Auto Added by WPeMatico

Russia’s Financial Watchdog Investigates 400 Crypto-Related Cases, Director Tells Putin

Rosfinmonitoring is conducting hundreds of investigations into cases involving cryptocurrencies, the head of the agency announced. Hundreds of thousands of Russians take part in crypto deals abroad, the top regulator…

Continue ReadingRussia’s Financial Watchdog Investigates 400 Crypto-Related Cases, Director Tells Putin

Coinbase Warns Some Russian Users Their Accounts May Be Blocked, Report Reveals

Leading U.S. crypto exchange Coinbase has reportedly notified certain Russian customers that their accounts may be blocked at the end of this month. According to Russian media, the trading platform…

Continue ReadingCoinbase Warns Some Russian Users Their Accounts May Be Blocked, Report Reveals

Binance Limits Services to Russian Users to Comply With EU Sanctions

Following the latest round of EU restrictions against Russia, digital asset exchange Binance is limiting services to Russian clients. The company pledged to lead the industry in implementing the sanctions…

Continue ReadingBinance Limits Services to Russian Users to Comply With EU Sanctions

Crypto Exchange With Belarusian Roots Halts Operations for Russian Users

Currency.com, a crypto exchange founded and initially licensed in Belarus, has suspended operations for Russian clients. The restrictive measure comes in response to Russia’s assault on Ukraine, the platform said,…

Continue ReadingCrypto Exchange With Belarusian Roots Halts Operations for Russian Users

Young Russians View Crypto as Safe Investment Amid Economic Uncertainty, Poll Finds

As western sanctions increase the pressure on their country’s economy, many young Russians consider cryptocurrency to be a “reliable and profitable” investment option. According to a recent study, the share…

Continue ReadingYoung Russians View Crypto as Safe Investment Amid Economic Uncertainty, Poll Finds

Crypto Exchange Kraken Pledges Over $10 Million to Support Ukrainian Users

Kraken is planning to hand out more than $10 million in aid for clients affected by the military conflict in Ukraine. The amount covers the fees paid by Ukrainian residents…

Continue ReadingCrypto Exchange Kraken Pledges Over $10 Million to Support Ukrainian Users

Thailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat Sanctions

A popular destination for many Russians, Thailand is now looking for ways to facilitate their payments amid widening western sanctions over Moscow’s military invasion of Ukraine. Cryptocurrency is one of…

Continue ReadingThailand Seeks to Offer Russian Tourists Crypto Payment Option Amid Fiat Sanctions

Russians Own $215 Billion in Crypto Suggests Estimate Attributed to Government

Russians may own more cryptocurrency than previously thought, a new estimate reportedly used by the government has indicated. The quoted figure amounts to over a tenth of the global holdings…

Continue ReadingRussians Own $215 Billion in Crypto Suggests Estimate Attributed to Government

Russians Aware of Bitcoin Divided on Proposed Crypto Ban, Poll Finds

A new survey has indicated that Russians who have heard about cryptocurrency are deeply divided in their opinions on the recently suggested ban on operations with digital assets. A third…

Continue ReadingRussians Aware of Bitcoin Divided on Proposed Crypto Ban, Poll Finds

Bank of Russia Wants to Restrict Crypto Investments by Blocking Card Payments, Report Reveals

The Central Bank of Russia is currently reviewing various ways to prevent Russians from investing in cryptocurrency. One the options on the table is to block card payments to certain…

Continue ReadingBank of Russia Wants to Restrict Crypto Investments by Blocking Card Payments, Report Reveals