A Lockbit ransomware developer has been extradited to the U.S., admitting to coding and consulting for the cybercriminal group, which paid him in cryptocurrency. Lockbit
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Unnamed Insiders Allege Russia Taps Crypto Assets to Facilitate Oil Trade With China and India
Based on whispers from unnamed insiders quoted by Reuters, Russia is reportedly turning to bitcoin, ether, and stablecoins as tools in its oil trade with
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Russia Opens to Cryptocurrency: Central Bank Unveils Trading Sandbox Proposal
The Bank of Russia introduced a proposal to allow highly qualified investors to purchase and sell crypto under an experimental framework lasting three years. Nonetheless,
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Russia Says No to Bitcoin in Wealth Fund—But Top Official Signals Potential Future Shift
Russia is keeping cryptocurrency out of its National Wealth Fund, citing volatility and liquidity concerns, but future economic shifts could open the door to digital
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Elliptic Uncloaks $60B in Illicit Garantex Transactions, Aiding US Takedown
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
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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