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The institution has asked the government to allow digital financial assets to be issued on open networks like Ethereum, opening national businesses to international investments. Central Bank of Russia governor…
Elvira Nabiullina, the head of the Central Bank of Russia, has declared that first-wave banks were finalizing their preparations to support the digital ruble on day one. She also clarified…
A new Elliptic investigation identifies five major cryptocurrency platforms enabling Russian entities to bypass international sanctions through sophisticated wallet obfuscation and shared infrastructure. Blockchain analytics firm Elliptic released a report…
The rumors of discussions on Russia’s return to the dollar system sparked speculation about the strength of the financial alternatives deployed to bypass sanctions. While the central bank denies being…
The European Union is weighing a blanket ban on all cryptocurrency transactions with Russia, arguing it would be more effective than targeting individual platforms used to bypass sanctions. Shift Toward…
Sberbank, Russia’s largest bank, stated that it was preparing to roll out a program of crypto-backed loans for corporate customers. The institution stressed that it was currently finalizing the infrastructure…
BitRiver, Russia’s largest Bitcoin miner, is on the verge of collapse amid mounting financial and legal problems. Courts have placed its parent company, Fox Group of Companies, under observation as…
Illicit cryptocurrency activity rebounded sharply in 2025, driven primarily by Russia-linked sanctions designations and improved attribution. A new report by TRM Labs estimates that fraudulent wallets received approximately $158 billion…
WhiteBIT, a cryptocurrency exchange recently labeled an “undesirable organization” by Russia, said it lost 30% of its customer base after blocking Russian and Belarusian users in 2022. A Badge of…
Russia has designated Ukrainian crypto exchange WhiteBIT as an “undesirable organization,” banning its operations and criminalizing any association within the country. Allegations of Financing the Ukrainian Military The Russian Prosecutor…