Russia
Retail Traders Get New “Up or Down” Platform from Alpari After Exiting Exinity
- Users select an asset, risk amount, and predict price movement for potential payouts up to 80%, much like binary options.
- Pulse is operated by Pulse Trading CR in Costa Rica; Alpari is now under Parlance Trading.
Friday, 03/10/2025 | 10:17 GMT by
Tareq Sikder
Russia and Stablecoin Use: Ruble-Pegged A7A5 Moved $9B on One Crypto Exchange
- A Financial Times report found links between the newly launched crypto exchange Grinex and the now-seized Garantex, though Grinex denies any connection.
- There are currently $156 million worth of ruble-pegged A7A5 stablecoins in circulation, held mainly by a small group of users.
Wednesday, 25/06/2025 | 08:37 GMT by
Arnab Shome
How a $19K Manhattan Apartment Renter Allegedly Moved Half a Billion for Putin's Banks
- Russian crypto executive Iurii Gugnin was arrested for allegedly laundering money for sanctioned Russian banks
- Prosecutors say he used Tether stablecoin transactions and falsified documents to help Russia access the U.S. financial system
Tuesday, 10/06/2025 | 06:16 GMT by
Damian Chmiel
Russian Central Bank to Launch Crypto Exchange for “Super-Qualified Investors”
- Individuals with either a minimum of 100 million rubles in assets or an annual income of 50 million rubles may qualify as “super-qualified investors.”
- Previously, the regulator proposed allowing crypto trading for a limited number of investors under a three-year experimental regime.
Thursday, 24/04/2025 | 06:13 GMT by
Arnab Shome
Russia’s Central Bank Warns of Manipulation in Prop Trading
- Despite their growing presence in domestic and international markets, the bank mentioned that prop trading firms lack clear regulations.
- The current legislation reportedly does not impose internal control requirements on prop trading firms, creating regulatory gaps.
Monday, 31/03/2025 | 18:03 GMT by
Jared Kirui
Why Is Bitcoin Going Up? Russia Uses Crypto in Oil Trade with China and India
- Russian oil firms use crypto intermediaries to convert yuan and rupees into rubles, moving $10M monthly.
- Sanctions risk banking channels, pushing Russia to use crypto for its $192B oil trade.
Friday, 14/03/2025 | 14:32 GMT by
Tareq Sikder
Bank of Russia Proposes Crypto Access for “Highly Qualified” Investors Earning Over ₽50M
- Individuals with over 100 M rubles in securities or annual income exceeding 50 M rubles can participate.
- A special ELR will be introduced for a three-year period to test crypto investments.
Wednesday, 12/03/2025 | 15:46 GMT by
Tareq Sikder
Russia Bans Crypto Mining in 10 Regions for 6 Years Following Putin's Signed Law
- The restrictions follow laws signed by the Russian president in August and October 2024.
- Seasonal mining restrictions will be imposed in three Siberian regions during energy peaks.
Tuesday, 24/12/2024 | 14:20 GMT by
Tareq Sikder
Russia's Lawmaker Proposes Bitcoin Reserve to Mitigate Geopolitical Risks
- The proposal involves using Bitcoin as an alternative to traditional state reserves in currencies like the U.S. dollar, euro, and yuan.
- Bitcoin is considered a decentralized and secure asset that is immune to geopolitical pressures.
Tuesday, 10/12/2024 | 20:45 GMT by
Jared Kirui
Putin Touts Bitcoin as Russia Embraces Crypto to Counter Sanctions
- Recent laws in Russia exempt crypto mining from VAT and have established a clear regulatory framework for the sector.
- The Russian President asserted that no one can ban Bitcoin, highlighting its resilience in the financial space.
Wednesday, 04/12/2024 | 15:31 GMT by
Jared Kirui
BTC over USD: Will BRICS Adopt Putin's Ambitious Alternative Payment System?
- At the BRICS Summit 2024, there was discussion of blockchain and alternative payment systems.
- Earlier this month, the European Central Bank published a report hostile towards Bitcoin.
Friday, 25/10/2024 | 10:53 GMT by
Sam White
CySEC Extends Russia-Linked Otkritie Broker Director Ban Implementation by Six Months
- The decision to prohibit Otkritie Broker Ltd's sole director from exercising management duties was postponed.
- This marks the second six-month delay in implementing the ban announced by the regulator.
Wednesday, 02/10/2024 | 10:31 GMT by
Damian Chmiel
US Charges Two Russian Nationals in Money Laundering Scheme Involving Crypto Exchanges
- DOJ, in partnership with international partners, seized domain names connected to illegal crypto exchange operations.
- One individual is accused of laundering over $1.15 billion through crypto transactions.
Thursday, 26/09/2024 | 21:27 GMT by
Jared Kirui
Binance Serves Users Despite 2023 Exit, Sees 43% Decline in Russian Traffic
- The firm's Russian-language Telegram channel remains active, providing updates to 130,000 subscribers.
- It claims to have exited Russia; despite a drop, the country still accounts for 6% of its total website traffic.
Thursday, 26/09/2024 | 08:33 GMT by
Tareq Sikder
Russia Legalizes Cryptocurrency Mining in New Law Signed by Putin
- The legislation only allows registered Russian legal entities and individual entrepreneurs to engage in cryptocurrency mining.
- It also permits trading foreign digital financial assets on Russian blockchain platforms.
Thursday, 08/08/2024 | 20:00 GMT by
Jared Kirui
Moscow Exchange Pauses Dollar and Euro Trading Following Latest US Sanctions
- Russian central bank plans to use over-the-counter trading data for official exchange rates.
- The bank has urged individuals and companies to buy and sell USD and euros from local banks.
Wednesday, 12/06/2024 | 17:46 GMT by
Jared Kirui
CommEX Shuts Down Only 6 Months after Acquiring Binance's Russia Business
- The platform suspended services from March 20 and will complete the shutdown of website access by May 10.
- Operated by a Seychelles-registered firm, details regarding ownership and operations of CommEX remain limited.
Monday, 25/03/2024 | 11:36 GMT by
Tareq Sikder
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}