Cryptocoins News / Finance Magnates - 1 year ago
Binance is reevaluating its crypto business in Russia and even considering an exit from the market as the exchange is facing fresh allegations of allowing Russians to take out their money using sanctioned banks, the Wall Street Journal reported.
"All...
Cryptocoins News / The Cointelegraph - 1 year ago
A Binance spokesperson reportedly said the global cryptocurrency exchange was considering all options in regard to Russia, “including a full exit.” Cryptocurrency exch...
Cryptocoins News / The Cointelegraph - 1 year ago
Russian ruble use on Binance P2P has been restricted to Russian citizens who live in the country. Cryptocurrency exchange Binance continues introducing more restrictio...
Cryptocoins News / The Cointelegraph - 1 year ago
Tinkoff Bank and Sberbank are no longer available on the list of P2P transactions on Bybit and OKX. At least two major crypto exchanges followed Binance by excluding...
Cryptocoins News / Finance Magnates - 1 year ago
Binance, the largest cryptocurrency exchange in terms of trading volume, stopped offering its Russian clients the option to pay through five sanctioned banks on its peer-to-peer (P2P) crypto trading platform, the Wall Street Journal reported.
Binance...
Bitcoin News / Bitcoin.com - 1 year ago
Crypto exchange Binance has dropped Russian banks under sanctions from the payment options on its peer-to-peer (P2P) platform. Russian traders can no longer use cards issued by these banks to make payments while transactions in foreign fiat currencie...
Bitcoin News / Bitcoin.com - 1 year ago
A German expert says that the BRICS economic bloc adding several oil giants as new members “is a strategic success for China and Russia.” The BRICS leaders announced at their annual summit last week that they have invited Saudi Arabia, the UAE, Iran,...
Bitcoin News / Bitcoin.com - 1 year ago
While over half of Russians are willing to put some money into their nation’s digital ruble, only 2% say they would keep all their savings in it. Insufficient information and fear of system failures are among the biggest factors turning people away f...
Bitcoin News / Bitcoin.com - 1 year ago
The six countries that received an invitation to become members of BRICS at its summit have confirmed their decision to join the bloc, one of Russia’s top diplomats unveiled. The high-ranking official added that at this point in time it would be prem...
Bitcoin News / Bitcoin.com - 1 year ago
Crypto exchange Binance has replaced the names of cards issued by Russian banks with colors, Russian media revealed amid reports of a U.S. investigation into potential sanctions violations. The changes concern the ruble exchange feature on Binance’s...
Bitcoin News / Bitcoin.com - 1 year ago
Russian Foreign Minister Sergey Lavrov has declared that the actions of the BRICS bloc, integrated by Brazil, Russia, India, China, and South Africa, are focused on reducing dependency on the economic system managed by the U.S. and its Western allies...
Bitcoin News / Bitcoinist - 1 year ago
According to a recent report by the Wall Street Journal, cryptocurrency giant Binance has ceased offering its clients the option to conduct peer-to-peer transactions through sanctioned Russian banks.
This decision comes just days after a Wall Street...
Cryptocoins News / The Cointelegraph - 1 year ago
The crypto exchange removed its “yellow” and “green” codewords from its list of payment methods, which previously referred to sanctioned Russian banks. Crypto exchange...
Cryptocoins News / The Cointelegraph - 1 year ago
The most common hindrances cited include insufficient information about the technology (22%) and concerns about cybertheft and system failures (21%). According to a re...
Bitcoin News / Bitcoin.com - 1 year ago
The Ministry of Economic Development of Russia does not expect the rapid development of a common currency for the BRICS bloc. Deputy Economic Development Minister Vladimir Ilyichev stated that “quick breakthroughs” on this issue are unlik...
Cryptocoins News / The Cointelegraph - 1 year ago
Despite the U.S. DOJ investigating Binance for violation of U.S. sanctions with its services in Russia, the firm has continued to promote its platform in the country....
Bitcoin News / Bitcoin.com - 1 year ago
The BRICS members are mulling over the possible launch of a common unit of account, Russia’s Minister of Finance Anton Siluanov unveiled. This would be an alternative to the U.S. dollar that can be used to denote the cost of some commodities, for exa...
Cryptocoins News / Blockchain - 1 year ago
Russian and CIS investors have filed a class action lawsuit against Atomic Wallet, claiming losses of around $12 million following a security breach in June. The lawsuit, coordinated by German lawyer Max Gutbrod and Moscow's Destra Legal, highlights...
Bitcoin News / Bitcoin.com - 1 year ago
Russian President Vladimir Putin said at the BRICS summit that “A balanced, irreversible process of de-dollarization of our economic ties is gaining steam.” The Russian leader stressed: “We oppose hegemonies of any kind and the exceptional status tha...
Cryptocoins News / Finance Magnates - 1 year ago
Binance
aided peer-to-peer (P2P) crypto transfers among Russians using at least
five banks sanctioned by Western governments after Russia launched a full-scale
invasion of Ukraine last year, the Wall Street Journal reported today (Tuesday). Citing th...