Russian users are seeking solutions to access the crypto markets. Global crypto exchanges are mainly prevented from providing their services in the country.
ECB President Christine Lagarde casts doubt on a digital euro by 2027 — as China silently removes the 'pilot version' markings from its e-CNY application
ECB President Christine Lagarde casts doubt on a digital euro by 2027 — as China silently removes the 'pilot version' markings from its e-CNY application
Russian users are seeking solutions to access the crypto markets. Global crypto exchanges are mainly prevented from providing their services in the country.
As relations between the Russia and North Korean governments continue to cosy up, a Chainalysis investigation has found that since 2021, Russian crypto exchanges have been laundering stolen crypto used to fund the DPRK nuclear arms program.
In addition to its other compliance-based troubles, Binance is also under investigation in connection with possible violations of the U.S. sanctions on Russia. Local observers report on interesting ways the exchange circumvents the restrictions.
The recent fine-tuning amendments to Russia's digital ruble legislation indicate an ever-closer launch of the country's Central Bank Digital Currency (CBDC)
The Central Bank of Russian Federation has been developing the country's first central bank digital currency – the Digital Ruble for several years. There have been announcements by authorities that it might be launched soon.
