Russian Foreign Minister Sergey Lavrov Explains ‘Multipolar’ World View in Brazil

April 19, 2023 Bitcoin.com

bitcoin.com

Sergey Lavrov, the Russian foreign minister, started his tour of Latin America on April 17, landing first in Brasilia to hold high-level talks with Brazilian President Luiz Inacio ‘Lula’ da Silva and Brazilian Foreign Minister Mauro Vieira. Lavrov insisted that Russia was building a “multipolar” world, while Vieira rejected the unilateral sanctions enacted against Russia. […]

Beyond Stablecoins: USDT-Issuer Tether Announces New Distinct Business Divisions

Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner

April 8, 2023 Bitcoin.com

Africa

China’s relationship with Saudi Arabia is growing as the country’s Cabinet has agreed to join the Shanghai Cooperation Organization (SCO). The diplomatic move made by the kingdom began with a memorandum of understanding in September, and at the end of March, Saudi Arabia’s Cabinet approved the decision to become a dialogue partner. The Cabinet’s decision […]

Beyond Stablecoins: USDT-Issuer Tether Announces New Distinct Business Divisions

Nexo Bitcoin Withdrawals Surge Following Raid of Bulgarian Offices

January 13, 2023 Bitcoin.com

Activity

After the offices of crypto lender Nexo were raided in Bulgaria, the digital currency lending platform experienced a significant amount of withdrawals starting Jan. 12, 2023. An archived snapshot of Nexo’s real-time attestation shows that the company held 133,263 bitcoin on that day. As of Jan. 13, 2023, Nexo’s attestation indicates that the company now […]

Beyond Stablecoins: USDT-Issuer Tether Announces New Distinct Business Divisions

Crypto Lender Nexo Under Investigation for Alleged Money Laundering, Russian Sanction Violations in Bulgaria

January 12, 2023 Bitcoin.com

$94 billion

According to several reports, Bulgarian law enforcement officials are investigating crypto lender Nexo for alleged money laundering and sanctions violations. Siika Mileva, a spokesperson for Bulgaria’s attorney general, said the probe into Nexo is a large-scale operation involving 300 investigators from various agencies, including the National Security Service, Gendarmerie, and Sofia Police. Bulgarian Law Enforcement […]

Beyond Stablecoins: USDT-Issuer Tether Announces New Distinct Business Divisions

Russia’s GDP Decline Less Severe Than Expected, Wall Street Returns to Russian Bonds, Putin Criticizes US ‘Hegemony’

August 17, 2022 Bitcoin.com

Al Jazeera

While the ongoing war in Ukraine continues, the Ministry of Economic Development of the Russian Federation detailed this week that Russia’s economic hardships are less severe than expected. Russia’s economic ministry says that the economy’s gross domestic product (GDP) is estimated to drop by 4.2% this year and Russia’s inflation won’t be as elevated as […]

Beyond Stablecoins: USDT-Issuer Tether Announces New Distinct Business Divisions

US Withdraws Request to Extradite BTC-e’s Vinnik From France, Lawyer Sees ‘Deceitful Maneuver’

July 23, 2022 Bitcoin.com

Alexander Vinnik

U.S. authorities have withdrawn their request to extradite the alleged operator of crypto exchange BTC-e Alexander Vinnik from France, his French lawyer informed Russian media. Vinnik’s defense suspects, however, that the move is intended to actually speed up his extradition through Greece. Lawyer Says Washington Wants Vinnik to Remain in Prison The United States withdrew […]

Beyond Stablecoins: USDT-Issuer Tether Announces New Distinct Business Divisions

Report: Compass to Sell $30 Million in Crypto Mining Equipment Located in Russia

April 24, 2022 Bitcoin.com

Report: Compass to Sell Million in Crypto Mining Equipment Located in Russia

Bitcoin mining

The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S. government sanctioning the bitcoin mining operation Bitriver and ten subsidiaries. Compass is hoping to offload 12 megawatts of capacity, according to a company executive. Compass […]

Beyond Stablecoins: USDT-Issuer Tether Announces New Distinct Business Divisions

Alleged Hydra Administrator Dmitry Pavlov Reportedly Arrested In Russia

April 16, 2022 Bitcoin.com

administrator

A district court in Moscow has arrested a man whom local media reports identify as Dmitry Pavlov, alleged administrator of the recently shut down darknet market Hydra. Russian authorities believe he has been involved in drug-related crime punishable by up to 20 years in prison. Moscow Court Arrests Russian Believed to Be Hydra Administrator Meshchansky […]

Beyond Stablecoins: USDT-Issuer Tether Announces New Distinct Business Divisions

Coinbase Blacklists Over 25,000 Crypto Addresses Tied to Russian Individuals and Entities

March 7, 2022 Bitcoin.com

25000 addresses

The cryptocurrency exchange Coinbase has addressed the company’s procedures toward complying with sanctions in a blog post published on Sunday. The crypto firm says that respecting sanctions plays a “vital role in promoting national security” and the acts can help deter “unlawful aggression.” Coinbase Intends to Comply With International Sanctions, Chief Legal Officer Says ‘Digital […]

Beyond Stablecoins: USDT-Issuer Tether Announces New Distinct Business Divisions

Major Crypto Exchanges Ready to Work in Russia Under Proposed Rules, Report

February 3, 2022 Bitcoin.com

Ban

Leading exchanges, polled by the Russian press, have indicated they are not afraid of the upcoming strict crypto regulations. A requirement for coin trading platforms to establish a local office is one of the proposals in a regulatory roadmap drafted by the government in Moscow. Cryptocurrency Exchanges to Set Up Shop in Russian Federation Some […]

Russian Federation

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