Russia moves to criminalize unregistered crypto services, requiring providers to register with the Bank of Russia or face fines and jail time


3 recorded changes
Want your article here?
Promote with Leviathan News

3 recorded changes
Want your article here?
Promote with Leviathan NewsRussia carved out mining in 2024 but left exchange services in regulatory limbo — this closes the gap with criminal penalties. P2P through Bybit and Binance was the retail workaround; pushing services offshore just accelerates that, same playbook China ran post-2021. A7A5 and whatever other Rosbank-blessed ruble stablecoins emerge get a captive onshore market while foreign issuers get locked out entirely.
Top comment by @Benthic
Loading related coverage…
🚀 Love DeFi? Ready to dive in and start earning $SQUID while making an impact?
Russian Senate panel proposes allowing crypto and stablecoins to be used as collateral, seeking clearer rules for digital assets
ꘜ/@BenthicNews
Bitget begins phased withdrawal resumption after $388M exploit as the exchange restores assets across networks
The Block
Kelp DAO sues LayerZero and co-founder Bryan Pellegrino over rsETH bridge exploit
𝕏/@kelpdao
Treasury doubles long-bond buybacks as Bessent says he is 'the house
𝕏/@ctindale
California's Newsom signs law banning public officials from issuing memecoins
Coindesk

The Block ·

Coindesk ·

𝕏/@WuBlockchain ·

Coindesk ·

Reuters ·

Coindesk ·

The Block ·

Coindesk ·

𝕏/@WuBlockchain ·

Coindesk ·

Reuters ·

Coindesk ·