Tag: Russia
Binance Will Stop Ruble Support Next Month
Reading time: < 1 minute The press office of Binance has announced that transactions in Russian rubles will no longer be allowed starting January 31, 2024.
Binance Stops Transactions in Pairs with the Ruble
Reading time: < 1 minute Binance will stop processing transactions with major cryptocurrencies paired with the ruble, such as Cardano (ADA), Arbitrum (ARB), Ethereum (ETH), Solana (SOL) and Ripple (XRP).
Binance Could Leave Russia
Reading time: < 1 minute Binance is reportedly exploring the possibilities of conducting business in Russia, including the possibility of total withdrawal from the jurisdiction.
The Bank of Russia Plans to Test Crypto in International Settlements
Reading time: < 1 minute The Deputy Head of the Central Bank has confirmed that the financial authorities are softening their position in order to develop the most effective mechanism for circumventing economic sanctions.
Russia’s Parliament is Developing a Bill on the Launch of a National Crypto Exchange
Reading time: < 1 minute The Russian Parliament has started drafting a bill on the creation of a national cryptocurrency exchange.
Binance May Impose Sanctions on Russian Users
Reading time: < 1 minute The sanctions against Russia because of its invasion of Ukraine have created a “difficult situation” for Binance to work with Russian users.
Russian Users Will Still Be Able to Access Kazakh Crypto Exchanges
Reading time: < 1 minute Crypto exchanges registered in Kazakhstan will continue to serve Russian users.
Dapper Labs Introduces Restrictions for Russian Users
Reading time: < 1 minute NFT-company Dapper Labs has introduced restrictions for addresses affiliated with Russian users as a result of the EU sanctions.
Binance Does Not Plan to Introduce Restrictions for Russian Users
Reading time: < 1 minute The trading platform does not plan to impose any restrictions against users from Russia, at least not yet.
Russian Companies Are Using Cryptos to Avoid Sanctions
Reading time: < 1 minute Russian businesses are already conducting cross-border settlements using cryptocurrencies.