Russian businesses are trading in cryptocurrencies despite the absence of regulations, officials admit
Due to their limited access to international finance, Russian businesses have started transacting in cryptocurrencies with their international partners. Even though these are still relatively small payments, government officials have notice
October 10, 2022
A Thai regulator accuses a provider of digital asset services of refusing to respond to an information request; the matter has been referred to law enforcement
The chief executive officer of Zipmex's Thai unit, Akalarp Yimwilai, and the country's securities regulator were recently referred to the Royal Thai Police's technology crime division. The regulator claimed it took this action after Yimwila
September 09, 2022
Russia Issues Digital Token to Encourage Palladium Investments
With the introduction of a palladium token, transactions involving digital assets backed by precious metals are now possible in Russia. The rare metal is not a publicly accessible asset in the Russian Federation but is used in jewelry and h
July 20, 2022
According to Bank of Russia, more than half of this year's financial pyramids in Russia involved cryptocurrency.
The majority of the financial pyramids discovered in 2022 employed cryptocurrencies in some capacity, according to a recent report from Russia's central bank. Russian scammers have increased their operations in response to Western sanctions
July 17, 2022
Russia has proposed a law that would impose fines for the unauthorized issuance and exchange of digital assets.
The Russian parliament has received a bill that would impose monetary fines on those who erroneously issue or exchange digital currency. The legislation was proposed by the author of another bill that would have prohibited using them as a f
June 24, 2022