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Binance Removes Sanctioned Russian Banks From P2P Platform


Crypto exchange Binance has dropped Russian banks under sanctions from the payment options on its peer-to-peer (P2P) platform. Russian traders can no longer use cards issued by these banks to make payments while transactions in foreign fiat currencies are also restricted for them. Binance No Longer...

Digital Ruble Scammers ‘Target Russians in Multiple Regions’


Digital ruble scammers have reportedly struck in multiple Russian regions, with fraudsters apparently hoping to dupe citizens who do not yet fully understand how the CBDC works. Media outlets around the country say that scammers are sending citizens emails that use commercial and Central Bank...

Only 2 % of Russians Ready to Keep All Their Savings in Digital Ruble: Poll


While over half of Russians are willing to put some money into their nation’s digital ruble, only 2% say they would keep all their savings in it. Insufficient information and fear of system failures are among the biggest factors turning people away from the government-issued digital currency....

Binance Renames Russian Bank Cards Amid US Sanctions Probe, Report


Crypto exchange Binance has replaced the names of cards issued by Russian banks with colors, Russian media revealed amid reports of a U.S. investigation into potential sanctions violations. The changes concern the ruble exchange feature on Binance’s peer-to-peer platform. Russian Traders on Binance...

Russian Banks MTS, PSB Say Customers Are Now Using Digital Ruble


The Russian banks MTS and PSB have begun testing the digital ruble, with “entrepreneurs” using the CBDC to pay for “services.” The nation’s Central Bank has fast-tracked its CBDC project in recent weeks, and is eyeing a 2025-2027 national rollout. The banks, along with the likes of VTB Bank,...

Official Hints China Could Pit Expanded BRICS Against G7


China may be in the process of building an expanded BRICS to pit the bloc as a geopolitical rival for the Group of Seven (G7) nations, as per statements from a Chinese official. In its upcoming summit that will take place in Johannesburg, the bloc will discuss the conditions of adding nations like...

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