Rostin Behnam steps down from the US Commodity Futures Trading Commission, advocating for stricter regulations; Russia seizes $10 million in Bitcoin, while the International Monetary Fund advises Kenya on cryptocurrency rules. #Breaking #Legal $BTC (-9) ↘
Russian bailiffs are liquidating over 1,032 Bitcoin, valued at approximately one billion rubles, confiscated from Marat Tambiev in a significant crypto bribery case involving the Infraud Organization. #Breaking #Legal $BTC (+8) ↗
The U.S. Department of Justice indicted three Russian nationals on Jan. 10 for using cryptocurrency mixers to launder proceeds from cybercrimes, including ransomware and wire fraud, obscuring illicit funds’ origins #Breaking #Legal @DOJ (+9) ↗
Russia has seized $10M in Bitcoin from former ICRF employee Marat Tambiev, turning it into state revenue amid a bribery case involving a hardware crypto wallet. #Breaking #Legal $BTC (+8) ↗
Telegram CEO Pavel Durov criticizes EU media restrictions, highlighting more freedom for Russian users on @Telegram amid growing concerns over digital free expression. #Legal @Telegram → 0
Alexey Zhikharev of the Renewable Energy Development Association (REDA) reports cryptocurrency mining uses nearly 1% of Russia’s energy, with a shift towards renewables expected as the industry expands. #Update #Crypto @REDA ↗ +3
@Sberbank, @Tbank, and @TochkaBank have joined Russia’s digital ruble pilot, advancing the Central Bank of Russia’s digital currency initiative. #Update #Crypto @Sberbank ↗ +4
Russia’s Finance Minister Anton Siluanov announced the country can legally use digital financial assets and $BTC for foreign trade, enhancing trade flexibility amid sanctions. #Update #Legal @RussiaGov ↗ (+7)
A St Petersburg court has seized over $763 million from Western banks Unicredit, Deutsche Bank, and Commerzbank amid a Gazprom subsidiary dispute, marking a significant escalation in the financial tensions between Russia and the West following Ukraine’s invasion.
