Switzerland’s troubled Credit Suisse and its rescuer, USB, are subject to an investigation into whether bankers helped Russian oligarchs evade Western sanctions, according to a
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Blockchain to Become More Relevant in Payments This Year, Sberbank Exec Says
Blockchain technology can help solve current issues with settlements, according to the deputy chief executive of Sberbank. Russia’s largest bank is working with other financial
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Moscow City Crypto Exchanges Ready to Send Cash to London, Report
An investigation into digital asset exchanges in the Russian capital has established that some of them are ready to buy digital coins and deliver paper
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Binance Bans Russians From P2P Transactions With Dollars and Euros
Cryptocurrency exchange Binance has introduced new restrictions for Russian users, in accordance with the latest European sanctions. The platform is restricting access to peer-to-peer (P2P)
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US REPO task force names crypto as target in efforts involving $58B in sanctioned assets
Members of the task force have worked to “counter Russian sanctions evasion”, which included illicit crypto transactions and money laundering schemes.
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Crypto Neobank Wallbit Leaves Venezuela Due to Sanctions
Wallbit, a crypto-enabled neobank, announced it would stop serving users in Venezuela after its banking partner in the U.S. called on it to do so.
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