North Korean Hackers Tapping Russian Crypto Exchanges To Funnel Illicit Digital Assets, According to Chainalysis – The Daily Hodl

A market intelligence firm says that hackers from North Korea are using Russian crypto exchanges known to launder money to move stolen digital assets. In …

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Tax Authority Slated to Become Main Crypto Regulator in Russia

Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official has indicated. According to the …

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Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says – Regulation Bitcoin News

Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian …

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Russia May Take Up 18% of Bitcoin Hashrate in Next Big Migration of Crypto Miners, Experts Say – Mining Bitcoin News

Increasing regulatory pressures, tax burden and energy costs in countries like the U.S. and Kazakhstan are likely to result in a new great migration of …

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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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Push to Use National Currencies in SCO Cannot Be Stopped, Russia’s Lavrov Says – Finance Bitcoin News

Efforts to transition to trade in national currencies in the Shanghai Cooperation Organization (SCO) can no longer be stopped, according to Russian Foreign Minister Sergey …

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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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No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again – Finance Bitcoin News

Bank of Russia decided to maintain the interest rate at 7.5% amid moderate inflation, estimated at 2.5% on an annual basis in April, although this …

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