Tether Froze Garantex Assets: Exchange Halts Operations
Tether has frozen Garantex's funds in excess of 2.5 billion roubles. The exchange has suspended operations and Russian users fear further freezes.
Russia plays a complex role in the cryptocurrency and Web3 sector. Although the government has adopted an ambiguous stance on crypto regulation, the country is home to one of the most active blockchain developer communities. Moscow and other Russian cities are innovation centres for blockchain, with companies working on smart contracts, DeFi and digital payment solutions.
4 PostsTether has frozen Garantex's funds in excess of 2.5 billion roubles. The exchange has suspended operations and Russian users fear further freezes.
The debate between Trump and Zelensky triggered a surge in the $TRUMP and $MAGA coin memes, with increases of 8% and 10% respectively.
Iranians are increasingly using crypto to transfer funds abroad. Local exchanges are reporting an increase in outflows.
The US releases Alexander Vinnik, founder of BTC-e, in a prisoner exchange with Russia. Trump continues his pro-crypto policy.
Get the latest news, learn from experts, discover new tools, and find inspiration right in your inbox.
No spam. Unsubscribe anytime.