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Elliptic Report Highlights Key Crypto Exchanges Facilitating Russian Sanctions Evasion

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A new Elliptic investigation identifies five major cryptocurrency platforms enabling Russian entities to bypass international sanctions through sophisticated wallet obfuscation and shared infrastructure. Blockchain analytics firm Elliptic released a report detailing how exchanges including Bitpapa, ABCeX, Exmo, Rapira, and Aifory Pro serve as critical pipelines for Russian capital flight. These services allow for the conversion … Read more

Russia’s Return to the Dollar: A Non-Existing Dilemma

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The rumors of discussions on Russia’s return to the dollar system sparked speculation about the strength of the financial alternatives deployed to bypass sanctions. While the central bank denies being involved in such talks, the Kremlin clarified that Russia never left the dollar: it was excluded. Russia Denies Taking Part in Discussions About Using the … Read more

EU Weighs Blanket Ban on Crypto Transactions With Russia

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The European Union is weighing a blanket ban on all cryptocurrency transactions with Russia, arguing it would be more effective than targeting individual platforms used to bypass sanctions. Shift Toward a Comprehensive Crypto Ban The European Union (EU) is considering a sweeping ban on all cryptocurrency transactions with Russia as part of new sanctions designed … Read more

Russia’s Sberbank to Start Issuing Loans Backed by Crypto Collateral

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Sberbank, Russia’s largest bank, stated that it was preparing to roll out a program of crypto-backed loans for corporate customers. The institution stressed that it was currently finalizing the infrastructure needed to scale up the rollout of these financial products. Sberbank Prepares To Scale Issuance Of Crypto-backed Loans Russian banks are prepared to take a … Read more

WhiteBIT Dismisses Russian Ban, Citing 2022 Market Exit and 8x Global Growth

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WhiteBIT, a cryptocurrency exchange recently labeled an “undesirable organization” by Russia, said it lost 30% of its customer base after blocking Russian and Belarusian users in 2022. A Badge of Honor WhiteBIT, the cryptocurrency exchange recently designated an “undesirable organization” by the Russian Prosecutor General’s Office, has characterized the label as the “strongest confirmation” of … Read more

Report: Russia Designates Ukrainian Crypto Exchange as ‘Undesirable’ Organization

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Russia has designated Ukrainian crypto exchange WhiteBIT as an “undesirable organization,” banning its operations and criminalizing any association within the country. Allegations of Financing the Ukrainian Military The Russian Prosecutor General’s Office has reportedly designated the Ukrainian cryptocurrency exchange WhiteBIT as an “undesirable organization,” effectively outlawing its operations on Russian soil and criminalizing any association … Read more

TRM Reports Record $158 Billion Illicit Crypto Flows in 2025

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TRM’s 2026 Crypto Crime Report shows illicit crypto volume hit a record $158 billion in 2025, reversing a multi‑year decline. On January 10, TRM released key insights from its upcoming 2026 Crypto Crime Report, revealing that illicit cryptocurrency inflows reached an all‑time high of $158 billion in 2025, a 145% increase from the previous year. The … Read more

Central Bank of Rusia Highlights Digital Ruble’s Payments Potential

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According to Alla Bakina, Director of the Central Bank’s National Payment System Department, the upcoming implementation of the digital Ruble presents opportunities in the payments arena. The bank estimates that it could reach 5% of the total payments in 7 years. Central Bank Of Russia Talks Ruble Potential In Form Payments And Cross-Border Settlements The … Read more

Sberbank Issues First Crypto Backed Loan in Russia

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Local media reports indicate that Sberbank, Russia’s largest banking institution, issued a loan to a local miner using cryptocurrency as collateral. While the transaction is just a pilot, it represents a first for the company and the country, marking an expansion in the use of these assets. Sberbank Registers First Loan Using Cryptocurrency as Collateral … Read more

Bank of Russia Proposes New Crypto‑Market Regulation Framework

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The Russian central bank releases a concept allowing qualified and non‑qualified investors to buy crypto assets under differentiated rules. The Bank of Russia announced a draft regulatory concept for the Russian cryptocurrency market, which it has submitted to the government for legislative review. The proposal permits both qualified and non‑qualified investors to purchase crypto assets, … Read more

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