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Tag: Russia

Elliptic Uncloaks $60B in Illicit Garantex Transactions, Aiding US Takedown

March 7, 2025 wp-bot Bitcoin News

The U.S. Secret Service, supported by blockchain analytics firm Elliptic, dismantled sanctioned Russian cryptocurrency exchange Garantex and froze $26 million in cryptoassets, authorities announced Friday.

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Russia Begins Piloting Digital Gold System for International Settlements

March 7, 2025 wp-bot Bitcoin News

The program, currently in its pilot stages, is part of a test to examine the feasibility of using gold assets for finalizing international exchanges involving

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Russia Explores Creating Regulated Crypto Market for Super Qualified Investors

March 7, 2025 wp-bot Bitcoin News

Russia is pushing forward with a regulated cryptocurrency market, limiting access to “super-qualified” investors under a strict legal framework to ensure financial stability and security.

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Garantex Website Replaced by Feds’ Seizure Notice in Coordinated Cyber Operation

March 6, 2025 wp-bot Bitcoin News

The U.S. Secret Service, collaborating with global law enforcement partners, confiscated the website of Garantex, a Russian cryptocurrency platform accused of enabling illegal financial activities.

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Russian Exchange Garantex Halts Services as Tether Freezes $28M in USDT Tokens 

March 6, 2025 wp-bot Bitcoin News

Tether, the largest stablecoin issuer, has immobilized roughly $28 million in USDT tokens on Garantex, a cryptocurrency platform based in Russia. This measure corresponds with

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Russia Could Develop a Crypto Reserve—Expert Discusses Timeline

March 6, 2025 wp-bot Bitcoin News

Russia could develop a cryptocurrency reserve within one to three years, a top mining executive claims, as U.S. policy shifts fuel global interest in crypto’s

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Blockchain
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