Russian rubles – DIGIT INFO

Lithuania Fines Crypto Firm $10M for Russian Sanctions Violations

DIGIT — Thu, 11 Jul 2024 06:33:18 +0000

The Lithuanian Financial Crime Investigation Service (FNTT) has fined the crypto firm Payeer nearly 9.3 million euros ($10 million) for international sanctions violations and anti-money laundering (AML) breaches. Specifically, Payeer was fined 8.23 million euros for facilitating transactions in Russian rubles through its platform, involving sanctioned Russian banks and clients. Additionally, a 1.06 million euro […]

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Russia and Cuba Eye Cryptocurrencies for Settlements Amid Sanctions

DIGIT — Thu, 17 Nov 2022 12:30:30 +0000

Both facing sanctions, Russia and Cuba are looking into alternative options for cross-border payments, including cryptocurrencies, a Kremlin advisor has unveiled in Havana. Moscow is already developing a mechanism for crypto settlements to circumvent financial restrictions imposed over its invasion of Ukraine. Crypto and Ruble Considered for Payments in Trade Between Russia and Cuba The […]

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

DIGIT — Tue, 01 Mar 2022 23:19:53 +0000

According 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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Google Singles out Bitcoin With New Keyboard Currency Symbol

DIGIT — Thu, 21 Feb 2019 02:58:57 +0000

In what some view as a landmark move, Google developers have added the bitcoin currency symbol to the iOS keyboard. Vitalik Buterin’s public request to add an ethereum symbol, however, was met with an unceremonious blow-off. The move, by a company so successful it’s evolved its domain name into a verb, reflects Bitcoin’s mainstream trajectory. Also read: […]

The post Google Singles out Bitcoin With New Keyboard Currency Symbol appeared first on Bitcoin News.

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Strict Rules for ICOs Prepared in Russia

DIGIT — Mon, 02 Apr 2018 15:10:29 +0000

A new set of regulations for ICOs has been presented by the Russian Ministry of Communications. Companies organizing token sales will be obliged to guarantee that investors can sell back their tokens. Coin issuers will have to prove they control at least 100 million rubles of authorized capital in a Russian bank account. Also read: […]

The post Strict Rules for ICOs Prepared in Russia appeared first on Bitcoin News.

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