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Russian Authorities Arrest Suspects Over Crypto Investor Couple’s UAE Murder

Russian police arrest multiple suspects accused of kidnapping and killing a St. Petersburg crypto investor and his wife in the UAE. Russia’s Interior Ministry announces arrests across several regions on…

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Digital Ruble Push: Bank of Russia Reinforces That Crypto Can’t Be Used for Domestic Payments

While Russia prepares for a nationwide launch of the digital ruble, the Russian CBDC, it has also rejected crypto for domestic payments. Elvira Nabiullina, governor of the Bank of Russia,…

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Russia Advances Crypto Use in Foreign Trade Amid Sanctions and Dollar Diversification Push

Russia is turbocharging its push to legalize cryptocurrency in foreign trade, signaling a massive shift in global finance as it aims to outmaneuver sanctions, enhance cross-border payment systems, and unlock…

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Finance Ministry: 20 Million Russians Hold Cryptocurrency, Bitcoin Still Preferred

Ivan Chebeskov, Deputy Finance Minister of Russia, estimated that around 20 million citizens used cryptocurrency for different purposes. Even with the various options available, Bitcoin was the most widely used…

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EU Considers Sanctions on Ruble-Backed Stablecoin A7A5 Linked to Sanctioned Russian Actors

The European Union is reportedly considering sanctions targeting A7A5, a ruble-backed stablecoin tied to sanctioned Russian actors. According to documents reviewed by Bloomberg, the proposed measures would bar EU-based entities…

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