Russia Inches Closer to Launching a National Crypto Exchange (Report)
A "national crypto exchange in Russia" could see the light of day if the Finance Ministry and the central bank
A "national crypto exchange in Russia" could see the light of day if the Finance Ministry and the central bank
There were some notable changes in the top five countries in terms of crypto adoption in Q3.
Following the latest package of sanctions that the EU imposed on Russia, Kraken terminated services to Russian customers.
A Russian-Venezuelan network sold oil to Russian and Chinese clients and used crypto to avoid financial restrictions.
EU had earlier banned all crypto payments from Russians to European wallet providers.Â
Chainalysis found that stablecoin usage in Russia has increased since the war began.
Blockchain firm Dapper Labs followed the EU's example and imposed restrictions on Russian accounts.
The report comes amid reports of the European Union seeking to tighten restrictions on Russia's crypto investments within the bloc.Â
The increased interest in digital assets could turn Kazakhstan into a global crypto center, President Tokayev indicated.
Digital asset mining activity in Moscow is highly unlikely.Â