Crypto firm Exmo exits Russia and Belarus by selling part of its business
Russia-linked crypto exchange Exmo will no longer provide services to users from Russia, Belarus and Kazakhstan.
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Bill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments
Russia’s recently revised bill “On Digital Currency” limits crypto purchases for non-qualified investors while providing legal ground for some cryptocurrency payments, according to local media. The draft law, proposed by…
Github suspends accounts of Russian developers linked to sanctioned firms
Despite its promise to cater to the needs of individual developers, the latest wave of sanctions has forced the open-source platform to even block former employees of sanctioned firms.
Tornado Cash says it’s using Chainalysis oracles to block access from OFAC sanctioned addresses
Many DeFi exploits in the past have been linked to the popular crypto-mixing protocol.
OFAC Update Claims Ronin Hack Is Tethered to North Korea’s Hacker Syndicate Lazarus Group
According to the U.S. Treasury and the Office of Foreign Assets Control (OFAC), the recent Ronin bridge hack may have been tied to the North Korean hacker syndicate called Lazarus…
Russian Chamber of Commerce Suggests Using Cryptocurrencies in Settlements With Africa
Employing crypto in cross-border payments is one of the proposals put forward by the Russian Chamber Of Commerce lobbying for more cooperation with African countries. Amid unprecedented sanctions limiting Russia’s…
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,…
Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists
The spread of cryptocurrencies brings significant risks for Russia’s economy, financial stability, and national fiat, the monetary authority in Moscow has reiterated. The central bank has reaffirmed its hardline stance…
Law Decoded: Crypto risks, imaginary and real, and creative ways of addressing them, April 4–11
The Treasury admits there’s not much crypto-aided sanctions evasion going on, stablecoins attract regulatory attention, and a fourth futures-based BTC ETF secures approval.
Monero defies crypto market slump with 10% XMR price rally — what’s next?
XMR price cup-and-handle pattern fetches a bold $10,000 price prediction for 2023.
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