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Mastercard Pulls Russian Banks from its Payment Network

Mastercard Pulls Russian Banks from its Payment Network

American payment services giant Mastercard has cut off Russian financial institutions from its payment network.

Ukraine Military Foundation Allies Solicits Donations in Crypto

Ukraine Military Foundation Allies Solicits Donations in Crypto

The “Return Alive” Foundation with close ties with the Ukrainian military is now soliciting funds in cryptocurrencies to support the army in these trying times.

U.S.-German Joint Operation Seizes $25m Worth of Bitcoin, Shuting Down Russian Darkened Marketplace Hydra

U.S.-German Joint Operation Seizes $25m Worth of Bitcoin, Shuting Down Russian Darkened Marketplace Hydra

Authorities said the Hydra darknet platform had millions of users, where malware, drugs, counterfeit products, stolen data, and digital assets were traded.

Binance Continues to Provide Services to Unrestricted Russians Despite EU Sanction

Binance Continues to Provide Services to Unrestricted Russians Despite EU Sanction

Binance exchange is still serving nonsanctioned Russian users according to one of its Executives

Russia Mulling Crypto for Cross-Border Payments

Russia Mulling Crypto for Cross-Border Payments

Russia is reportedly mulling the plans to allow cryptocurrencies for cross-border payments as on one of the survival measures explorable as the country continues to battle sanctions from the West for its invasion of Ukraine

Russia largest bank is moving forward with the plan

Russia largest bank is moving forward with the plan

Sberbank, Russia's biggest bank, will begin open DeFi platform testing in April 2023.

Russian Man Charged For Offering $1 Million in Bitcoin to United States Employee to Install Malware in Company’s Network

Russian Man Charged For Offering $1 Million in Bitcoin to United States Employee to Install Malware in Company’s Network

Russian citizen arrested and charged for trying to recruit an employee to plant malware on a company’s computer network in Nevada, US.

U.S. Requests Crypto Exchanges to Avoid Russian Running away from Sanctions

U.S. Requests Crypto Exchanges to Avoid Russian Running away from Sanctions

The U.S. is reportedly urging major crypto exchanges to make sure no Russian individuals or institutions escape from the sanctions by using cryptocurrencies.

Russia Won't Follow in the Footsteps of China's Total Ban on Crypto Transactions: Russian Deputy FM

Russia Won't Follow in the Footsteps of China's Total Ban on Crypto Transactions: Russian Deputy FM

The Russian government said it will not follow China's comprehensive ban on cryptocurrency and has no plans to prohibit investors from buying cryptocurrencies in the foreign exchange market.

Crypto Market Crashes after Putin Announcing Military Operations against Ukraine

Crypto Market Crashes after Putin Announcing Military Operations against Ukraine

The crypto market is full of bearish sentiment, right after Russia launched the latest military operation against Ukraine. Bitcoin has fallen over 8%, whereas Ethereum has plunged over 10%.

Bank of Russia to Debut Digital Ruble in April 2023

Bank of Russia to Debut Digital Ruble in April 2023

The Bank of Russia is planning a consumer pilot for the digital ruble and a gold-backed cryptocurrency.

Russian Banking Giant Sberbank to Tokenize Financial Assets Using Stablecoins

Russian Banking Giant Sberbank to Tokenize Financial Assets Using Stablecoins

Sberbank, Russia’s biggest bank, has disclosed the possibility of issuing tokens to be utilized in digital financial assets (DFA) settlements. The token will be in the form of a stablecoin to be pegged to the nation’s currency, the Russian ruble.

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