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Eastern Europe sees growth in crypto usage as institutional and grassroots adoption rise in Ukraine and Russia, fueled by large transactions and retail use amid regional instability. Crypto adoption is accelerating across Eastern Europe, led by robust institutional and grassroots…
News
Cryptocurrency mining will soon be banned in certain regions of Russia due to electricity shortages, per Deputy Energy Minister Evgeny Grabchak. Russia will soon prohibit Bitcoin (BTC) mining in several regions due to a critical electricity shortage, Russia’s state news…
BTC
News
The Bank for International Settlements is mulling ending a cross-border payments platform eyed by the Russian president as a tool to bypass U.S. sanctions. The Bank for International Settlements is reportedly debating the future of its mBridge cross-border payments project…
Feature
Will Bitcoin’s near-60% dominance surge translate into a breakout above $100K with the help of November’s market-shaping events, or will unexpected factors derail BTC’s upward journey? BTC dominance holds strong amid market shifts As autumn peaks, Bitcoin’s (BTC) market dominance—the…
BTC
Follow-up
Russia hosted the BRICS summit, where Vladimir Putin proposed a new financial system without the dollar. What is known about it? During the BRICS summit in Kazan, Russian President Vladimir Putin noted that the issue of creating a single currency…
USDT
News
Experts warn that the high investment required to join the digital ruble platform could be prohibitive for small Russian banks, as it exceeds their annual tech budgets by several times. The entry cost for Russian banks to join the Bank…
News
Turkey and Russia have both moved to ban the popular communication platform Discord, citing concerns over child abuse and other criminal activities. In Turkey, authorities blocked access to Discord after a court ruling linked the platform to incidents of child…
News
Russia has launched a criminal case against the founders of the anonymous payment system UAPS and Cryptex just days after OFAC imposed sanctions. Russian authorities have opened a criminal probe into the founders of the anonymous payment system UAPS and…
News
Sanctioned crypto mining firm BitRiver suggests Russia could soon outpace the U.S. in mining due to favorable regulations. As U.S. presidential candidates increasingly highlight the importance of blockchain and crypto mining leadership, sanctioned crypto mining firm BitRiver is optimistic about…
BTC
News
The Bank of Russia is planning to investigate cross-border crypto transfers by residents, focusing on banking channels to assess the volume of crypto-related operations. Russia‘s central bank will conduct an investigation into cross-border crypto transactions by residents in Q4 and…
News
Nearly 20% of Russians have used cryptocurrency, while 66% are aware of it but lack detailed knowledge, according to a new survey. Nearly one-fifth of Russians have used cryptocurrency, while more than 65% are aware of them but lack detailed…
News
A man in Komsomolsk-on-Amur, a city in Russia’s Far East, has been arrested on suspicion of high treason for allegedly sending cryptocurrency to Ukraine’s military forces. According to Russia’s Federal Security Service, the crypto was intended to aid Ukraine’s purchase…
News
The Russian government has formed a focus group to trial crypto payments for foreign trade, focusing on importers of goods with potential military applications. Russia has established a focus group under an experimental legal regime to explore the use of…
USDT
News
Blockchain analysts warn that the Russian government may use crypto exchanges like Garantex for sanctions evasion under the new legislation. The Russian government is likely to rely on domestic crypto exchanges like Garantex for sanctions evasion as it adapts to…
News
Sberbank, Russia’s largest lender, aims to begin offering digital ruble transactions to its customers in early 2025, according to a senior bank executive. Russia‘s banking giant Sberbank plans to start operations with the country’s central bank digital currency — also…
News
Ukrainian fraudsters posing as police officers have extorted $250,000 in USDT from a businessman through a scam involving fabricated criminal charges. Criminals impersonating police officers extorted $250,000 in stablecoin from a Ukrainian in a scam that involved threats of fabricated…
USDT
Follow-up
