Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator Claims

Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator ClaimsAuthorities in Belarus have mastered the seizure of cryptocurrencies, the head of the country’s Investigative Committee revealed in a recent interview. The high-ranking law enforcement official claims the state has already confiscated crypto assets worth millions of dollars. Companies Allegedly Help Belarus Government With Crypto Seizure Belarus had to deal with the challenge of how […]

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Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus

Leading Eastern European Exchange Exmo Sells Business in Russia, BelarusExmo, a U.K.-based crypto exchange with extensive presence in Eastern Europe, is pulling out of Russia, Belarus and Kazakhstan. The trading platform, Exmo.com, says it’s making the move to avoid jeopardizing its expansion in other regions by operating in high-risk markets like these. The business has been sold to a Russian vendor, alongside rights to […]

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Belarus Adopts Legal Procedure for Seizure of Illicit Cryptocurrency

Belarus Adopts Legal Procedure for Seizure of Illicit CryptocurrencyImplementing a recently signed presidential decree, the government of Belarus has introduced a procedure allowing the state to seize digital currency holdings. The move will grant law enforcement authorities in Minsk powers to seize crypto assets linked to illegal activities. Justice Ministry Regulates Confiscation of Digital Coins in Belarus The Ministry of Justice of Belarus […]

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Crypto Exchange With Belarusian Roots Halts Operations for Russian Users

Crypto Exchange With Belarusian Roots Halts Operations for Russian UsersCurrency.com, a crypto exchange founded and initially licensed in Belarus, has suspended operations for Russian clients. The restrictive measure comes in response to Russia’s assault on Ukraine, the platform said, noting that customers in other jurisdictions will not be affected. Currency.com Exchange Denounces ‘Terrible War’ in Ukraine, Denies Services to Russian Traders Crypto trading platform […]

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Western Union Suspends Operations in Russia, Belarus Over Ukraine War

Western Union Suspends Operations in Russia, Belarus Over Ukraine WarRemittance giant Western Union has joined other financial services companies supporting sanctions in response to Russia’s invasion of Ukraine. The decision will affect customers in the Russian Federation as well as those in Belarus, an ally of Moscow, backing its military operation. Western Union Condemns Invasion of Ukraine, Halts Services in Russia and Belarus Money […]

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EU Targets Crypto Assets in Widened Sanctions Against Russia, Belarus

EU Targets Crypto Assets in Widened Sanctions Against Russia, BelarusThe European Union is extending the scope of sanctions introduced in response to Russia’s invasion of Ukraine, with the latest agreement between member states specifically mentioning crypto assets. Russian oligarchs, senators and Belarusian banks have been targeted. Europe’s Sanctions Classify Crypto Assets as Securities to Close Loopholes for Russia On Wednesday, the European Commission welcomed […]

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