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Tag: Russian banks

OFAC Slaps Sanctions on 13 Entities and 2 Individuals Linked to Russia

The Office of Foreign Assets Control (OFAC) has escalated its enforcement efforts by tightening its grip on individuals and entities operating within the financial...

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Russia Postpones CBDC Launch: Banks Willing to Start Experiment

Russia has postponed the launch of its pilot project with the digital ruble to early May. The decision is to launch the digital ruble...

Huobi and KuCoin serve customers of sanctioned Russian banks: Politco

Ad Crypto exchanges Huobi and KuCoin continue to provide services to users of sanctioned Russian banks, according to a report from Politico on Feb....

Bitcoin Price Soars 11%, Here Are The Reasons

The Bitcoin bulls are back for good. The BTC price has risen by about 11% in the last 24 hours. At one point, Bitcoin...

Russia’s Largest Private Bank Launches Digital Asset Platform

Alfa-Bank, one of the major Russian banking institutions, has established its own platform for digital financial assets. The launch became possible after Russia’s...

Banks in Russia to Lose $700 Million a Year Due to Digital Ruble, Experts Say

Russian banks may be the main losers from the introduction of a digital ruble while retailers will save on acquiring fees, analysts have...

Ukraine’s Financial Watchdog Reports Blocking Russian Crypto Exchanges

The financial monitoring agency of Ukraine has restricted access to a number of online crypto exchangers operating out of Russia. Some of the...

Nexo Office in Bulgaria Reportedly Raided Over Financial Violations

34 mins ago | 2 mins read Exchange News As a result of the raid, NEXO has resorted to Twitter to...

Bill on Digital Ruble Submitted to Russian Parliament – Finance Bitcoin News

A draft legislation dedicated to the digital ruble has been filed with the State Duma, the decrease home of Russian parliament. The laws introduces...

Bill on Digital Ruble Submitted to Russian Parliament

A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation...

As Financial Surveillance Intensified In 2022, Bitcoin Is Needed By Individuals And Nations Alike

This is an opinion editorial by Kudzai Kutukwa, a financial inclusion advocate who was recognized by Fast Company magazine as one of South Africa’s...

Russia Close To Legalizing International Trade In Bitcoin, Crypto: Head Of Finance Committee

Russia’s Congressional finance committee chairman, Anatoly Aksakov, said the country is moving to greenlight international trade in cryptocurrency within the next month, according to...

New EU sanctions target Russian military-industrial complex

BRUSSELS (AP) — The European Union said Friday its latest round of sanctions will hit Russia’s military-industrial complex, as well as people and groups...

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