Rosbank, the largest bank in Russia, has launched cross-border cryptocurrency payments with the help of fintech company B-crypto. The new solution allows the purchase of cryptocurrencies abroad using the funds of the importer, which are then transferred to the foreign provider. However, concerns have been raised regarding sanctions evasion, as many countries are taking measures to include cryptocurrency transactions in their sanction regimes.
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Russian Bank Rosbank Launches Cross-Border Cryptocurrency Payments with Fintech Partner
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Dennis Porter: At least 13 states are developing “strategic bitcoin reserve” legislation
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Russian President Vladimir Putin officially signs digital currency tax law
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Taiwan forces cryptocurrency providers to register for anti-money laundering
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The U.S. Internal Revenue Service has released a new draft of the crypto tax form, which no longer requires filling in wallet addresses and transaction IDs
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