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Russia banks get the green light for crypto, but with a twist

Russia’s Central Bank just dropped a crypto breadcrumb at the Finopolis forum, announcing that banks can now play with cryptocurrency, but only if they...

EU targets Russia’s ruble-backed stablecoin A7A5

The European Union, decked out in bureaucratic armor, taking aim at Russia’s prized crypto darling, a ruble-backed stablecoin named A7A5. That’s actually the biggest...

EU Targets A7A5 With Tough Sanctions Draft

The European Union is weighing EU sanctions on A7A5, a ruble backed stablecoin. Draft measures would bar EU persons from dealing with A7A5 directly...

Russia is building its own crypto ortress

Russia is cooking up its own secret sauce for cryptocurrency, aiming to build a so-called sovereign crypto infrastructure that promises to shake things up...

US Targets $7.1M in Crypto From Oil and Gas Investment Scam

Federal prosecutors in Seattle filed a civil action to seize $7.1 million in cryptocurrency. The crypto was tied to an oil and gas investment...

Russian Bitcoin mining sector is getting a legal update

Russia’s getting serious about its Bitcoin mining sector, and it ain’t just for show. The big wigs over at the Ministry of Energy, Digital...

US Hits North Korean IT Workers With Sanctions Over Crypto Theft

The US Treasury sanctioned two individuals and four companies on July 9 for operating a North Korea-backed remote work infiltration scheme. The Treasury’s Office...

Russia’s Rostec rolls out RUBx, a ruble-backed stablecoin on TRON

Russia’s defense and tech giant, Rostec, is stepping into the crypto ring with a new player. Meet RUBx, a stablecoin pegged one-to-one with the...

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