Top Russian Lawmaker Joins Calls for Legalizing International Crypto Payments

A high-ranking member of the Russian parliament has urged for the adoption of a relevant legal framework to properly regulate cross-border crypto payments. His proposal comes after key regulators in Moscow said that Russia needs to allow the use of cryptocurrencies in foreign trade, now that it’s having to deal with serious financial restrictions. Financial … Read more

Russia Explores Stablecoins for Settlements With Friendly Nations

Russia is cooperating with friendly countries on the potential employment of stablecoins in international payments, a top government official unveiled. The news comes after key institutions in Moscow agreed that the Russian Federation needs to legalize cross-border crypto payments in the face of sanctions. Russia Looking to Build Stablecoin Platforms to Facilitate Trade With Partners … Read more

Lawyer of Alleged Crypto Launderer Vinnik Calls on Russia to Talk Prisoner Swap With US

A lawyer representing Russian IT specialist Alexander Vinnik has urged the government in Moscow to discuss a potential exchange of prisoners with the United States, where he was recently extradited. The French legal expert is convinced only a return to his homeland could save Vinnik who has deteriorating health after solitary confinement in France and … Read more

Russia Can’t Do Without Cross-Border Crypto Payments, Consensus Reached

Key government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining support in the past few months since Moscow’s decision to invade Ukraine was met with wave after wave of Western sanctions. Financial Authorities in Russia Consider Legalizing International Cryptocurrency Payments In the current conditions, “it … Read more

Bitcoin Price Inches Closer to $20k, Ethereum Pumps 6% as Global Crypto Market Surpasses $1 Trillion

Cryptocurrency markets are bullish this Tuesday as Bitcoin price inches closer to $20k after trading sideways this Labor Day. BTC is currently trading at $19,923 and up 0.95% in the past 24 hours. Ethereum is up over 6.56% today, surpassing the $200 billion market cap and trading at $1,673. Solana is another top-performing crypto asset … Read more

Crypto Market Update: Sideways Trading Continues as Bitcoin Price Hovers Around $19k, Ethereum Attempt to Push to $1,600

Cryptocurrency markets continue their sideways trading patterns with little change in Bitcoin’s price, while Ethereum manages to hold in the high $1,500s. The global cryptocurrency market cap remains below $1 trillion, suggesting that the bears are still in control. European stock markets show volatility as news of Russia halting its energy supply to Europe spreads. … Read more

Russian Arrested for Defrauding Buyers of Mining Hardware Worth Over $300,000

Police in the southern Russian city of Astrakhan have detained a man accused of defrauding people who wanted to purchase crypto miners. Law enforcement officials say the suspect made millions of rubles through fictitious sales of mining devices to Russian citizens and foreigners. Investigators Claim Russian Made Money Selling Nonexistent Crypto Mining Rigs A resident … Read more

Poloniex, Bittrex Want Kyle Roche’s Law Firm Removed From Class-Action Against the Exchanges

Following the controversy surrounding Kyle Roche, the attorney and founding partner of the litigation firm Roche Freedman LLP, the two crypto exchange firms Bittrex and Poloniex want the law firm removed from the class-action lawsuit against them. Similar to the attorney representing Tether, the lawyers representing Bittrex and Poloniex argue that “Mr. Roche’s recent statements … Read more

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