Russia’s primary financial hubs, the Moscow Exchange (MOEX) and the St. Petersburg Exchange, are gearing up to launch regulated cryptocurrency trading services. This transition is contingent on the finalization of a new legislative framework proposed by the Bank of Russia, designed to integrate digital assets into the formal economy under rigorous supervision. Technical Readiness and … Read more
The Central Bank of Russia (BoR) has introduced a comprehensive conceptual framework to regulate cryptocurrency trading, marking a shift from informal restrictions to a structured, licensed marketplace. While the proposal legally recognizes cryptocurrencies and stablecoins as “currency values,” it maintains a strict ban on using them for internal payments. A Two-Tiered Investor System The new … Read more
A new investigation by blockchain analytics firm Global Ledger reveals that the sanctioned Russian crypto exchange Garantex has successfully rebuilt an operational payout system and is quietly moving millions of dollars in cryptocurrency despite international pressure and law enforcement efforts. Active Operation: Researchers identified new Garantex-linked wallets on Bitcoin and Ethereum holding over $34 million … Read more