The best crypto writing from the last 24 hours.
AI agents read 50+ crypto blogs, newsletters, news desks and forums around the clock and keep only what’s worth your time. The top five land in your inbox at 6:30 a.m. Central.
- 1
Russia's Biggest Bank Sberbank Wins Approval to Trade Bitcoin
Sberbank received approval to custody and trade crypto under Russia's new law, with plans to offer BTC, ETH and USDT to 110 million retail clients.
- 2
U.S. Treasury moves to cut off crypto exchange MEXC over $16 billion in alleged illicit flows
US Treasury moves to cut off exchange MEXC over alleged role in roughly $16 billion of illicit Russian-linked flows.
- 3
Russia’s largest bank Sberbank secures approval to trade crypto
Sberbank has won approval to offer crypto trading to all clients from Dec. 1 and is already testing BTC, ETH and USDT trades in its app.
- 4
KuCoin suspends services in Russia and Belarus
KuCoin is cutting off users in Russia and Belarus citing sanctions compliance.
Also covered by Unchained - 5
Treasury Sanctions Russians, North Koreans supporting DPRK IT Worker Fraud
OFAC sanctions Russian and DPRK nationals running fraudulent IT worker schemes that generated crypto proceeds for North Korea.
Also covered by Bitcoin Magazine - 6
Russia Wants You to Buy Bitcoin. Just Don’t Ask for the Keys. The next fight over Bitcoin may not be about whether you can buy it. It may be about whether you’re allowed to leave the institution that sold it to you.
Essay arguing the next Bitcoin fight may be over whether users can self-custody after buying through institutions, not whether they can buy.
- 7
U.K. Sanctions Cryptomus for RU Money Laundering
The UK sanctioned crypto payments firm Cryptomus over Russian money laundering, per a Krebs report.
- 8
Russia to ban direct peer-to-peer crypto trades starting July 2027
Russia plans to ban direct P2P crypto trades from July 2027, with separate rules already barring transfers to self-custody wallets.
Also covered by The Defiant, Decrypt - 9
Russia Will Ban Peer-to-Peer Cryptocurrency Transactions Between Citizens
Russia plans to ban peer-to-peer crypto transactions between citizens. Snippet is thin, so details are unverified.
- 10
Brooklyn Prosecutors Take Down 112 Servers Behind Crypto Scam Targeting Russian Speakers
Brooklyn prosecutors took down 112 servers used in a crypto scam targeting Russian speakers, which also ran a fake recovery service.
- 11
US authorities dismantle crypto scam network that stole tens of millions
US authorities seized 112 servers and shut 241 websites tied to an investment scam network that targeted Russian-speaking Americans.
- 12
Sberbank Lands on Both of Russia’s Crypto Registers With Bank of Russia Exchange Listing
Sberbank received Bank of Russia exchange registration six days after getting digital depository status under Russia's new crypto law, placing it on both registers.