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Russia Confirms First Capital Filling That Includes BTC + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news Russian tax authorities have recognized a capital filing that included a Bitcoin (BTC) investment – the country’s...

Brazil, Russia, India, China and South Africa Have a ‘Crypto’ Plan


Source: iStock/Gil-Design The BRICS Business Council has discussed the possibility of creating a single 'cryptocurrency' to facilitate settlements between member countries, after Russia’s sovereign wealth fund put forward a proposal. The BRICS nations – Brazil, Russia, India, China and South Africa...

Danske Bank Caught Using Gold Bullion to Launder Illicit Funds


The Danish financial institution Danske Bank has been embroiled in a massive money-laundering scandal associated with an Estonian branch that allegedly laundered $223 billion in an eight-year period. According to documents uncovered this week stemming from 2012, Danske Bank’s Estonian branch...

Russia's Crypto Law is Taking a Confusing Shape


A Russian newspaper says it has seen a copy of the much-awaited draft law "On Digital Financial Assets" – a piece of legislation that might decide the fate of cryptocurrencies in the country. However, local experts do not agree what this draft means exactly. RBC states that "two sources familiar...

Russia’s Sberbank Takes on Crypto with Cross-border Money Transfer App


Source: iStock/-lvinst- Russian major bank Sberbank has introduced a new low-cost, cross-border remittance solution that it believes will be able to compete with cryptocurrency for cross-border transactions. The bank, once the Russian financial sector’s fiercest advocate of cryptocurrencies...

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