruble and decisions will be made by a robot, Anatoly Aksakov, the head of the State Duma Banking Committee, said, expressing his opinion in a meeting.
Coinbase Gets a Stake in Circle; FTX's Sam Bankman-Fried Pleads Not Guilty, Again
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as FTX founder Sam Bankman-Fried pleads not guilty to his latest indictment. The Wall Street Journal is out with a new report detailing Binance's legal risks over Russia. And, Coinbase buys a minority stake in stablecoin issuer Circle Internet Financial.
Binance Facing Additional U.S. Legal Risks by Helping Russians Move Money: WSJ
According to a new report from the Wall Street Journal, Binance is helping blacklisted Russian lenders move money through peer-to-peer transactions. A spokesperson for Binance told the publication the exchange follows global sanctions rules. "The Hash" panel discusses whether this could add on to the legal risks Binance is currently facing in the U.S.
Bitcoin Vapid, Gold Weakens as Russian Ruble and Argentinian Peso Crash
The latest crash in ruble and peso represents reveal cracks in the global market, per one observer. Still, perceived safe havens like bitcoin and gold remain under pressure.
Russia to Test Digital Ruble With Banks, Clients
The country's central bank will begin real-world tests of the digital currency with 13 banks and limited clients on Aug. 15.
Amid Sanctions, Bitcoin Mining Machines Are ‘Flowing’ Into Russia, as Industry Thrives
Mining rig makers like Bitmain and MicroBT are expanding to Russia as the U.S. market becomes saturated, sources said.
Putin Signs Digital Ruble Law Making a CBDC Possible in Russia
The new law describes a legal framework for a central bank digital token
He Got Arrested in Russia for a Bitcoin Bribe. Now the Coins Are Moving to Exchanges
A criminal investigator in Moscow allegedly extorted thousands of bitcoin from the hackers he arrested. Now, these coins have moved onto exchanges, Crystal Blockchain found.
U.S. DOJ Charges 2 Russian Nationals With Mt. Gox Hack
Russian nationals Alexey Bilyuchenko and Aleksandr Verner were charged by the U.S. Department of Justice with the 2014 Mt. Gox hack, at the time one of the biggest thefts in crypto history. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De breaks down the latest revelations in the case.