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” Russian central bank signals agreement with crypto law revisions: Report “ First deputy governor of the Russian central bank Ksenia Yudayeva stated Tuesday that the bank is open to using cryptocurrency for international payments, Reuters reported, along with Russian media, which added that the bank was reconsidering its position on crypto mining as well….
” Amid sanctions, Russia weighs crypto for international payments: Report “ The Russian Federation is reportedly considering accepting cryptocurrencies for international payments in response to Western sanctions against the country that were prompted by its full-scale invasion of Ukraine earlier this year. The Moscow-based Interfax news agency and Reuters reported Friday that Ivan Chebeskov, who…
“UK government approves sale of Chelsea by sanctioned Roman Abramovich” LONDON — Roman Abramovich’s 19 years as Chelsea owner is closer to ending after the British government approved the sale of the Premier League club by the sanctioned Russian oligarch to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly. The government had to…
” US federal judge approves of Justice Dept criminal complaint on using crypto to evade sanctions “ The United States Department of Justice may move forward on a criminal prosecution case against a U.S. citizen who allegedly violated sanctions through cryptocurrency. According to a Friday opinion filing in U.S. District Court for the District of…
” For the crypto industry, supporting sanctions is an opportunity to rebrand “ One of the first punitive measures leveled against Russia in response to the military invasion of Ukraine was the implementation of economic sanctions aimed at isolating the country from the international financial system. On March 12, Russian banks lost access to the…
” The Ukraine invasion shows why we need crypto regulation “ Shortly after the Russian invasion of Ukraine began, the Ukrainian government tweeted a request for funds in the form of Bitcoin (BTC), Ether (ETH) and Tether (USDT). The total received now stands at more than $60 million, according to Michael Chobanian, founder of Kyiv-based…
“Fiji seizes Russian oligarch’s $325M yacht at US’ request” Fiji’s government seized a massive $325 million yacht owned by a Russian oligarch at the request of the United States, the Department of Justice announced Thursday. The 348-Amadea, owned by Suleiman Kerimov, an alleged money launderer sanctioned by the US in 2018 as one of several…
” Binance blocks crypto accounts of relatives tied to the Russian government “ Binance cryptocurrency exchange is adopting more measures to prevent the Russian government from mitigating the impact of sanctions through the use of crypto. Binance has shut down several accounts tied to relatives of senior Kremlin officials over the past two months since…
” Cuban central bank makes it official: VASP licensing coming in May “ In a move that could potentially foster the growth of Cuba’s nascent tech industry, the Banco Central de Cuba (BCC), the country’s central bank, will begin issuing licenses for Bitcoin (BTC) and other virtual asset services providers (VASPs). According to the Official…
” Two more charged with teaching North Koreans to evade US sanctions with crypto “ Two European citizens have been charged by a United States district court in connection to a blockchain and cryptocurrency conference in North Korea which violated U.S. sanctions back in 2019. According to the U.S. Department of Justice, the court documents…