Elliptic Identifies ‘Several Hundred Thousand Crypto Addresses’ Tied to Russia-Based Sanctioned Actors

As the Russia-Ukraine conflict continues, blockchain surveillance companies have discussed and implemented ways to combat sanctioned countries from using digital assets. Last week, Chainalysis revealed screening tools for crypto firms that aim to comply with international sanctions. On Monday, the CEO of Elliptic published a blog post describing the company’s work to combat sanction evasion. […]

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Data Shows Ruble-Denominated Crypto Trading Has Spiked, RUB Represents Over 2% of USDT Trades

Data Shows Ruble-Denominated Crypto Trading Has Spiked, RUB Represents Over 2% of USDT TradesAccording to reports and data stemming from ruble-denominated crypto trading pairs, Russian citizens are flocking toward cryptocurrencies amid the conflict in Ukraine. Analytical data indicates that the ruble is the sixth most traded pair with tether and tether’s fourth most traded fiat-denominated pair globally excluding two crypto assets. Report Highlights Russian Rubles Pouring Into Tether, […]

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Coinbase ‘Will Not Institute a Blanket Ban’ on All Transactions Tied to Russian Crypto Addresses

The popular cryptocurrency exchange Coinbase has addressed the request from Ukrainian officials to freeze the accounts of all Russian users. A Coinbase spokesperson noted that the digital currency platform would not “institute a blanket ban” against ordinary Russian users. Coinbase, Coinberry, and Kucoin Follow Binance’s and Kraken’s Decision to Refuse ‘Sabotaging Ordinary Russian Users’ On […]

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Data Shows Ruble-Denominated BTC Volume Rising, BTC-RUB Prices Jump as High as $46K

Data Shows Ruble-Denominated BTC Volume Rising, BTC-RUB Prices Jump as High as $46KAmid the conflict in Ukraine with Russia, bitcoin trade volumes tied to Russian ruble pairs have surged in recent days. Metrics recorded by the crypto analytics provider Kaiko indicate that ruble (RUB)-denominated bitcoin volume reached close to 1.5 billion rubles four days ago, on February 24. Data also shows that bitcoin-ruble pairs saw a significant […]

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Major Russian Bank Sberbank Files Application to Launch Its Own Stablecoin — Possibly Pegged to the Fiat Ruble

Russian Major Bank Sberbank Files Application to Launch Its Own Stablecoin — Possibly Pegged to the Fiat RubleA major Russian bank revealed an upcoming digital asset launch, which complements another of its latest crypto-related moves. Sberbank applied to register a platform to issue a token named “Sbercoin.” Bank Expects the Stablecoin Could Launch in the Spring of 2021 During an interview with 1prime, Anatoly Popov, Sberbank’s deputy chairman, said the bank made […]

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PR: TRCE – Crypto Exchange Set To Launch In Q4 2019

TRCE - Crypto Exchange Set To Launch In Q4 2019The Real Cryptocurrency Exchange (TRCE) is a Seychelles Cryptocurrency company headquartered in Buenos Aires, Argentina (2019) with plans to open offices in Spain (2020) and Singapore (2021). The mission at TRCE is to reduce the access gap in the Cryptocurrency Market worldwide, primarily focusing on emerging markets.

The post PR: TRCE – Crypto Exchange Set To Launch In Q4 2019 appeared first on Bitcoin News.

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