IRS, Chainalysis Helping Ukraine Track Russians Using Crypto to Evade Sanctions – Bitcoin News

The U.S. Internal Revenue Service (IRS) said it’s working closely with Ukraine to help it trace crypto transactions of Russian sanctions evaders. The agency is …

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Digital Assets for 1 Billion Rubles Issued in Russia in a Month – Bitcoin News

Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume …

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Binance Reportedly Investigated in US for Russia Sanctions Violations – Exchanges Bitcoin News

Cryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report. The inquiry is looking into …

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Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say – Finance Bitcoin News

Bank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may break the 2021 record. This year’s high …

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‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister Says – Finance Bitcoin News

Cryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian authorities intend …

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Binance Reportedly Removes Restrictions on Russian Users – Exchanges Bitcoin News

The world’s largest crypto exchange, Binance, has lifted certain restrictions on Russian users, local crypto media unveiled. According to multiple reports, Russians can once again …

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Dollar Dominance Fading Amid Growing China Trade, Russia Sanctions Risks, Ray Dalio Says – Economics Bitcoin News

Fewer nations are willing to hold the U.S. dollar as America’s share in the global economy becomes smaller while China’s role in international trade expands, …

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Credit Suisse, UBS, Other Banks Facing Russia Sanctions Probe in US, Report – Bitcoin News

Switzerland’s troubled Credit Suisse and its rescuer, USB, are subject to an investigation into whether bankers helped Russian oligarchs evade Western sanctions, according to a …

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Blockchain to Become More Relevant in Payments This Year, Sberbank Exec Says – Blockchain Bitcoin News

Blockchain technology can help solve current issues with settlements, according to the deputy chief executive of Sberbank. Russia’s largest bank is working with other financial …

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Moscow City Crypto Exchanges Ready to Send Cash to London, Report – Exchanges Bitcoin News

An investigation into digital asset exchanges in the Russian capital has established that some of them are ready to buy digital coins and deliver paper …

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