The U.S. government began privately warning some American companies the day after Russia invaded Ukraine that Moscow could manipulate software designed by Russian cybersecurity company Kaspersky to …
Russians plan to launch alternative to Google Play on Victory Day
Russian tech developers are building an alternative to Alphabet Inc's (GOOGL.O) Google Play store and plan to launch it on May 9, a national holiday in Russia that celebrates victory in World War Two, …
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Japan to revise foreign exchange law to end crypto loophole for sanctions on Russia
Japan will revise its foreign exchange law to prevent Russia from evading Western financial sanctions following Moscow's invasion of Ukraine through cryptocurrency assets, top government officials …
Google and Apple close loophole that was letting Russians use payment services
In 2014 Russia annexed Crimea and NATO nations retaliated with economic sanctions. This prompted the Central Bank of Russia to establish Mir cards, a national payment system linked to 150 banks in the …
Russia is considering selling its oil and gas for bitcoin as sanctions intensify from the West
Faced with stiffening sanctions from Western countries over its invasion of Ukraine, Russia is considering accepting bitcoin as payment for its oil and gas exports. In a videotaped news conference …
Christine Lagarde Claims Crypto Is Being Used to Evade Russian Sanctions
European Central Bank President Christine Lagarde said today that cryptocurrency is “certainly being used” as a means of evading international sanctions on the Russian Federation. However, industry …
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Are Russia’s elite really using cryptocurrency to evade sanctions?
Fearing Russia’s elite will evade economic sanctions by converting their wealth to cryptocurrency, high-profile US Democratic senator Elizabeth Warren has introduced a bill into US Congress to stymie …
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Companies should be required to disclose their ties to Putin’s Russia
Russia’s aggression in Ukraine, and the condemnation and sanctions that ensued, highlight an economic risk to companies that do business in or with Russia or otherwise are economically tied to Russia …
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Crypto an Unlikely Route for Russian Sanctions Evasion, Experts Say
Cyberattack ransoms and cryptocurrency mining are unlikely to generate enough revenue to replace regular business activity in sanctioned nations, digital money experts and former law-enforcement …
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U.S. Democrats introduce bill to curb Russian crypto use amid Ukraine crisis
Democratic U.S. senators introduced a bill on Thursday that would enable the president to sanction foreign cryptocurrency firms doing business with sanctioned Russian entities and prevent them from …
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