Russia

Binance CEO Asserts CommEx, Formerly in Russia, Excludes US and EU Users

Demian CrypterSep 28, 20232 min read

All Eyes on Binance’s Deal with CommEx Binance CEO Changpeng “CZ” Zhao recently took to Twitter to provide clarification regarding the sale of its Russian unit,…

Binance’s Exit from Russia: CommEX Acquisition Marks the End

Demian CrypterSep 27, 20232 min read

Binance Sells Russia Regional Unit to CommEX Crypto exchange Binance has announced the sale of its Russia regional unit to CommEX, a recently launched crypto exchange.…

Binance’s Departure from Russia Confirmed as Business Transfers to Crypto Exchange CommEx

Owen PatterSep 27, 20233 min read

Binance Exits Russian Market by Selling Business to CommEx Binance, the world’s largest cryptocurrency exchange, has announced its decision to exit the Russian market by selling…

Binance Ceases Operations in Russia Due to Legal Risks, Transfers Business to CommEX

Theon BarrettSep 27, 20232 min read

Binance Exits Russia Amid Legal Risks Binance, the world’s largest cryptocurrency exchange, has announced its complete withdrawal from the Russian market due to ongoing legal risks.…

Russia’s Central Bank Takes Steps for Nationwide Implementation of CBDC by 2025

Owen PatterSep 23, 20233 min read

The Bank of Russia Plans for Widespread Adoption of Digital Ruble by 2025 The Bank of Russia is considering 2025 as the target year for the…

Bank of Russia Aims to Evade Excessive Scrutiny with Central Bank Digital Currency

Noah RyptonSep 21, 20232 min read

Russia’s Central Bank Aims to Circumvent Sanctions with Digital Ruble The Bank of Russia is exploring the use of its digital ruble to facilitate cross-border trades…

Russia’s Central Bank Bolsters Gold Reserves as a Defense Against Economic Sanctions

Ethan GloberSep 21, 20233 min read

Russia’s Central Bank Increases Gold Reserves to Pre-Year Levels Data from the International Monetary Fund (IMF) reveals that Russia’s Central Bank has boosted its gold reserves…

Laundering of Funds through Russia: North Korean Hackers Uncovered by Chainalysis

Theon BarrettSep 19, 20233 min read

North Korean Hackers Utilizing Russian Cryptocurrency Exchanges for Money Laundering According to onchain analytics firm Chainalysis, North Korean hacking groups are increasingly using Russian cryptocurrency exchanges…

Central Bank of Russia Plans to Introduce Digital Ruble by 2025

Noah RyptonSep 19, 20232 min read

Russia’s Central Bank Plans to Launch Digital Ruble by 2025 The Central Bank of Russia is considering 2025 as the target year for the widespread use…

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