Digital Ruble ‘Will Make Russia $3.2 Billion Per Year,’ Moscow Claims
The digital ruble will boost Russia’s economy to the tune of $3.2 billion per year, the country’s credit ratings agency says.The...
US Treasury Doubles Down, Hits Crypto Exchange Garantex with Second Sanction
US Treasury’s OFAC has redesignated Garantex and sanctioned successor Grinex, executives, and affiliates, citing more than $100 mi...
U.S. Blacklists Crypto Network Behind Ruble-Backed Stablecoin and Shuttered Exch...
U.S. officials accused Garantex, Grinex, A7A5 token issuers and executives of laundering ransomware proceeds and evading sanctions...
CBDC Fraud Cases on Rise in Russia as Moscow Prepares to Pay Pensions in Digital...
CBDC-themed fraud is on the rise in Russia, the country’s Central Bank has warned, as Moscow prepares to start paying digital rubl...
Rouble-Backed Stablecoin A7A5 Surges Past $40B in Transactions Amid July Surge
A rouble-pegged stablecoin, launched earlier this year to facilitate Russia’s cross-border payments, has crossed $40 billion in to...
Illegal Miners in Russian Bitcoin Mining Hotspot Stole $4.3M of Electricity in H...
Illegal miners in the Russian Bitcoin mining hotspot of Ingushetia stole some $4.3 million worth of electricity in the first half...