Key Takeaways The FSB and MVD raided Moscow City crypto offices, disrupting 9 foreign channels and detaining over 20 people. The crackdown hit Bitriver and a Telegram-linked token, signaling strict oversight across the crypto industry. MVD investigators seek more victims for restitution while suspects face up to 10 years in prison. Foreign Crypto Laundering Ring Dismantled Russian authorities recently dismantled a financial laundering ring operating out of the Moscow City business district, disrupting nine foreign-coordinated cryptocurrency channels used to funnel stolen funds abroad. In a joint operation by the Federal Security Service (FSB) and the Ministry of Internal Affairs (MVD), …
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The House of Representatives passed a stopgap funding bill on July 21 by a 220-205 vote, pushing the government’s spending deadline from September 30 to …
Bitwise’s Solana staking ETF has received approval from a major bank for customers to borrow up to 25% of their shares’ value, adding a lending …
