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Russia

U.S. and U.K. Law Enforcement Unveil Major Takedown of Russian Cybercriminals Behind LockBit Ransomware Attacks

In a significant development targeting cybercrime, the U.S. Department of Justice (DOJ), in collaboration with U.K. law enforcement agencies, has unsealed an indictment against two Russian nationals, Artur Sungatov and...
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Russia Incorporates Digital Ruble into Tax Code, Bolstering Control and Oversight

Russia’s President Vladimir Putin has officially embedded the nation’s digital ruble into the tax code, a move solidifying the currency’s legal status, as reported by Telesputnik. The amended tax code...
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Central Bank of Russia and UAE Join Forces for Swift Digital Ruble Payments System

In a significant move towards enhancing bilateral financial cooperation, the Central Bank of Russia has expressed its readiness to collaborate with UAE regulators in establishing a rapid payment and settlement...
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Russia to Launch Testing of ‘Digital Ruble’ CBDC as President’s Signature Nears

Russia is gearing up to initiate testing of its very own central bank digital currency (CBDC), dubbed the ‘digital ruble,’ as early as August 1, pending President Vladimir Putin’s signature...
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Russia Shifts Strategy: Abandons National Crypto Exchange Plan, Focuses on Regulating Multiple Exchanges

Russia Abandons Plans for National Cryptocurrency Exchange, Will Regulate Multiple Exchanges Instead In a surprising shift, the Russian government has announced that it will no longer pursue the creation of...
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