The FSB said at least 20 individuals were arrested in connection with a ring that scammed an undetermined number of Russian citizens.

  • Russia’s Federal Security Service said it detained more than 20 people in Moscow City accused of operating unregistered crypto exchange offices that funneled money stolen from Russian scam victims to Ukraine.
  • Authorities said the alleged scheme used Ukrainian call centers to target Russians, including pensioners, instructing them to buy cryptocurrency at these offices and transfer it to accounts controlled by the suspects.
  • The FSB said it shut down nine channels used to move funds abroad via crypto but did not identify the exchanges, the cryptocurrencies involved or the total sums stolen, nor did it provide evidence for its claims of Ukrainian coordination.

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The Definitive Stablecoin Landscape Series: Asia Pacific

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters :

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Bank group sues U.S. regulator over granting crypto trust charters

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