Russian residents are now the only eligible users of Binance P2P that can use the Russian ruble, but they are also not allowed to use other currencies.
Category: Russia
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OKX and ByBit remove sanctioned Russian banks from payments list
Tinkoff Bank and Sberbank are no longer available on the list of P2P transactions on ByBit and OKX.
Binance P2P removes sanctioned Russian banks from payments list
The crypto exchange removed its “yellow” and “green” codewords from its list of payment methods, which previously referred to sanctioned Russian banks.
Only 17% of Russians would agree to store more than $200 in CBDC
The most common hindrances cited include insufficient information about the technology (22%) and concerns about cyber theft and system failures (21%).
Binance dubs barred Russian banks on its platform as ‘Yellow’ and ‘Green’ cards
Despite the U.S. DOJ investigating Binance for violation of U.S. sanctions with its services in Russia, the firm has continued to promote its platform in the country.
Atomic Wallet faces lawsuit over $100M crypto hack losses: Report
Plaintiffs in a new class action suit against the hacked crypto wallet Atomic Wallet say the firm didn’t share any information about the hack with clients, and didn’t report it to the police.
Russia to begin CBDC trials with 13 banks
According to Olga Skorobogatova, First Deputy Governor of the Bank of Russia, initiating pilot operations using genuine digital rubles represents a pivotal phase within the project.
Bank of Russia presents digital ruble’s logo and commission fees
From 2025 B2B transactions will cost $0,16 each, while individual customers will pay 0.3% of the total transaction sum when transferring to commercial accounts.
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First major success in US Congress for two crypto bills: Law Decoded
In a 35–15 vote, the House Financial Services Committee approved the Financial Innovation and Technology for the 21st Century Act.
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Putin signs law on introduction of digital ruble in Russia
Russian citizens will not be forced to use the digital ruble, and use of the CBDC will be a voluntary choice for people to make, Bank of Russia governor said last week.
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