Auto Added by WPeMatico

2 Foreign Nationals Plead Guilty in Lockbit Ransomware Case

Two foreign nationals pleaded guilty in Newark federal court regarding their participation in the Lockbit ransomware organization, the U.S. Department of Justice (DOJ) revealed on Thursday. Russian citizen Ruslan Magomedovich…

Continue Reading2 Foreign Nationals Plead Guilty in Lockbit Ransomware Case

Putin Calls to ‘Seize the Moment’ to Kickstart Digital Ruble and Crypto Adoption In Russia

President Vladimir Putin declared it was time for Russia to create the environment needed to increase the adoption of digital assets and the Russian CBDC, the digital ruble, as part…

Continue ReadingPutin Calls to ‘Seize the Moment’ to Kickstart Digital Ruble and Crypto Adoption In Russia

Potential Ban on Cryptocurrency Mining in Certain Regions Disrupts Regulatory Efforts in Russia

The potential for a ban on cryptocurrency mining in regions classified as ‘energy deficient’ has hindered the ability to reach a consensus on the approval of cryptocurrency mining regulations in…

Continue ReadingPotential Ban on Cryptocurrency Mining in Certain Regions Disrupts Regulatory Efforts in Russia

Russia Considers Allowing Digital Currency Trading on the Country’s Largest Exchanges

The Russian Ministry of Finance has proposed permitting digital currency trading for a select group of qualified investors on licensed exchanges like the Moscow Exchange and St. Petersburg Exchange. Anatoly…

Continue ReadingRussia Considers Allowing Digital Currency Trading on the Country’s Largest Exchanges

US Treasury ‘Very Attentive’ to Russia’s Use of Cryptocurrency, Yellen Says

U.S. Treasury Secretary Janet Yellen has addressed concerns about Russia using cryptocurrency to evade sanctions. During her testimony before the House Financial Services Committee, Yellen acknowledged the potential threat, noting…

Continue ReadingUS Treasury ‘Very Attentive’ to Russia’s Use of Cryptocurrency, Yellen Says

Iran and Russia Sign Academic Cooperation Agreement to Dedollarize Economies

Iran and Russia have taken a significant step towards economic cooperation by involving their academic institutions in efforts to dedollarize their economies. The presidents of Iran’s Imam Hossein University and…

Continue ReadingIran and Russia Sign Academic Cooperation Agreement to Dedollarize Economies

Putin on Dedollarization: 80% of Russia-China Trade in Rubles and Yuan

Russian President Vladimir Putin highlights economic integration and dedollarization at the Shanghai Cooperation Organisation (SCO) Heads of State Council meeting, chaired by Indian Prime Minister Narendra Modi. “We are making…

Continue ReadingPutin on Dedollarization: 80% of Russia-China Trade in Rubles and Yuan