The Russian government passed legislation allowing the use of digital currencies in cross-border transactions and exchange trading from September 1, 2024, and legalizing cryptocurrency mining in Russia from November.
JinseFinanceKyberSwap's $361,876 $USDC.e exploit on #AVAX exposes DeFi vulnerabilities. Community vigilance and swift mitigation by KyberSwap emphasize the need for continuous security enhancements in decentralized finance.
Cheng YuanIn recent days, the exchange has also cut ties with several Russian banks.
ClementAnimoca Brands in a statement on Thursday said it had around $3.4 billion in assets, including $194 million in cash and stablecoins, and $2.7 billion worth of "off-balance sheet token reserves".
OthersDeputy Chairman of the State Duma Alexander Babakov suggested that the three countries should trade using a common digital currency.
LedgerinsightsThe country's central bank, Bank of Russia, has reportedly admitted that cross-border payments in crypto are inevitable in the present geopolitical conditions.
OthersCryptocurrencies can be used in cross-border or international payments only if they don’t get into Russia’s domestic financial system, the Bank of Russia governor said.
CointelegraphThe Ether losses risk becoming steeper due to unfavorable technical and macroeconomic indicators.
Cointelegraph"The same rules that apply to investments in the physical world continue to apply to investments in virtual worlds," said the regulators.
CointelegraphInflows into bitcoin and ethereum investment products continue to rise as institutional investors re-accumulate.
Cointelegraph