February 26, 2020 Presumed Guilty: Financial Watchdogs See Crypto as Illicit by Default In implementing new Anti-Money Laundering policies, many countries automatically treat crypto transactions as high-risk. Recently, financial regulators around the world have been growing concerned about the role of cryptocurrency in money laundering and financing of various illicit activities.…
February 25, 2020 Token Trading Platform From Russia’s Richest Man Enters Testing Phase Russian billionaire Vladimir Potanin is one step further with his blockchain-based trading platform for industrial assets and commodities. Russia’s richest man, Vladimir Potanin, is making steady headway with his blockchain-based trading platform for industrial assets and commodities.The…
February 17, 2020 Russian Central Bank Links Crypto Transactions With Money Laundering Russia is updating its manual for detecting money laundering risks, simplifying it while adding a broad categorization of cryptocurrency exchange transactions as high risk. The Central Bank of Russia (CBR) published a new set of rules for suspicious transactions, Russian finance publication RBC reported on Feb.…
February 17, 2020 Legal Framework for Tokenization Submitted to Russia’s Crypto Bill The Central Bank of Russia is moving forward with a proposal to integrate appropriate tokenization regulations in Russia’s troubled digital financial assets bill project. A successful tokenization trial could lead to big changes in Russia’s proposed cryptocurrency legislation.The…
February 14, 2020 Russia Leads Multinational Stablecoin Initiative Russia is taking the lead in issuing a multinational stablecoin backed by commodities with the Eurasian Economic Union, or EAEU, and BRICS countries. Russian President Vladimir Putin is the most influential person in the blockchain industry, according to Changpeng Zhao, the CEO of major cryptocurrency exchange Binance, which added five trading pairs: Binance Coin (BNB), Bitcoin (BTC), Ether (ETH) and XRP at the beginning of December, as well as adding Tether (USDT) later the same month against the Russian ruble.Putin…
February 13, 2020 Poloniex Platform Masters Russian Language After Leaving US Market Poloniex introduces “partially localized” version of Poloniex for Russian speaking users on its platform. Russia is apparently becoming a more attractive market for cryptocurrency firms as another major crypto platform is adding Russian language support.Poloniex,…
February 11, 2020 Binance Adds Russian Ruble Support on Peer-to-Peer Platform Following the launch of Russian ruble trading pairs and instant credit card purchases, Binance now allows ruble purchases on its P2P platform. Binance has further expanded its services for Russia’s fiat currency.The…
February 7, 2020 Alexander Vinnik Claims Injustice While Now Fighting Charges in France The case against suspected Bitcoin money launderer Alexander Vinnik enters a new phase, Cointelegraph reaches out to Vinnik’s lawyers. After spending 30 months in detention, Greek authorities have finally extradited the Russian national and alleged Bitcoin (BTC) money launderer Alexander Vinnik to France.…
February 5, 2020 Binance Adds Support for Instant Crypto Purchases With Russian Ruble Crypto exchange Binance has enabled instant purchases of four major digital currencies with the Russian ruble. Binance, the second-largest crypto exchange by daily trading volume, has enabled instant purchases of four major digital currencies with the Russian ruble.The…
January 27, 2020 Russian State-Run Tech Firm to Decrease Spending on Blockchain by 50% Russian government-backed corporation Rostec intends to cut spending on the development of blockchain in the country by at least 50%. Russian government-backed corporation Rostec intends to cut spendings on the blockchain development in the country by at least 50%.According…
January 26, 2020 Financial Institutions Use Stablecoins to Shake Things Up in 2020 There is more talk about stablecoins in the crypto universe and big-time financial institutions, govs and startups are launching their own digital assets.…
January 23, 2020 Greece Extradites Alleged Launderer of $4B BTC Alexander Vinnik to France Greece’s Council of State ruled to extradite former operator of now-shuttered crypto exchange BTC-e Alexander Vinnik to France, against the wishes of Russia. Greece’s Council of State ruled for the extradition to France of former operator of now-shuttered crypto exchange BTC-e and Russian national Alexander Vinnik.English-language…
